Teradyne rose more than 8% before the market opened, and its Q2 performance guidance exceeded expectations.

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Gelonghui April 25 | Semiconductor equipment manufacturer Teradyne (TER.US) rose 8.58% before the market opened, reporting at $109.34.
According to the news, the company’s net income for the quarter ended March 31 was US$0.33, down from US$617.5 million in the same period last year to US$599.8 million.
The company expects second-quarter non-GAAP earnings per share of $0.64 to $0.84 on revenue of $665 million to $725 million.
It was higher than market expectations of earnings per share of US$0.60 and revenue of US$644.8 million.

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