Byline: Eileen Kennedy
Jun. 21--NASHUA, N.H.--The bad news is that Teradyne Inc. expects to lose money for the first time in 10 years, and expects to lay off another 180 workers. The good news is none of those layoffs are expected to be at the company's Nashua and Hudson faclities.
The company announced Tuesday, after trading ended for the day, that it was lowering its estimates for sales and earnings for the second quarter of this year.
"Our previous guidance for the second quarter was for sales of between $425 to $450 million and we hoped to break even at that volume," said George Chamillard, chief executive officer and chairman of Teradyne. …