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Article: Teradyne Releases Third Quarter Results.
- Article from:
- PR Newswire
- Article date:
- October 13, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BOSTON, Oct. 13 /PRNewswire/ -- Teradyne, Inc. (NYSE: TER) reported sales of $335.2 million for the Third Quarter of 1998, compared with $336.7 million in the year-earlier quarter. Net income for the quarter, excluding a $23.0 million pretax provision for excess inventory, was $16.9 million ($0.20 per share). Orders for the Third Quarter of 1998 totaled $245 million.
Quarter Ended
September 27, 1998 September 28, 1997
(In thousands, except per share amounts)
Sales $ 335,227 $ 336,747
Net income1,275 39,197
Earnings ...
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