inTEST Reports 2018 Third Quarter Financial Results

Reconciliation of GAAP Net Earnings to Non-GAAP Adjusted EBITDA:

  Three Months Ended   Nine Months Ended
  9/30/2018   9/30/2017   6/30/2018   9/30/2018   9/30/2017
                   
Net earnings (loss) (GAAP) $ (566 )   $ 2,018     $ 4,014     $ 3,829   $ 5,541  
Acquired intangible amortization   323       613       247       786     916  
Interest expense   1       -       -       1     -  
Income tax expense   728       823       382       1,711     2,808  
Depreciation   207       180       188       584     401  
Contingent consideration liability adjustment   3,057       (549 )     (710 )     4,073     (549 )
Adjusted EBITDA (Non-GAAP) $ 3,750     $ 3,085     $ 4,121     $ 10,984   $ 9,117  
                   

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