inTEST Corp (INTT) Tops Q4 EPS by 4c

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Solid Execution of inTEST’s 5-Point Strategy Drove Record Fourth Quarter and Full Year 2022 Revenue

March 3, 2023 6:30 AM EST

Record fourth quarter revenue of $32.4 million increased 45% while record full year 2022 revenue of $116.8 million increased 38% versus the prior year Fourth quarter earnings per diluted share were $0.30 and full year 2022 earnings per diluted share were $0.78 Fourth quarter orders of $31.3 million increased 3% versus the prior-year period, while full year 2022 orders of $129.6 million increased 27% versus the prior year Strong demand in semiconductor, automotive including electric vehicles (EV), defense/aerospace, and life sciences resulted in record annual orders of $129.6 million Q1 2023 revenue expected to be in the range of $30 million to... More