inTEST Corp (INTT) Tops Q1 EPS by 1c

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inTEST First Quarter 2022 Revenue Up 23% Year-over-Year and Up 8% Sequentially, Demonstrating Solid Execution of 5-Point Strategy

May 6, 2022 7:00 AM EDT

Revenue increased to $24.1 million; GAAP earnings per diluted share of $0.05 and non-GAAP adjusted earnings per diluted share of $0.12 in line with guidance Orders of $25.1 million in first quarter 2022 with demand strengthening entering second quarter Record quarter-end backlog of $35.0 million Acquisition integrations on track; enhancing sales channels, growing customer base and improving systems and processes Maintaining full year outlook based on strong end market demand, despite supply chain constraints

MT. LAUREL, N.J.--(BUSINESS... More