India, Jan. 30 -- Shares of Teradyne, Inc. (TER) slipped over 12% on Thursday morning hurt largely by its outlook for the first quarter.
TER is currently trading at $106.96, down $15.09 or 12.36%, on the Nasdaq. The stock opened its trading at $102.30 after closing Wednesday at $122.05. The stock has traded between $93.37 and $163.21 in the past 52-week period.
For the first quarter of 2025, the company expects revenues of $660 million to $700 million, with net income of $0.48 to $0.59 per share and adjusted income of $0.58 to $0.68 per share.
Analysts currently estimate earnings of $0.62 per share and revenues of $692.73 million for the quarter.
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