WASHINGTON (dpa-AFX) - Teradyne Inc. (TER) revealed earnings for its first quarter that increased from last year.
The company said its bottom line climbed to $88.7 million, or $0.44 per share. This was higher than $64.4 million, or $0.31 per share, in last year's first quarter.
Analysts had expected the company to earn $0.38 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 6.0% to $456.91 million. This was up from $430.99 million last year.
Teradyne Inc. earnings at a glance:
-Earnings (Q1): $88.7 Mln. vs. $64.4 Mln. last year. -Earnings Growth (Y-o-Y): 37.7% -EPS (Q1): $0.44 vs. $0.31 last year. -EPS Growth (Y-o-Y): 41.9% -Analysts Estimate: $0.38 -Revenue (Q1): $456.91 Mln vs. $430.99 Mln last year. -Revenue Change (Y-o-Y): 6.0%
-Guidance: Next quarter EPS guidance: $0.81 to $0.90 Next quarter revenue guidance: $660 - $700 Mln
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