
U.S. stock market movement | Teradyne and Bloom Energy's after-hours stock prices soared over 21%, Joby Aviation rose nearly 10%

On October 29th (Wednesday), semiconductor test equipment manufacturer Teradyne's stock price soared over 21% after hours! The company reported better-than-expected third-quarter results and provided fourth-quarter guidance that significantly exceeded analysts' expectations, primarily driven by strong demand for artificial intelligence testing solutions. Specifically, the company reported an adjusted earnings per share of $0.85 for the third quarter, surpassing analysts' estimate of $0.79, while revenue reached $769 million, exceeding the consensus expectation of $744 million, a year-on-year increase of 4%. Semiconductor testing revenue was $606 million, driving this outstanding performance, with particularly strong demand for AI-related testing applications. Following the announcement, Teradyne's stock jumped over 20% as investors reacted enthusiastically to the company's fourth-quarter outlook, which significantly exceeded Wall Street expectations. The company expects fourth-quarter revenue to be between $920 million and $1 billion, well above the analysts' consensus estimate of $816 million. The fourth-quarter adjusted earnings per share guidance is $1.20 to $1.46, also exceeding the consensus estimate of $1.03. Joby Aviation rose nearly 10% after hours, following the announcement that the company was selected as the exclusive air mobility launch partner for NVIDIA's new IGX Thor platform. Specifically, Joby Aviation's autonomous flight technology Superpilot™ is being developed for military and civilian platforms
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

