inTest Q1 revenue rises 27.2% to $33.89 million
InTest Corporation
InTest Corporation INTT | 0.00 |
- inTest posted Q1 revenue of USD 33.89 million, up 27.2% year over year, with segment sales climbing 30.8% in Electronic Test to USD 17.34 million.
- Gross margin widened 4 percentage points to 45.5%, lifting gross profit 39.4% to USD 15.41 million on higher volume, favorable product mix, and manufacturing efficiency initiatives.
- Orders rose 25.4% from a year earlier to USD 31.79 million, led by Auto/EV orders of USD 10.74 million that more than doubled.
- Backlog stood at USD 51.8 million at March 31, up from USD 38.2 million a year earlier.
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