inTEST (INTT) - 2024 Q3 - Quarterly Results

Exhibit 99.1 NEWS RELEASE 804 East Gate Drive, Suite 200, Mount Laurel, NJ 08054 FOR IMMEDIATE RELEASE inTEST Achieves 46.3% Gross Margin for Third Quarter 2024 ● Gross margin expanded 570 basis points compared with the second quarter 2024 on $3.7 million less revenue; third quarter revenue was$30.3 million ● Operating income increased sequentially by $0.2 million and operating margin expanded 60 basis points on improved mix, cost actions and operational execution ● Orders1 grew 5% year-over-year and 7% se ...