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Stock impact report

Teradyne forecasts strong Q4 results on steady chip-testing demand [Yahoo! Finance]

Texas Instruments Incorporated (TXN) 
Last texas instruments incorporated earnings: 4/21 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The company forecast fourth-quarter revenue of $710 million to $760 million, with the mid-point above analysts' average estimate of $736.5 million, according to data compiled by LSEG. Teradyne forecast adjusted earnings per share for the fourth quarter in the range of 80 cents to 97 cents, compared with estimates of 88 cents. The company, which counts Qualcomm and Texas Instruments among its customers, designs and develops technology to test chips and electronic equipment. It also sells robotic systems to customers in the manufacturing sector. The company's revenue for the third quarter rose about 5% to $737 million from a year ago, compared with estimates of $716.4 million. On an adjusted basis, the company earned 90 cents per share in the quarter ended Sept. 29, compared with estimates of 78 cents per share. (Reporting by Priyanka.G in Bengaluru; editing by Alan Barona) Recommended Stories Show less Read more
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