Advantest Q4 Revenue Beats, Stock Slides 5.5%

Advantest reported Q4 revenue of ¥328.1 bn, up 20% QoQ and 14% above consensus.
Net income reached ¥126.8 bn, surpassing expectations by 38% and delivering a 46.7% operating margin.
Despite the beat, shares fell 5.5% as FY2027 guidance was seen as conservative near consensus.
SoC tester revenue rose 44% QoQ while memory tester fell 36%; Taiwan revenue surged 83% QoQ, South Korea down 39%, China down 13%.