Teradyne (TER) Hits New All-Time High on Strong Revenues, Better-Than-Expected Growth Estimates

We recently published 10 Stocks Defying Wall Street Slump; 8 Hit Fresh Highs. Teradyne, Inc. (NASDAQ:TER) is one of the best-performing stocks on Thursday.

Teradyne jumped to a new all-time high on Wednesday, as investors cheered a strong revenue performance and a higher growth outlook that beat Wall Street estimates.

At intra-day trading, Teradyne, Inc. (NASDAQ:TER) climbed to its highest price of $177.24 before trimming gains to finish the day just up by 20.47 percent at $173.94 apiece.

This followed a revenue growth outlook of $920 million to $1 billion for the full-year 2025 period, better than the $816.3 million as projected by analysts.

Meanwhile, Teradyne, Inc. (NASDAQ:TER) saw revenues in the third quarter of the year increase by 4.3 percent to $769 million from the $737 million in the same period last year. Of the total revenues, $606 million came from semiconductor tests, $88 million from product tests, and $75 million from robotics.

However, net income remained down by 18 percent to $119 million from the $145.6 million year-on-year.

“Our semiconductor test group delivered third quarter sales that exceeded expectations, driving company sales and profit to the high end of our Q3 guidance range,” said Teradyne, Inc. (NASDAQ:TER) CEO Greg Smith.

“As we look ahead to Q4, AI-related test demand remains robust across compute, networking and memory segments. Q4’25 sales are expected to increase 25 percent sequentially and 27 percent from Q4’24,” he added.

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Disclosure: None. This article is originally published at Insider Monkey.