inTest Non-GAAP EPS of $0.07 misses by $0.04, revenue of $22.35M beats by $0.34M

• inTest press release (NYSE:INTT): Q4 Non-GAAP EPS of $0.07 misses by $0.04.
• Revenue of $22.35M (+50.0% Y/Y) beats by $0.34M.
• Shares +7.27% PM.
• Outlook:
• The company expects revenue in 2022 to grow to approximately $110 million to $115 million vs consensus $107.35M
• First quarter 2022 revenue is expected to be in the range of $23 million to $25 million.\ vs consensus of $22.95M. First quarter 2022 net earnings per diluted share (GAAP) is expected to be in the range of $0.04 to $0.09 while adjusted net earnings per diluted share ((Non-GAAP)) is expected to be in the range of $0.10 to $0.15 vs consensus of $0.15.

Comments

[El Financeiro]

Trading at 1x sales. Expected to grow revenue 30 to 35% in a industry that has a lot of tailwinds. Yet it’s down 10%.