Brief: Intest Sees Q4 2019 Adj EPS Of $0.07 To $0.11

inTest

08/11/2019 12:23

Nov 8 (Reuters) - inTest Corp  INTT.A :
    * INTEST REPORTS 2019 THIRD QUARTER FINANCIAL RESULTS
    * SEES Q4 2019 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.07 TO
$0.11
    * EXPECTS NET REVENUES FOR Q4 OF 2019 WILL BE IN RANGE OF
$14.0
MILLION TO $15.0 MILLION
    * ON A NON-GAAP BASIS, ADJUSTED NET EARNINGS PER DILUTED
SHARE IS
EXPECTED TO BE IN RANGE OF $0.07 TO $0.11 IN Q4
    * EXPECT THAT GROSS MARGIN WILL RANGE FROM 48% TO 49% IN Q4
    * QTRLY TOTAL NET REVENUE $14.6 MILLION VERSUS $20.2 MILLION
    * INTEST - DESPITE CONTINUED CHALLENGING HEADWINDS IN
SEMICONDUCTOR MARKET, CO DELIVERED PROFITABLE Q3 RESULTS
    * INTEST - WHILE SEMI MARKET REVENUES DECLINED, MULTIMARKET
REVENUES INCREASED OVER PRIOR QUARTER, DRIVEN BY
DEFENSE/AEROSPACE AND INDUSTRIAL CUSTOMERS

Source text for Eikon:  ID:nGNX1mWSlR 
Further company coverage:  INTT.A 

 (Reuters.Briefs@thomsonreuters.com)