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Teradyne Stock Nears Buy Point On Upbeat Third-Quarter Earnings News
PATRICK SEITZ
01:31 PM ET 10/21/2020
Semiconductor test equipment maker Teradyne (TER) saw its shares surge on Wednesday after the company delivered better-than-expected third-quarter results and guidance. Teradyne stock is approaching a buy point.
Late Tuesday, the North Reading, Mass.-based company reported adjusted earnings of $1.18 a share on sales of $819.5 million in the September quarter. Wall Street had predicted Teradyne earnings of $1.12 a share on sales of $770.3 million. On a year-over-year basis, Teradyne earnings rose 53% while sales climbed 41%....
https://www.investors.com/news/technolog...src=A00220
PATRICK SEITZ
01:31 PM ET 10/21/2020
Semiconductor test equipment maker Teradyne (TER) saw its shares surge on Wednesday after the company delivered better-than-expected third-quarter results and guidance. Teradyne stock is approaching a buy point.
Late Tuesday, the North Reading, Mass.-based company reported adjusted earnings of $1.18 a share on sales of $819.5 million in the September quarter. Wall Street had predicted Teradyne earnings of $1.12 a share on sales of $770.3 million. On a year-over-year basis, Teradyne earnings rose 53% while sales climbed 41%....
https://www.investors.com/news/technolog...src=A00220
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