Teradyne is trading at $283.00, down 4.47% in after-hours trading, as Intel’s weaker-than-expected forecast after the close pressured semiconductor stocks.
- On October 29, Teradyne fell 5.43% in regular trading following its October 28 earnings report.
- The quarter beat expectations, but fourth-quarter revenue guidance of $1.25–$1.35 billion brackets Q3 revenue.
- Expected gross margins also ease to 57.5%–58.5%.