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InTest Q4 Adjusted Earnings, Revenue Decline
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InTest Q4 Adjusted Earnings, Revenue Decline
Mar 27, 2024 2:55 PM

05:32 PM EDT, 03/27/2024 (MT Newswires) -- InTest ( INTT ) reported Q4 adjusted earnings late Wednesday of $0.16 per diluted share, down from $0.34 a year earlier.

Two analysts surveyed by Capital IQ expected $0.14.

Revenue for the quarter ended Dec. 31 was $27.9 million, down from $32.4 million a year earlier.

One analyst surveyed by Capital IQ expected $28.4 million.

The company said it expects Q1 adjusted EPS of about $0.10. One analyst surveyed by Capital IQ expects $0.10. The company expects revenue for the quarter of about $29 million. One analyst surveyed by Capital IQ expects $29 million.

inTest expects full-year 2024 revenue of $145 million to $155 million. Two analysts surveyed by Capital IQ expect $149.3 million.

Price: 11.62, Change: +0.25, Percent Change: +2.2

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