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Article: Teradyne Announces Third Quarter Results.
- Article from:
- Business Wire
- Article date:
- October 16, 2001
CopyrightCOPYRIGHT 2001 Business Wire. 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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Business/Technology Editors
BOSTON--(BUSINESS WIRE)--Oct. 16, 2001
Teradyne, Inc. (NYSE: TER) reported sales of $249 million and a net loss, before special items, of $ 53.8 million ($ 0.31 per share) for the Third Quarter of 2001. Special charges for the quarter amounted to $49.6 million, after tax, or an additional loss of $0.28 per share. This resulted in an overall net loss of $103 million, or $0.59 per share. Gross bookings for the quarter were $212 million, with $82 million in cancellations for Connection Systems and $16 million in cancellations for semiconductor test, for a net order level of $114 million.
George Chamillard, Teradyne's ...