Financial PerformanceInTEST reported strong Q4 results, with revenue and EPS above estimates.
Revenue GrowthThe growth of service revenue, which went from $5.7M in 2020 to $14.9M in 2024, is expected to continue and help drive overall gross margins higher.
Share BuybackThe Company announced the Board renewed the $10M buyback program which has $9M remaining.
Strategic VisionThe VISION 2030 strategy outlines a strong, achievable roadmap for growth, with management noting better accounting for market cycles compared to previous targets.