Teradyne, Inc. (TER) CEO Mark Jagiela on Q1 2022 Results - Earnings Call Transcript
Teradyne, Inc. (NASDAQ:TER) Q1 2022 Earnings Conference Call April 27, 2022 8:30 AM ET
Company Participants
Andrew Blanchard - VP, Corporate Relations
Mark Jagiela - President, CEO & Director
Sanjay Mehta - CFO, VP & Treasurer
Conference Call Participants
Christopher Muse - Evercore ISI
Mehdi Hosseini - Susquehanna Financial Group
Timothy Arcuri - UBS
Brian Chin - Stifel, Nicolaus & Company
Atif Malik - Citigroup
Vivek Arya - Bank of America Merrill Lynch
Krish Sankar - Cowen and Company
Toshiya Hari - Goldman Sachs Group
Joseph Moore - Morgan Stanley
Sidney Ho - Deutsche Bank
Operator
Good day, and thank you for standing by. Welcome to the Q1 2022 Teradyne, Inc. Earnings Conference Call. [Operator Instructions]. I would now like to hand the conference over to your speaker today, Mr. Andy Blanchard. Mr. Blanchard, the floor is yours.
Andrew Blanchard
Thank you, Chris. 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 2022's first quarter, along with our outlook for the second quarter of 2022.
The press release containing our first quarter results was issued last evening. We're providing slides on the investor page of the website that may be helpful to you in following the discussion. Replay of this call will be available via the same page after the call ends.
The matters that we discuss today will include forward-looking statements that involve risk factors that could cause Teradyne's results to differ materially from management's current expectations. We encourage you to review the safe harbor statement contained in our earnings release as well as our most recent SEC filings. Additionally, those forward-looking statements are made as of today, and we take no obligation to update them as a result of developments occurring after this call.
During today's call, we'll make reference to non-GAAP financial measures. We've posted additional information concerning those non-GAAP financial measures, including reconciliation to the most directly comparable GAAP financial measure were available on the Investor page of the website.
Looking ahead, between now and our next earnings call, Teradyne expects to participate in technology or industrial-focused investor conferences hosted by Cowen, Luke Capital, Bank of America, Stifel and Bernstein.
Now let's get on with the rest of the agenda. First, Mark will comment on our recent results and the market conditions as we enter the new quarter. Sanjay will then offer more details on our quarterly results, along with our guidance for the second quarter. We'll then answer your questions, and this call is scheduled for 1 hour. Mark?