
InTest raises its full year 2026 revenue outlook to $130M to $135M, with gross margin expected at approximately 45% and operating expenses between $55M to $57M for the year.
Bullish
InTest achieved strong revenue growth of 27.2% year-over-year, expanded gross margin to 45.5% due to favorable product mix, and maintained a robust backlog of $51.8M.
Bearish
InTest faced sequential order declines and increased operating expenses, partly due to restructuring costs, while cash and cash equivalents decreased from the prior quarter.