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Article: Teradyne Announces First Quarter Results.

Article from:
Business Wire
Article date:
April 16, 2002
Copyright

Business/Technology Editors

BOSTON--(BUSINESS WIRE)--April 16, 2002

Teradyne, Inc. (NYSE: TER) reported sales of $248 million for the first quarter of 2002, and a net loss of $73.4 million, or $0.40 per share, excluding special charges. Including special charges, the net loss was $77.1 million, or $0.42 per share. Gross bookings for the quarter were $238 million, and net bookings after cancellations totaled $210 million.

"Things are clearly better than they were three months ago," said Teradyne chairman and CEO George Chamillard. "Four of our five businesses had higher sales and higher net bookings in the first quarter of 2002 than in the ... 







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