Teradyne (TER) Revenue — Quarter Ended Apr 2, 2023
Revenue declined in the quarter. The decrease continues a multi-quarter downward trend.
Key takeaway
Quarter ended Apr 2, 2023 · FY2023 Q1
Revenue declined in the quarter. The decrease continues a multi-quarter downward trend.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$617.5M
Revenue reported for this quarter.
Quarter-over-quarter
-15.6%
Change from the immediately preceding quarter.
Year-over-year
-18.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jul 3, 2022 | $840.8M | -22.6% |
| Oct 2, 2022 | $827.1M | -13.0% |
| Dec 31, 2022 | $731.8M | -17.3% |
| Apr 2, 2023 | $617.5M | -18.2% |
Revenue performance
Revenue was lower than the immediately preceding quarter and also lower than the same quarter one year earlier.
Quarterly comparison
Revenue has decreased in each of the last four quarters, with the current quarter representing the lowest level in that period.
What to watch
The company's cash and marketable securities balance decreased during the quarter, a trend to monitor alongside operating cash flow generation.