NYSE$INTT
inTEST Corporation · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
inTEST reported a decrease in revenue due to lower sales in the semi market, offset by growth in industrial, auto/EV, and defense/aerospace markets. Net earnings were $1.5 million, or $0.12 per diluted share.
inTEST Corporation reported its Q4 2023 financial results, with revenue down primarily due to lower sales to the semi market, which was partially offset by increases in the industrial, auto/EV, and defense/aerospace markets. The company generated $4.7 million in cash from operations during the quarter. Fourth quarter orders improved 2% over the prior quarter driven by defense/aerospace and industrial markets.
- Fourth quarter orders improved 2% over the prior quarter driven by defense/aerospace and industrial markets.
- Full year revenue was a record $123.3 million, up 6% over the prior year.
- The company generated $4.7 million in cash from operations in the fourth quarter and $16.2 million in 2023.
- The recent acquisition of Alfamation adds significant test and automation capabilities.
Headline financials
Revenue & EPS history
inTEST · Revenue · Quarterly
$26.2M
Forward guidance
The Company’s guidance for 2024 is as follows: Revenue $145 million to $155 million and Gross margin 45% to 46%.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2023
+0.2%
Avg return
Earnings day
+0.2%
Avg return
5 days after
+0.1%
Avg return
30 days after
55%
35 / 64 earnings
Positive
+30.0%
Q4 2016
Best reaction
-26.2%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.8% | +6.5% | -10.3% | |
| Q4 2025 | +17.7% | +26.9% | +40.4% | |
| Q3 2025 | -2.6% | -5.5% | -9.0% | |
| Q1 2025 | -6.1% | +2.7% | -2.7% | |
| Q4 2024 | -4.1% | -3.9% | -27.1% | |
| Q3 2024 | +0.1% | +9.5% | +5.7% | |
| Q2 2024 | -26.2% | -32.1% | -28.7% | |
| Q1 2024 | -4.9% | -11.1% | -15.2% | |
| Q4 2023 | +21.3% | +22.0% | +7.0% | |
| Q3 2023 | -8.3% | -10.1% | +0.8% | |
| Q2 2023 | -11.5% | -16.8% | -14.8% | |
| Q1 2023 | +11.9% | +17.7% | +18.8% | |
| Q4 2022 | +2.6% | +9.1% | +40.9% | |
| Q3 2022 | -7.1% | -7.2% | +14.6% | |
| Q2 2022 | +10.8% | +14.7% | -1.2% | |
| Q1 2022 | -18.3% | -17.0% | -9.2% | |
| Q4 2021 | -18.9% | -14.5% | -4.8% | |
| Q3 2021 | +19.3% | +17.3% | +9.7% | |
| Q2 2021 | -21.4% | -23.4% | -15.4% | |
| Q1 2021 | +1.6% | -2.4% | +21.5% | |
| Q4 2020 | +9.0% | +6.7% | +8.0% | |
| Q3 2020 | +6.3% | -1.0% | -1.6% | |
| Q2 2020 | +2.5% | +3.3% | +2.6% | |
| Q1 2020 | +0.6% | -6.2% | +15.8% | |
| Q4 2019 | -7.3% | -11.1% | -51.0% | |
| Q3 2019 | -1.7% | -1.3% | +10.5% | |
| Q2 2019 | +5.1% | +1.3% | -7.3% | |
| Q1 2019 | -21.6% | -21.9% | -26.9% | |
| Q4 2018 | -2.7% | -3.5% | -7.4% | |
| Q3 2018 | -3.9% | -6.0% | -5.4% | |
| Q2 2018 | +9.0% | +22.9% | +21.5% | |
| Q1 2018 | -4.0% | +0.0% | -2.6% | |
| Q4 2017 | +10.2% | +2.5% | -15.5% | |
| Q3 2017 | -4.7% | +4.7% | +5.3% | |
| Q2 2017 | -16.0% | -8.9% | -10.1% | |
| Q1 2017 | +4.3% | +9.3% | +17.3% | |
| Q4 2016 | +30.0% | +28.0% | +24.0% | |
| Q3 2016 | +3.3% | +4.4% | +11.0% | |
| Q2 2016 | +3.3% | +1.0% | -4.8% | |
| Q1 2016 | +1.6% | — | — | |
| Q4 2015 | -4.0% | — | — | |
| Q3 2015 | -0.5% | — | — | |
| Q2 2015 | +1.7% | — | — | |
| Q1 2015 | +6.6% | — | — | |
| Q4 2014 | +4.6% | — | — | |
| Q3 2014 | -0.7% | — | — | |
| Q2 2014 | +8.2% | — | — | |
| Q1 2014 | -3.1% | — | — | |
| Q4 2013 | +0.7% | — | — | |
| Q3 2013 | -3.0% | — | — | |
| Q2 2013 | +2.8% | — | — | |
| Q1 2013 | +3.8% | — | — | |
| Q4 2012 | -5.1% | — | — | |
| Q3 2012 | +0.0% | — | — | |
| Q2 2012 | +1.9% | — | — | |
| Q1 2012 | -2.0% | — | — | |
| Q1 2011 | -2.0% | — | — | |
| Q4 2011 | +1.4% | — | — | |
| Q3 2010 | +1.7% | — | — | |
| Q3 2011 | +1.7% | — | — | |
| Q2 2010 | +7.1% | — | — | |
| Q4 2010 | +7.1% | — | — | |
| Q2 2011 | +7.1% | — | — | |
| Q1 2010 | -4.3% | — | — |
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