MOUNT LAUREL, N.J., May 09, 2019 (GLOBE NEWSWIRE) -- inTEST Corporation (NYSE American: INTT), a global supplier of precision-engineered solutions
for use in manufacturing and testing across a wide range of markets including automotive, defense/aerospace, energy, industrial, semiconductor and telecommunications, today announced financial results for the quarter ended March 31, 2019.
2019 First Quarter Summary
| ($ in Millions, Except Per Share Data) | Three Months Ended | |||||||||
| 3/31/2019 | 12/31/2018 | 3/31/2018 | ||||||||
| Total Bookings | $ | 11.9 | $ | 18.4 | $ | 20.6 | ||||
| Non Semi Bookings - $ | $ | 6.3 | $ | 7.6 | $ | 8.1 | ||||
| Non Semi Bookings - % of Total Bookings | 53 | % | 41 | % | 39 | % | ||||
| Net Revenues | $ | 18.1 | $ | 18.4 | $ | 18.9 | ||||
| Non Semi Net Revenues - $ | $ | 8.0 | $ | 8.1 | $ | 8.3 | ||||
| Non Semi Net Revenues - % of Total Net Revenues | 44 | % | 44 | % | 44 | % | ||||
| Gross Margin - $ | $ | 8.8 | $ | 9.0 | $ | 9.4 | ||||
| Gross Margin - % | 49 | % | 49 | % | 50 | % | ||||
| Net Earnings (Loss) (GAAP) (1) | $ | 1.1 | $ | (0.8 | ) | $ | 0.4 | |||
| Net Earnings (Loss) per diluted share (GAAP) (1) | $ | 0.11 | $ | (0.08 | ) | $ | 0.04 | |||
| Adjusted Net Earnings (Non-GAAP) (2) | $ | 1.5 | $ | 2.3 | $ | 2.3 | ||||
| Adjusted Net Earnings per diluted share (Non-GAAP) (2) | $ | 0.14 | $ | 0.23 | $ | 0.22 | ||||
| EBITDA (Non-GAAP) (2) | $ | 2.0 | $ | 2.8 | $ | 3.1 | ||||
| As of | ||||||||||
| 3/31/2019 | 12/31/2018 | 3/31/2018 | ||||||||
| Cash and cash equivalents | $ | 8.2 | $ | 17.9 | $ | 14.4 | ||||
