inTEST Reports 2020 Fourth Quarter & Year-End Financial Results
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inTEST Corp (INTT) Tops Q4 EPS by 2c, Revenues Beat; Offers 1Q EPS/Revenue Guidance Above Consensus
March 5, 2021 6:03 AM ESTinTEST Corp (NYSE: INTT) reported Q4 EPS of ($0.01), $0.02 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $14.9 million versus the consensus estimate of $14.3 million.
Demand for our innovative test and process technology solutions is strong and we ended the year with good momentum, noted Mr. Grant. Fourth quarter bookings increased 22% sequentially and 58% year-over-year, while net revenues increased 3% sequentially and 9% year-over-year and were at the high end of our guidance. Backlog increased by $5.9 million compared to the end of 2019 and we... More
