An overall positive quarter with most companies reporting steady gains with only a few misses
With earnings season in full swing, a steady drumbeat of earnings announcements is coming in from test and measurement companies. While we have covered some in detail, here is a quick look at how some of the other players performed in Q3, 2025.
Anritsu: The telecom test equipment provider has had a mixed year so far. Operating profit rose an impressive 40% in the first half of 2025 through September, based on its consolidated H1 2025 financial results — indicating strong growth in operational efficiency and overall profitability. However, revenue dropped 3% from 2024, which analysts suspect was largely due to investment delays.
Amkor Technology: The semiconductor packaging and testing company delivered strong results surpassing analysts’ estimates. It reported a record revenue of $1.99 billion beating the market expectation of $1.94 billion, reflecting a 6.7% year on year growth. Anritsu attributes it to soaring demands in advanced packaging fueled by compute surge in data centers. However, next quarter’s revenue guidance was lower than analysts’ estimates by 1.2%.
Chroma Ate: The Taiwanese electronic test and measurement company also reported strong earning reaching NTD5.1 billion (approximately $165M) in the third-quarter 2025. Based on past earnings performance, the company’s revenue is growing steadily at an average annual rate of 17.7%, according to SimpleWallSt. In Q3, 2025, Chroma Ate reported a 14% increase in net sales, driven largely by its core testing equipment business which saw a double digit growth of 19% in the last quarter, and collectively grew 27% in the first three quarters of the year. However, gross margin dropped by 9%, while operating earning sunk 16%.
AMETEK Inc: AMETEK too had a good run in Q3. The company posted revenue of $1.89 billion in the third-quarter, reflecting an 11% increase from last year. Double-digit growth was recorded across sales, orders, and operating profit, with operating income reaching a record high of $496 million. Management has lifted its full-year earrings guidance, indicating confidence in steady performance. However, the broader macroeconomic climate, worsened by high tariffs, export limitations, and trade conflicts continue to hinder sales, reflecting in a modest organic sales growth of 4%.
Fortive: Fortive topped analyst expectations ($1.01 billion) with a revenue of $1.03 billion in the third-quarter, 2025. Full-year Adjusted EPS guidance was raised 3.9% to $2.65. “Our team delivered results ahead of our expectations across all key financial metrics, including core revenue growth, adjusted EBITDA growth, and adjusted EPS growth, reflecting the strength of our operating brands and the power of the Fortive Business System,” said CEO Olumide Soroye. Certain cost reductions were made in Q3, which CFO, Mark D. Okerstorm said, were reinvested in growth initiatives for the next quarter.
Emerson: Emerson on the other hand reported a lower-than-expected revenue for Q4. Quarterly net sales rose to $4.85 billion — a 5% increase from 2024 — but narrowly missed analysts’ estimate of $4.9 billion. While the company remains focused on the automation market, choppy market demand and competitive dynamics in many regions are limiting broader traction.