Teradyne stock rallies 7% on strong outlook as Wall Street debates Apple's influence

Earnings Results Last Updated: April 26, 2023 at 10:36 p.m. ET First Published: April 26, 2023 at 5:35 p.m. ET Outlook beat a welcome surprise as ‘sentiment heading into the print was not positive,’ TD Cowen analyst remarks ahead of call with execs Teradyne’s UltraFlex chip testing system. Teradyne Teradyne Inc. shares rallied in the

Financial Press

Published

April 26, 2023

teradyne-stock-rallies-7%-on -strong-outlook-as-wall-street-debates-apple's-influence

Earnings Results

Last Updated: April 26, 2023 at 10:36 p.m. ET First Published: April 26, 2023 at 5:35 p.m. ET

Outlook beat a welcome surprise as ‘sentiment heading into the print was not positive,’ TD Cowen analyst remarks ahead of call with execs

Teradyne’s UltraFlex chip testing system.

Teradyne

Teradyne Inc. shares rallied in the extended session Wednesday after the electronic testing equipment maker’s strong outlook based on auto and industrial demand sailed past Wall Street estimates, and analysts debated how much influence the iPhone maker had on the forecast.

Teradyne TER shares rallied as much as 7% after hours, following a 1.1% decline in the regular session to close at $93.33. The company is scheduled to hold a conference call with analysts at 8:30 a.m. Eastern on Thursday.

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