Robotics Stock news
Teradyne, Inc. (NASDAQ: TER) reported its financial results for the third quarter of 2026 on October 27, 2026, beating the high end of its guidance driven by robust AI demand and a return to profitability in its robotics segment.
Financial & Segment Highlights:
- Robotics Profitability: Teradyne's Robotics division achieved its highest third--quarter revenue to date at $96 million, returning to positive profitability.
- Consolidated Outperformance: Total revenue surged 69.8% year--over--year to $1.306 billion, up from $769 million in Q3 2025. Non--GAAP net income stood at $359.9 million, or $2.29 per diluted share, comfortably beating consensus expectations of $2.08 to $2.09 per share.
- Forward Guidance: Management initiated fourth--quarter 2026 guidance, targeting revenue between $1.250 billion and $1.350 billion and non--GAAP EPS of $1.95 to $2.25. Management will host a conference call on October 28, 2026, at 8:30 a.m. ET to discuss the operational performance and segment trajectory.