secwatch.observer — SEC 8-K summary
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Issuer:     INTEST CORP (INTT)
CIK:        0001036262
Form:       8-K
Filed at:   2022-05-06T23:59:59+00:00
Accession:  0001437749-22-011204
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

inTEST Q1 revenue up 23% YoY to $24.1M; GAAP EPS $0.05, non-GAAP EPS $0.12
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- Revenue $24.1M (+23% YoY, +8% sequential); GAAP diluted EPS $0.05; non-GAAP diluted EPS $0.12 in line with guidance.
- Orders of $25.1M in Q1; record quarter-end backlog of $35.0M demonstrates strong demand.
- Acquisitions (North Sciences, Videology, Acculogic) integrations on track; segment reorganization into three divisions.
- Gross margin 45.7% down from 48.7% a year ago; operating margin 3.2% vs 13.1% due to higher S&A and amortization.
- Full-year 2022 outlook maintained; supply chain constraints persist but end-market demand healthy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1036262/000143774922011204/0001437749-22-011204-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1036262/000143774922011204/intt20220504_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-011204

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