InTest Corp Q4 Profit Beats Estimates

InTest Corp (INTT) reported earnings for fourth quarter that beat the Street estimates.

The company's bottom line came in at $1.50 million, or $0.12 per share. This compares with $1.46 million, or $0.12 per share, last year.

Excluding items, InTest Corp reported adjusted earnings of $2.78 million or $0.23 per share for the period.

Analysts on average had expected the company to earn $0.14 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 31.3% to $36.60 million from $27.88 million last year.

InTest Corp earnings at a glance (GAAP) :

-Earnings: $1.50 Mln. vs. $1.46 Mln. last year.
-EPS: $0.12 vs. $0.12 last year.
-Revenue: $36.60 Mln vs. $27.88 Mln last year.

-Guidance:
Next quarter revenue guidance: $27 - $29 Mln

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com