Teradyne (TER) Revenue — Quarter Ended Mar 31, 2024
Revenue declined in the current quarter compared with both the prior quarter and the same quarter a year earlier. The trend data shows that revenue has contracted sequentially over the past several quarters.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue declined in the current quarter compared with both the prior quarter and the same quarter a year earlier. The trend data shows that revenue has contracted sequentially over the past several quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$599.8M
Revenue reported for this quarter.
Quarter-over-quarter
-10.6%
Change from the immediately preceding quarter.
Year-over-year
-2.9%
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 |
|---|---|---|
| Jul 2, 2023 | $684.4M | -18.6% |
| Oct 1, 2023 | $703.7M | -14.9% |
| Dec 31, 2023 | $670.6M | -8.4% |
| Mar 31, 2024 | $599.8M | -2.9% |
Revenue performance
The reported revenue moved lower, continuing the downward trajectory seen in the preceding quarters.
Quarterly comparison
Compared with the immediately preceding quarter, revenue decreased, and it also fell relative to the same quarter one year earlier.
What to watch
The persistent sequential revenue decline may warrant attention to demand trends in the company's end markets.