inTEST Corp Expects Q3 Revenue In Line With Q2 Of $32.6M Vs $32.18M Est, Adj EPS $0.23-$0.27 Vs $0.27 Est; Raised FY23 Revenue To $127M-$131M (Prior $125M-$130M) Vs $128.51M Est
Portfolio Pulse from Benzinga Newsdesk
inTEST Corp has announced that it expects its Q3 revenue to be in line with Q2 at $32.6M, slightly above the estimated $32.18M. The company also raised its FY23 revenue forecast to $127M-$131M, up from the previous estimate of $125M-$130M.
August 04, 2023 | 3:02 pm
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inTEST Corp's Q3 revenue is expected to be in line with Q2, slightly above estimates. The company also raised its FY23 revenue forecast.
The news is directly about inTEST Corp and its financial performance. The company's Q3 revenue is expected to be in line with Q2, slightly above estimates, which is a positive sign. Furthermore, the company raised its FY23 revenue forecast, indicating confidence in its future performance. This could potentially lead to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100