WASHINGTON (dpa-AFX) - Teradyne Inc. (TER) released a profit for fourth quarter that retreated from last year.
The company said its earnings came in at $26.1 million, or $0.13 per share. This was lower than $31.1 million, or $0.14 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.10 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 1.5% to $318.44 million. This was down from $323.24 million last year.
Teradyne Inc. earnings at a glance:
-Earnings (Q4): $26.1 Mln. vs. $31.1 Mln. last year. -Earnings Decline (Y-o-Y): -16.1% -EPS (Q4): $0.13 vs. $0.14 last year. -EPS Decline (Y-o-Y): -7.1% -Analysts Estimate: $0.10 -Revenue (Q4): $318.44 Mln vs. $323.24 Mln last year. -Revenue Change (Y-o-Y): -1.5%
-Guidance: Next quarter EPS guidance: $0.23 - $0.29 Next quarter revenue guidance: $410 - $440 Mln
Copyright RTT News/dpa-AFX
© 2016 AFX News
