US Stock Market Move | Q4 performance guidance strong, Teradyne, Inc. (TER.US) soars over 16%

On Wednesday, Teradyne, Inc. (TER.US) surged over 16% to hit a historical high of $167.28. In terms of news, the company announced better-than-expected third-quarter performance with revenue of $769.2 million, exceeding analysts' consensus expectation of $743.776 million; non-GAAP earnings per share of $0.85 also surpassed the forecast of $0.79. Additionally, the company issued strong fourth-quarter guidance, expecting revenue to be between $920 million and $1 billion, representing a 25% increase quarter-over-quarter and a 27% increase year-over-year, well above analysts' expectations.