Earnings ·
InTest Reports Q3 EPS of $0.15 on 34% Revenue Growth and Record Orders of $49.4 million
INTTIntest Corp
InTest Corporation reported third-quarter revenue of $35.1 million, a 34% increase year-over-year, driven by strong demand in the semiconductor sector. The company posted net earnings of $1.9 million, or $0.15 per diluted share, compared to a net loss of $0.9 million in the prior-year period. Adjusted EPS was $0.18, and adjusted EBITDA rose to $4.4 million from $0.4 million. Orders reached a record $49.4 million, up 31% year-over-year, led by back-end semiconductor testing equipment. Backlog increased 21% to $59.7 million. The company provided fourth-quarter revenue guidance of $34.0 million to $36.0 million with approximately 45% gross margin. InTest Corporation is a global supplier of innovative test and process technology solutions for manufacturing and testing in key target markets including semiconductor, auto/EV, defense/aerospace, industrial, life sciences, and safety/security.