inTest Reports Mixed Q4 Results and Shares Future Outlook

Thursday, 28 March 2024, 05:07

inTest reported mixed Q4 results, with Non-GAAP EPS beating expectations by $0.02 at $0.16. However, revenue fell short at $27.88M, missing by $0.52M compared to the previous year. On a positive note, fourth quarter orders showed a 2% improvement over the previous quarter, indicating potential growth opportunities.
LivaRava Finance Meta Image
inTest Reports Mixed Q4 Results and Shares Future Outlook

inTest Reports Mixed Q4 Results

inTest recently released its Q4 financial results, with a mixed performance. The Non-GAAP EPS beat expectations by $0.02 at $0.16, showcasing strength in profitability. However, the revenue of $27.88M marked a -14.0% decrease year-over-year, missing by $0.52M.

Improving Fourth Quarter Orders

The company saw a positive trend in fourth quarter orders, which improved by 2% compared to the previous quarter. This growth indicates potential opportunities for inTest to enhance its market position and revenue in the upcoming quarters.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe