Teradyne Inc. Q1 Earnings Advance 71%

(RTTNews) - Teradyne Inc. (TER) released a profit for its first quarter that increased compared to the same period last year.

The company said its bottom line totaled $64.4 million, or $0.31 per share. This was higher than $37.6 million, or $0.17 per share, in last year's first quarter.

Analysts had expected the company to earn $0.27 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 25.9% to $431.0 million. This was up from $342.4 million last year.

Teradyne Inc. earnings at a glance:

-Earnings (Q1): $64.4 Mln. vs. $37.6 Mln. last year. -Earnings Growth (Y-o-Y): 71.3% -EPS (Q1): $0.31 vs. $0.17 last year. -EPS Growth (Y-o-Y): 82.4% -Analysts Estimate: $0.27 -Revenue (Q1): $431.0 Mln vs. $342.4 Mln last year. -Revenue Change (Y-o-Y): 25.9%

-Guidance: Next quarter EPS guidance: $0.46 - $0.53 Next quarter revenue guidance: $510 - $540 Mln