Teradyne (NYSE:TER) is a leading supplier of automation equipment for test and industrial applications. Teradyne Automatic Test Equipment (ATE) is used to test semiconductors, wireless products, data storage and complex electronic systems, which serve consumer, communications, industrial and government customers. Our industrial automation products include collaborative robots used by global manufacturing and light industrial customers to improve quality and increase manufacturing efficiency. In 2015, Teradyne had revenue of $1.64 billion and currently employs approximately 4,100 people worldwide.
The Semiconductor Test Division is the world's largest supplier of semiconductor test equipment for logic, RF, analog, power, mixed-signal and memory technologies. The System Test Group is a global leader in electronics testing solutions serving the world's leading original equipment manufacturers, electronics manufacturing services suppliers, and hard disk drive makers. The Wireless Test segment, LitePoint, is focused on reducing the time to market and cost of system level test for wireless products operating on WiFi, Bluetooth, GPS, and cellular phone networks.
Our collaborative robots business, headed up by Universal Robots, provides low-cost, easy-to-deploy and simple-to-program robots that work side by side with production workers to improve quality and increase manufacturing efficiency.
Teradyne was founded in 1960 and is headquartered in North Reading, US
Teradyne Office Locations
Teradyne has an office in North Reading
North Reading, US (HQ)
600 Riverpark Dr
Teradyne Data and Metrics
Teradyne Financial Metrics
Teradyne's revenue was reported to be $1.8 b in FY, 2016 which is a 7% increase from the previous period.
USD
Revenue (FY, 2016) | 1.8 b |
Revenue growth (FY, 2015 - FY, 2016), % | 7% |
Gross profit (FY, 2016) | 1.7 b |
Gross profit margin (FY, 2016), % | 98% |
Net income (FY, 2016) | (43.4 m) |
EBIT (FY, 2016) | 59.2 m |
Market capitalization (23-Jun-2017) | 6.5 b |
Closing share price (23-Jun-2017) | 32 |
Cash (31-Dec-2016) | 307.9 m |
Teradyne's current market capitalization is $6.5 b.
- Source: SEC Filings
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 1.4 b | 1.6 b | 1.6 b | 1.8 b |
Revenue growth, % | 15% | (1%) | 7% | |
Cost of goods sold | 120.1 m | 31.7 m | 32.1 m | 33.5 m |
Gross profit | 1.3 b | 1.6 b | 1.6 b | 1.7 b |
Gross profit Margin, % | 92% | 98% | 98% | 98% |
Operating expense total | 618.1 m | 782.4 m | 672.7 m | 159.8 m |
EBIT | 190.7 m | 96.4 m | 243 m | 59.2 m |
EBIT margin, % | 13% | 6% | 15% | 3% |
Interest income | 4.1 m | 2 m | 2 m | 3.1 m |
Pre tax profit | 201.9 m | (124.8 m) | (8.9 m) | 58.9 m |
Net Income | 164.9 m | 81.3 m | 206.5 m | (43.4 m) |
- Source: SEC Filings
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 341.6 m | 294.3 m | 264.7 m | 307.9 m |
Accounts Receivable | 157.6 m | 151 m | 211.3 m | 192.4 m |
Current Assets | 1.4 b | 1.2 b | 1.3 b | 1.6 b |
PP&E | 275.2 m | 329 m | 273.4 m | 253.8 m |
Goodwill | 361.8 m | 273.4 m | 488.4 m | 223.3 m |
Total Assets | 2.6 b | 2.5 b | 2.5 b | 2.8 b |
Accounts Payable | 62.9 m | 47.8 m | 92.4 m | 95.4 m |
Current Liabilities | 475.6 m | 292.4 m | 372.9 m | 372.7 m |
Additional Paid-in Capital | 1.4 b | 1.4 b | 1.5 b | 1.6 b |
Retained Earnings | 566.2 m | 610.1 m | 467.8 m | 230.3 m |
Total Equity | 2 b | 2.1 b | 2 b | 1.8 b |
Financial Leverage | 1.3 x | 1.2 x | 1.3 x | 1.5 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 164.9 m | 81.3 m | 206.5 m | (43.4 m) |
Depreciation and Amortization | 57.3 m | 73.4 m | 68.2 m | 64.8 m |
Accounts Receivable | (3.7 m) | 8.1 m | (57 m) | 18.3 m |
Inventories | 21.2 m | 51.2 m | 15.6 m | 34.3 m |
Cash From Operating Activities | 267.3 m | 492.1 m | 412.8 m | 445.8 m |
Purchases of PP&E | (106.7 m) | (169 m) | (89.9 m) | (85.3 m) |
Cash From Investing Activities | (281.8 m) | (332.9 m) | (113.7 m) | (640.5 m) |
Long-term Borrowings | (2.5 m) | (191 m) | (191 m) | (191 m) |
Dividends Paid | (37.4 m) | (50.7 m) | (48.6 m) | |
Cash From Financing Activities | 17.3 m | (206.6 m) | (328.7 m) | 237.8 m |
Interest Paid | 8.6 m | 4.3 m | 301 k | 446 k |
Income Taxes Paid | 38.2 m | 25.9 m | (5.2 m) | 18.4 m |
| Y, 2016 | |
|---|---|
Financial Leverage | 1.5 x |
Teradyne Operating Metrics
Teradyne's Locations was reported to be 70 in FY, 2016
- Source: Company Filings
Teradyne Market Value History
Teradyne Revenue Breakdown
Teradyne Median Salaries
Source: 54 public H-1B filings from Teradyne
