Teradyne reported Q3 2024 revenue of $737 million, up 5% YoY, driven by record Memory revenue from High Bandwidth Memory and AI compute demand. The company posted GAAP EPS of $0.89 and non-GAAP EPS of $0.90, exceeding quarterly guidance. Semiconductor Test segment contributed $543 million, while Robotics generated $89 million.The company's Semiconductor Test division outperformed expectations with strong performance in Memory testing, particularly in HBM for AI applications. The Robotics segment showed progress in recurring software and services revenue growth, along with improvements in the UR OEM channel.Looking ahead, Teradyne provided Q4 2024 guidance with revenue between $710-760 million and non-GAAP EPS of $0.80-0.97. The company maintains optimism about building on current momentum through 2024 and into 2025, particularly in AI-related testing demand and robotics growth strategies.

Teradyne reported Q3 2024 revenue of $737 million, up 5% YoY, driven by record Memory revenue from High Bandwidth Memory and AI compute demand. The company posted GAAP EPS of $0.89 and non-GAAP EPS of $0.90, exceeding quarterly guidance. Semiconductor Test segment contributed $543 million, while Robotics generated $89 million.The company's Semiconductor Test division outperformed expectations with strong performance in Memory testing, particularly in HBM for AI applications. The Robotics segment showed progress in recurring software and services revenue growth, along with improvements in the UR OEM channel.Looking ahead, Teradyne provided Q4 2024 guidance with revenue between $710-760 million and non-GAAP EPS of $0.80-0.97. The company maintains optimism about building on current momentum through 2024 and into 2025, particularly in AI-related testing demand and robotics growth strategies.