MOUNT LAUREL, N.J., March 07, 2019 (GLOBE NEWSWIRE) -- inTEST Corporation (NYSE American: INTT), an independent designer, manufacturer and marketer of thermal management products and semiconductor automatic test equipment (ATE) interface solutions, today announced financial results for the quarter and full year ended December 31, 2018.
2018 Fourth Quarter Summary
| ($ in Millions, except per share amounts) | Three Months Ended | ||||||||
| 12/31/2018 | 9/30/2018 | 12/31/2017 | |||||||
| Total Bookings | $ | 18.4 | $ | 20.0 | $ | 21.8 | |||
| Total Bookings excluding Ambrell | $ | 11.6 | $ | 13.2 | $ | 15.6 | |||
| Non-Semi Bookings - $ | $ | 7.6 | $ | 9.4 | $ | 11.7 | |||
| Non-Semi Bookings - % of Total Bookings | 41% | 47% | 54% | ||||||
| Net Revenues | $ | 18.4 | $ | 20.2 | $ | 19.4 | |||
| Net Revenues excluding Ambrell | $ | 11.5 | $ | 13.3 | $ | 12.7 | |||
| Non-Semi Net Revenues - $ | $ | 8.1 | $ | 8.7 | $ | 11.4 | |||
| Non-Semi Revenues - % of Total Revenues | 44% | 43% | 59% | ||||||
| Gross Margin - $ | $ | 9.0 | $ | 10.1 | $ | 9.7 | |||
| Gross Margin - % | 49% | 50% | 50% | ||||||
| Net Loss (GAAP) (1)(2) | $ | (0.8) | $ | (0.6) | $ | (4.6) | |||
| Net Loss per diluted share (GAAP) (1)(2) | $ | (0.08) | $ | (0.05) | $ | (0.44) | |||
| Adjusted Net Earnings (Non-GAAP) (2)(3) | $ | 2.3 | $ | 2.8 | $ | 3.2 | |||
| Adjusted Net Earnings per diluted share (Non-GAAP) (2)(3) | $ | 0.23 | $ | 0.27 | $ | 0.31 | |||
| Adjusted EBITDA (Non-GAAP) (2)(3) | $ | 2.8 | $ | 3.8 | $ | 3.5 | |||
| As of | |||||||||
| 12/31/2018 | 9/30/2018 | 12/31/2017 | |||||||
| Cash and cash equivalents | $ | 17.9 | $ | 14.2 | $ | 13.3 | |||
