inTEST Reports 2020 Third Quarter Financial Results

  • Third Quarter Net Revenues Grew 9% Sequentially;
  • Bookings Increased 4% Sequentially

MT. LAUREL, N.J., Nov. 10, 2020 (GLOBE NEWSWIRE) -- inTEST Corporation (NYSE American: INTT), a global supplier of precision-engineered solutions for use in manufacturing and testing across a wide range of markets, including automotive, defense/aerospace, energy, industrial, semiconductor and telecommunications, today announced financial results for the quarter ended September 30, 2020.

20 20 Third Quarter Financial Summary

($ in Millions , Except Per Share Data ) Three Months Ended
  9 /3 0 /20 20 6 /3 0 /20 20 9 /3 0 /201 9
Semi Market Bookings (1)$7.2 $7.3 $6.6 
Multimarket Bookings (2) 7.2  6.6  7.3 
Total Bookings$14.4 $13.9 $13.9 
    
Semi Market Bookings (1) - % of Total Bookings            50% 52%            48%
Multimarket Bookings (2) - % of Total Bookings 50% 48%            52%
    
Semi Market Net Revenues (1)$7.4  $ 6.9   $ 7.1  
Multimarket Net Revenues (2)   7.0     6.4                  7.5  
Total Net Revenues $ 14.4   $ 13.3   $ 14.6  
       
Semi Market Net Revenues (1) - % of Total Net Revenues              51 %   52 %              49 %
Multimarket Net Revenues (2) - % of Total Net Revenues              49 %   48 %              51 %
       
Gross Margin $ 6.5   $ 6.1   $ 7.2  
Gross Margin              45 %   46 %              49 %
       
Net Earnings (GAAP) $ 0.5   $ 0.2   $         0.6  
Net Earnings per diluted share (GAAP) $ 0.04   $ 0.02   $    0.06  
       
Adjusted Net Earnings (Non-GAAP) (3) $ 0.8   $ 0.5   $ 1.0  
Adjusted Net Earnings per diluted share (Non-GAAP) (3) $ 0.07   $ 0.05   $ 0.09  
       
EBITDA (Non-GAAP) (3) $ 0.9   $ 0.7   $ 1.3  
       
  As of
  9/30/20 20 6 /3 0 /20 20 12 /3 1 /201 9
Cash and cash equivalents $ 9.5   $ 7.4   $ 7.6  

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »



Review Article Be the first to review this article


Featured Video
Editorial
Roberto FrazzoliEDACafe Editorial
by Roberto Frazzoli
Intel’s new CEO: comments from media and analysts
More Editorial  
Latest Blog Posts
2021 EDACafe PredictionsEDACafe Editorial
by 2021 EDACafe Predictions
PRFI Predictions for 2021
Jobs
Pre-silicon Design Verification Engineer for Intel at Santa Clara, California
Senior Analog IC Design Engineer for Marvell Semiconductor at Santa Clara, California
Product Line Manager for EDA Careers at Multiple, North Carolina
Physical Design Engineer for Cirrus Logic, Inc. at Austin, Texas
Staff SerDes Applications Design Engineer for Xilinx at San Jose, California
ASIC Engineer for Amazon at seattle, Washington
Upcoming Events
Si2 AI/ML Winter Workshop at United States - Jan 29, 2021
virtual DATE 2021 at France - Feb 1 - 5, 2021
SEMI Technology Unites Global Summit at United States - Feb 15 - 19, 2021
DVCon U.S. 2021 at Virtual - Mar 1 - 4, 2021
TrueCircuits:



© 2021 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise