Teradyne (TER) Revenue — Quarter Ended Sep 29, 2024
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The sequential growth was modest, while the year-over-year gain was more pronounced.
Key takeaway
Quarter ended Sep 29, 2024 · FY2024 Q3
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The sequential growth was modest, while the year-over-year gain was more pronounced.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$737.3M
Revenue reported for this quarter.
Quarter-over-quarter
+1.0%
Change from the immediately preceding quarter.
Year-over-year
+4.8%
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 |
|---|---|---|
| Dec 31, 2023 | $670.6M | -8.4% |
| Mar 31, 2024 | $599.8M | -2.9% |
| Jun 30, 2024 | $729.9M | +6.6% |
| Sep 29, 2024 | $737.3M | +4.8% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, continuing an upward trajectory after a decline earlier in the fiscal year.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was higher, reflecting a stronger performance than the prior year period. The sequential increase was smaller than the year-over-year improvement.
What to watch
The filing context notes that accounts receivable increased due to higher sales in the quarter, which may warrant monitoring for collection trends.