NASDAQ$TER
Teradyne Inc · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Reported revenue growth driven by strong Semiconductor Test and LitePoint Wireless shipments.
Teradyne reported Q4 2019 revenue of $655 million, a 26% increase from Q4 2018. GAAP EPS was $0.75 and non-GAAP EPS was $0.88. The company's revenue exceeded the high end of guidance due to strong Semiconductor Test and LitePoint Wireless shipments.
- Revenue of $655 million in Q4’19, growth of 26% from Q4’18
- Strong Semiconductor Test and LitePoint Wireless shipments drove Q4 revenue above the high end of guidance
- Industrial Automation revenue growth of 5% in Q4
- Board authorized a $1 billion share repurchase program
Headline financials
Revenue & EPS history
Teradyne · Revenue · Quarterly
$655M
Revenue by segment
Teradyne · $439M total across 1 segment · Q4 2019
- Semiconductor Test$439M—100.0%
Forward guidance
Teradyne anticipates Q1 2020 revenue between $670 million and $710 million, with GAAP net income per diluted share of $0.75 to $0.85 and non-GAAP net income per diluted share of $0.86 to $0.96.
Tailwinds
- Revenue of $670 million to $710 million
- GAAP net income of $0.75 to $0.85 per diluted share
- Non-GAAP net income of $0.86 to $0.96 per diluted share
- Customer production ramps from several design wins using these new products
- Early test demand for smartphone related silicon and storage test capacity expansions.
Headwinds
- Guidance excludes acquired intangible asset amortization
- Guidance excludes non-cash convertible debt interest
- Includes the related tax impact on non-GAAP adjustments
- Revenue profile to continue through the second quarter before tapering in the second half of the year.
- Business environment for Huawei is both fluid and uncertain
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2019
-0.2%
Avg return
Earnings day
+1.4%
Avg return
5 days after
+4.8%
Avg return
30 days after
45%
31 / 69 earnings
Positive
+23.7%
Q2 2019
Best reaction
-19.6%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.6% | +16.6% | +22.3% | |
| Q4 2025 | +8.2% | +20.3% | +22.5% | |
| Q3 2025 | +20.7% | +26.8% | +26.0% | |
| Q2 2025 | +0.0% | +2.2% | +13.5% | |
| Q1 2025 | -2.5% | -1.2% | +5.4% | |
| Q4 2024 | -5.7% | -8.5% | -10.0% | |
| Q3 2024 | -11.7% | -11.2% | -13.7% | |
| Q2 2024 | -18.3% | -16.0% | -10.7% | |
| Q1 2024 | +9.1% | +18.5% | +44.2% | |
| Q4 2023 | -8.9% | -9.1% | -2.3% | |
| Q3 2023 | -7.1% | -8.9% | +1.0% | |
| Q2 2023 | -5.6% | -3.7% | -11.5% | |
| Q1 2023 | -4.2% | -2.2% | +9.9% | |
| Q4 2022 | +0.6% | -2.8% | -2.3% | |
| Q3 2022 | +6.2% | +7.6% | +21.4% | |
| Q2 2022 | -2.2% | +0.8% | -3.8% | |
| Q1 2022 | -5.6% | -6.3% | -6.8% | |
| Q4 2021 | -19.6% | -15.1% | -13.2% | |
| Q3 2021 | +4.9% | +17.9% | +28.6% | |
| Q2 2021 | -4.2% | -0.3% | -8.1% | |
| Q1 2021 | -0.8% | -6.3% | -2.1% | |
| Q4 2020 | -13.1% | -14.9% | -6.9% | |
| Q3 2020 | +6.2% | +6.1% | +22.8% | |
| Q2 2020 | -0.3% | -6.9% | -1.1% | |
| Q1 2020 | +0.5% | -0.8% | -1.2% | |
| Q4 2019 | +6.5% | -2.9% | -7.8% | |
| Q3 2019 | +1.1% | +5.9% | +2.9% | |
| Q2 2019 | +23.7% | +20.3% | +14.5% | |
| Q1 2019 | +7.0% | +8.7% | -5.7% | |
| Q4 2018 | +13.3% | +15.6% | +29.7% | |
| Q3 2018 | -6.4% | +0.2% | +10.9% | |
| Q2 2018 | +5.5% | +8.6% | -1.1% | |
| Q1 2018 | -14.2% | -17.9% | -4.8% | |
| Q4 2017 | -7.5% | -3.2% | -8.3% | |
| Q3 2017 | +7.2% | +8.9% | +11.3% | |
| Q2 2017 | -4.8% | -4.2% | -4.3% | |
| Q1 2017 | +8.3% | +6.6% | +6.0% | |
| Q4 2016 | +3.9% | +8.6% | +9.1% | |
| Q3 2016 | +4.1% | +6.2% | +14.7% | |
| Q2 2016 | -3.2% | -6.5% | -0.3% | |
| Q1 2016 | -7.3% | — | — | |
| Q4 2015 | -4.2% | — | — | |
| Q3 2015 | +8.5% | — | — | |
| Q2 2015 | +3.4% | — | — | |
| Q1 2015 | +9.6% | — | — | |
| Q4 2014 | -1.4% | — | — | |
| Q3 2014 | -0.1% | — | — | |
| Q2 2014 | -8.7% | — | — | |
| Q1 2014 | -5.9% | — | — | |
| Q4 2013 | +2.6% | — | — | |
| Q3 2013 | +0.5% | — | — | |
| Q2 2013 | -6.0% | — | — | |
| Q1 2013 | +8.1% | — | — | |
| Q4 2012 | -5.1% | — | — | |
| Q3 2012 | +1.9% | — | — | |
| Q2 2012 | +0.2% | — | — | |
| Q1 2012 | +0.8% | — | — | |
| Q4 2011 | -2.8% | — | — | |
| Q3 2011 | +1.7% | — | — | |
| Q2 2011 | +5.5% | — | — | |
| Q1 2010 | -2.2% | — | — | |
| Q1 2011 | -0.2% | — | — | |
| Q4 2008 | -0.1% | — | — | |
| Q4 2010 | -0.1% | — | — | |
| Q3 2009 | +1.0% | — | — | |
| Q3 2010 | +1.0% | — | — | |
| Q4 2009 | -2.7% | — | — | |
| Q2 2009 | -2.7% | — | — | |
| Q2 2010 | -2.7% | — | — |
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