inTEST to Restate Third Quarter and First Nine Months 2023 Financial Statements
inTest Corporation (INTT)
Last intest corporation earnings: 2/28 07:00 am
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US:NASDAQ Investor Relations:
ir.intest.com/investor-relations
Company Research
Source: Business Wire
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/aerospace, industrial, life sciences, security, and semiconductor (“semi”), announced today that it plans to restate its previously issued consolidated financial statements for the third quarter and nine months ended September 30, 2023. The restatement pertains to deferral of revenue related to purchases on behalf of certain customers associated with “last time buys” of discontinued material/components for potential future orders.Preliminary indications are that the third quarter 2023 restatement is expected to result in a decrease in revenue of approximately $1.7 million and an increase in deferred revenue on the balance sheet by the same amount. After also deferring associated costs and the tax effect, net income is expected to be approxima
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News
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- inTEST Reports $29.8 Million in Revenue for First Quarter 2024Business Wire
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- inTEST Corporation Launches Leading-Edge Benchtop Temperature Test SystemBusiness Wire
- inTEST Schedules First Quarter 2024 Financial Results Conference Call and WebcastBusiness Wire
INTT
Earnings
- 5/6/24 - Beat
INTT
Sec Filings
- 5/6/24 - Form 8-K
- 5/3/24 - Form 8-K
- 4/26/24 - Form ARS
- INTT's page on the SEC website