Operator
Good morning, ladies and gentlemen, and welcome to the Q2 2021 Teradyne Earnings Conference Call. [Operator Instructions]
I would now like to turn the conference over to your host, Mr. Andy Blanchard.
Andrew Blanchard
Vice President Corporate Relations
Thank you, Phyllis. Good morning, everyone, and welcome to our discussion of Teradyne s most recent financial results. I m joined this morning by our CEO, Mark Jagiela; and our CFO, Sanjay Mehta. Following our opening remarks, we ll provide details of our performance for 2021 s second quarter along with our outlook for the third quarter of 2021. The press release containing our second quarter results was issued last evening. We re providing slides on the Investor page of the website that may be helpful to you when following the discussion. Replays of this call will be available via the same page after the call ends. Matters that we discuss today will include forward-looking statements that involve risk factors that cou
Teradyne Reports Second Quarter 2021 Results
July 27, 2021 17:02 ET | Source: Teradyne, Inc. Teradyne, Inc. North Reading, Massachusetts, UNITED STATES
Revenue of $1,086 million in Q2’21 grew 29% from Q2’20 and 92% from Q2’19
GAAP Gross Margin 59.6% in Q2’21, up from 56.2% in Q2’20 and 57.4% in Q2’19
Q2’21 GAAP earnings per share grew 68% from Q2’20 and 220% from Q2’19
Q2’21 non-GAAP earnings per share grew 44% from Q2’20 and 189% from Q2’19
Test revenue grew 27% from Q2’20 and 103% from Q2’19 on Semiconductor Test strength
Industrial Automation revenue grew 57% from Q2’20 and 23% from Q2’19 on global demand growth at Universal Robots
Q3’21 Revenue guidance at mid-point represents 12% growth from Q3’20 and 58% from Q3’19