Teradyne Q3 earnings beat expectations but shares slide on profit slowdown and guidance
+1 new source since this summary was written
Teradyne reported adjusted Q3 2026 earnings of $2.29 per share on revenue of $1.31 billion, both ahead of Wall Street estimates. The results showed a 70% year‑over‑year revenue increase and an EPS beat of $0.21, yet earnings fell from $2.47 in Q2. The company’s Q4 guidance of $1.95–$2.25 per share signaled a further sequential decline, and the stock dropped 6%‑6.8% to about $295.
Why it matters
The share price fell sharply despite the beat, reflecting investor concern over the sequential profit slowdown and modest guidance. The lower guidance may pressure the stock until future quarters demonstrate stronger earnings growth.
Key facts
- 1Adjusted earnings per share were $2.29 for Q3 2026. investors.com
- 2Revenue for Q3 2026 was $1.31 billion. investors.com
- 3Revenue was up 70% year‑over‑year. investing.com
- 4Q3 EPS beat estimates by $0.21. investing.com
- 5Q4 guidance range was $1.95–$2.25 per share. investing.com
- 6Shares fell 6.8% to $295.00 after the earnings release. investing.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.