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inTEST (INTT) - 2024 Q2 - Quarterly Results
INTTinTEST (INTT)2024-08-02 10:45

Exhibit 99.1 NEWS RELEASE 804 East Gate Drive, Suite 200, Mount Laurel, NJ 08054 for immediate release inTEST Reports 4% Revenue Growth for Second Quarter 2024 ● Revenue increased 4% year-over-year and 14% sequentially to a record 34.0millionduetotheacquisitionofAlfamationMarketdiversificationstrategyhelpedtoofsetcontinuedweaknessinsemiconductorindustryOrders1improved1534.0 million due to the acquisition of Alfamation ● Market diversification strategy helped to of set continued weakness in semiconductor industry ● Orders1 improved 15% sequentially to 26.2 million; excluding Alfamation, orders improved 10% sequentially ● Earnings per diluted sh ...