Reported about 12 hours ago
Teradyne has projected fourth-quarter revenue surpassing Wall Street forecasts due to strong demand for its chip-testing equipment and has appointed Michelle Turner as the new CFO, effective November 3. The company's shares rose over 21% after it also reported third-quarter earnings that exceeded expectations. The anticipated fourth-quarter revenue is between $920 million and $1 billion, significantly higher than analysts' predictions.
Source: YAHOO