inTest Q3 2026: record orders and backlog, revenue up 34% year over year
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Revenue: $35.1 million, up 34% year-over-year from $26.2 million; essentially flat sequentially (down $0.2 million from $35.3 million in Q2). Orders: Record $49.4 million, exceeding revenue by 41% and up 31% year-over-year. Backlog…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishRecord orders and backlog with sharply higher margins point to strong demand for the company.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Third-quarter revenue was $35.1 million, up 34% year over year.
- 02Record orders reached $49.4 million and backlog reached $59.7 million.
- 03Gross margin rose to 47.7% and net earnings were $1.9 million.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets