Semiconductor testing company Teradyne (NASDAQ:TER) is set to announce earnings results after market hours. Last quarter, Teradyne beat revenue expectations by 3.3%, reporting revenues of $769.2 million, up 4.3% year on year. Analysts expect revenue to grow 29.6% to $975.6 million this quarter, with adjusted earnings at $1.36 per share. Teradyne has generally met or exceeded Wall Street’s revenue estimates and is up 16.8% in the last month. Peers like Lam Research and KLA Corporation have also reported positive results. Investors are optimistic about the semiconductor sector, with share prices up 12.1% on average in the last month.

Read more at Barchart: What To Expect From Teradyne’s (TER) Q4 Earnings