The following is a summary of the InTEST Corporation (INTT) Q2 2024 Earnings Call Transcript:
Financial Performance:
inTEST Corporation reported Q2 2024 revenue of $34 million, including a significant contribution from the recent acquisition of Alfamation.
Gross margin for the quarter was recorded at 40.6%, which was lower than expected due to unfavorable product mix and higher volume at the low end of the guidance range.
EPS for Q2 stood at $0.02 per diluted share, with adjusted EPS at $0.08, reflecting adjustments for acquired intangible amortization.
Business Progress:
The acquisition of Alfamation late in Q1 contributed $9.7 million to the quarter's revenue, showcasing effective integration and synergy realization across product technology sharing and supply chain management.
inTEST continues to navigate the challenging semiconductor market, with efforts to diversify into markets like Life Sciences and consumer electronics through acquisitions and innovation strategies.
Opportunities:
Risks:
The company forecasts continued challenges in the semiconductor front-end segment, affecting operations and financial performance into 2025.
Delivery pushouts by customers indicate ongoing uncertainties in market demand, although no cancellations have been reported, suggesting only a temporal shift rather than a loss of business.
More details: inTEST IR
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以下はInTESt Corporation(INTT)の2024年第2四半期決算説明会の要約です。
財務実績:
inTESt Corporationは、Alfamationの買収による大きな貢献を含む2024年第2四半期の売上高が3400万ドルを報告しました。
四半期の粗利率は40.6%で、不利な製品ミックスとガイダンス範囲の低末端における高い出来高のため、予想よりも低かった。
第2四半期のEPSは、希薄化後の株式1株当たり0.02ドルで、調整後のEPSは取得した無形資産の償却費の調整により0.08ドルを記録しています。
ビジネスの進展:
機会:
リスク:
詳細については、inTESt IRを参照してください。
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