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Teradyne Reports Second Quarter 2021 Results


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 ....

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Treasury Sanctions Senior Officials and Family Members Connected to Burma's Military


July 2, 2021
WASHINGTON Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated 22 individuals connected to Burma’s military regime.
Among the individuals sanctioned today are seven key members of Burma’s military, which continues to repress the pro-democracy movement in the country and use lethal force against the people of Burma, including children and members of ethnic minority groups.  The other 15 individuals are the spouses or adult children of previously designated senior Burmese military officials whose financial networks have contributed to military officials’ ill-gotten gains.  OFAC designated all these individuals pursuant to Executive Order (E.O.) 14014, “Blocking Property with Respect to the Situation in Burma.”  These sanctions are not directed at the people of Burma. ....

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