Overview
- Q3 revenue reached $769.2 million with adjusted EPS of $0.85, topping analyst estimates.
- Q4 guidance calls for $920 million to $1.0 billion in revenue and adjusted EPS of $1.20 to $1.46, well above Wall Street forecasts.
- Management projects roughly 25% sequential and 27% year-over-year sales growth for the fourth quarter.
- The Semiconductor Test segment generated about $606 million in Q3, led by System-on-a-Chip testing for AI applications and strength in memory.
- Shares rose roughly 22% to 23% in after-hours and premarket trading, and Michelle Turner will become CFO on November 3 as Sanjay Mehta transitions to advisor ahead of a 2026 retirement.