Teradyne (NASDAQ:TER) reported Q2 CY2025 revenue of $651.8 million, meeting expectations but down 10.7% year on year. Next quarter’s revenue guidance of $740 million was below analysts’ estimates. Non-GAAP profit of $0.57 per share beat estimates by 4.9%. CEO Greg Smith attributed strong results to the Semiconductor Test Group, driven by System-on-a-Chip for AI applications. Teradyne supplies automated test equipment to major chip manufacturers. Long-term revenue growth has been stagnant, but analysts expect a 12.5% increase over the next year. Inventory levels are higher than usual, with DIO at 114, 28 days above the five-year average. Overall, the quarter had mixed results, with the stock trading up 3% to $93.36 after the report.

Read more at Barchart: No Surprises In Teradyne’s (NASDAQ:TER) Q2 Sales Numbers But Quarterly Revenue Guidance Misses Expectations