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0 0 0.016692573402418 0.00518134715025911 0.00518134715025911 -0.0414507772020726 -0.0259067357512952 -0.0414507772020726
Stock impact report

inTEST Reports $29.8 Million in Revenue for First Quarter 2024

inTest Corporation (INTT) 
Last intest corporation earnings: 2/28 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.intest.com/investor-relations
Company Research Source: Business Wire
Sequentially first quarter revenue increased 7%, or $1.9 million, including $1.4 million in revenue from the Alfamation acquisitionCompared with the prior-year period, overall sales declined while the acquisition and growth from diversified markets, specifically industrial and defense/aerospace, helped to offset the weakness in semiconductor salesEarnings per diluted share was $0.05 while adjusted earnings per diluted share1 was $0.10Generated $2.1 million in cash from operations in the quarter; cash at March 31, 2024 was $27.3 million and reflects the $19 million in cash used for the Alfamation acquisitionAdjusting full year revenue expectation to $140 million to $150 million which represents 18% growth over 2023 at the mid-point of the range MT. LAUREL, N.J.--(BUSINESS WIRE)--inTEST Corporation (NYSE American: INTT), a global supplier of innovative test and process technology solutions for use in manufacturing and testing in key target markets which include automotive/EV, defense Show less Read more
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