Teradyne, Inc. (TER) Q2 2026 Earnings Call

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WEBVTT 00:00:01.792 -- 00:00:06.814 Ladies and gentlemen, good morning and welcome to the Teradyne second quarter 2026 earnings 00:00:06.814 -- 00:00:11.917 conference call. At this time, all participants are in a listen-only mode. 00:00:11.917 -- 00:00:16.019 A question and answer session will follow the prepared remarks. 00:00:16.019 -- 00:00:21.181 At that time, if you wish to ask a question, please press star 1 on your telephone keypad. 00:00:21.181 -- 00:00:24.623 As a reminder, today's call is being recorded. 00:00:24.623 -- 00:00:29.025 I would now like to turn the call over to Amy McAndrews, VP of Corporate Relations for 00:00:29.025 -- 00:00:32.606 Teradyne. Please go ahead. 00:00:32.724 -- 00:00:36.666 Thank you, Operator. Good morning, everyone, and welcome to our discussion of Teradyne's 00:00:36.666 -- 00:00:41.608 most recent financial results. I'm joined this morning by our CEO, Greg Smith, and our 00:00:41.608 -- 00:00:47.071 CFO, Michelle Turner. Following our opening remarks, we'll provide details of our performance 00:00:47.071 -- 00:00:49.612 for the second quarter of 2026 00:00:49.612 -- 00:00:53.954 and our outlook for the third quarter. The press release containing our second quarter 00:00:53.954 -- 00:00:59.197 results was issued last evening. We are providing slides as well as a copy of these prepared 00:00:59.197 -- 00:01:04.780 remarks on the Teradyne Investor website, that may be helpful in following the discussion. 00:01:04.780 -- 00:01:10.463 Replays of this call will be available via the same page after the call ends. 00:01:10.685 -- 00:01:14.087 The matters that we discuss today will include forward-looking statements that involve 00:01:14.087 -- 00:01:18.071 risks that could cause Teradyne's results to differ materially from managemen...