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Stock impact report

inTEST Achieves 46.3% Gross Margin for Third Quarter 2024

inTest Corporation (INTT) 
Last intest corporation earnings: 2/28 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.intest.com/investor-relations
Company Research Source: Business Wire
Gross margin expanded 570 basis points compared with the second quarter 2024 on$3.7 million less revenue; third quarter revenue was $30.3 millionOperating income increased sequentially by $0.2 million and operating margin expanded60 basis points on improved mix, cost actions and operational executionOrders1 grew 5% year-over-year and 7% sequentially to $28.1 million; Alfamation orders improved 21% sequentiallyEarnings per diluted share was $0.04 while adjusted earnings per diluted share2 was $0.10Generated $4.2 million in cash from operations in the quarter; paid down $5.3 million in debt and repurchased $1 million in shares MT. LAUREL, N.J.--(BUSINESS WIRE)--inTEST Corporation (NYSE American: INTT), a global supplier of innovative test and process technology solutions for use in manufacturing and testing in key target markets which include automotive/EV, defense/aerospace, industrial, life sciences, security, and semiconductor (“semi”), today announced financial results for the qu Show less Read more
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