Teradyne (TER) Revenue — Quarter Ended Dec 31, 2023
Revenue declined in the current quarter compared with both the prior quarter and the same quarter a year earlier. The sequential decrease was smaller than the year-over-year drop.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue declined in the current quarter compared with both the prior quarter and the same quarter a year earlier. The sequential decrease was smaller than the year-over-year drop.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$670.6M
Revenue reported for this quarter.
Quarter-over-quarter
-4.7%
Change from the immediately preceding quarter.
Year-over-year
-8.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.7B
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 |
|---|---|---|
| Apr 2, 2023 | $617.5M | -18.2% |
| Jul 2, 2023 | $684.4M | -18.6% |
| Oct 1, 2023 | $703.7M | -14.9% |
| Dec 31, 2023 | $670.6M | -8.4% |
Revenue performance
The reported revenue moved lower, continuing a pattern of year-over-year declines seen throughout the fiscal year.
Quarterly comparison
Compared with the immediately preceding quarter, revenue fell by a single-digit percentage. Versus the same quarter one year earlier, the decline was larger, in the high single digits.
What to watch
Revenue has declined year over year for four consecutive quarters, with the most recent quarter showing a smaller sequential drop.