Advantest (TYO:6857) posted a 93.8% year-over-year increase in net income attributable to owners of the parent to 174.78 billion yen for the first quarter ended June 30 from 90.18 billion yen.
The automatic test equipment manufacturer's basic earnings per share rose to 241.27 yen from 123.14 yen a year ago, according to a Tokyo bourse filing on Wednesday.
Net sales jumped 39.3% to 367.47 billion yen from 263.78 billion yen in the year-ago period.
In another filing the company increased its forecasts for the fiscal year ending March 31, 2027, with an attributable income of 660 billion yen, EPS of 911.64 yen, and net sales of 1.714 trillion yen.