Teradyne (TER) Revenue — Quarter Ended Jul 2, 2023
Revenue increased in the current quarter compared to the prior quarter. However, revenue declined relative to the same quarter one year earlier.
Key takeaway
Quarter ended Jul 2, 2023 · FY2023 Q2
Revenue increased in the current quarter compared to the prior quarter. However, revenue declined relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$684.4M
Revenue reported for this quarter.
Quarter-over-quarter
+10.8%
Change from the immediately preceding quarter.
Year-over-year
-18.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.9B
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 |
|---|---|---|
| Oct 2, 2022 | $827.1M | -13.0% |
| Dec 31, 2022 | $731.8M | -17.3% |
| Apr 2, 2023 | $617.5M | -18.2% |
| Jul 2, 2023 | $684.4M | -18.6% |
Revenue performance
The reported revenue direction is upward from the immediately preceding quarter, reversing the sequential declines seen earlier in the fiscal year.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rose; compared with the same quarter one year earlier, revenue fell. The trailing twelve-month revenue total reflects sustained lower levels versus prior-year periods.
What to watch
Monitor whether the sequential revenue improvement can be sustained in the coming quarters.