Teradyne Inc., a leading supplier of automation equipment for test and industrial applications, saw its stock price tumble 5.54% in after-hours trading on Wednesday.
The plunge came after the company provided its guidance for the first quarter of 2025. Teradyne expects non-GAAP earnings per share to be in the range of 58 cents to 68 cents, falling short of analysts' consensus estimate of 62 cents.
Additionally, the company forecasted revenue for the upcoming quarter to be between $660 million and $700 million, whereas analysts were anticipating revenue of $692.73 million.
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