inTEST Reports 2020 First Quarter Financial Results

Reconciliation of Net Earnings (Loss) (GAAP) to EBITDA (Non-GAAP):

  Three Months Ended 
  3/31/2020   12/31/2019   3/31/2019  
       
Net earnings (loss) (GAAP)$  (1,143) $   724  $  1,138 
  Acquired intangible amortization 311   313   317 
  Interest expense        
  Income tax expense (benefit) (250)  (76)  324 
  Depreciation 155   150   181 
EBITDA (Non-GAAP)$ (927) $  1,111  $ 1,960 
       

Supplemental Information – Reconciliation of Second Quarter 2020 Estimated Net Earnings Per Share – Diluted (GAAP) to Estimated Adjusted Net Earnings Per Share – Diluted (Non-GAAP):

  Low   High
       
Estimated net earnings (loss) per share – diluted (GAAP) $ (0.09 )   $   0.00 
  Acquired intangible amortization   0.03       0.03 
  Contingent consideration liability adjustment        
  Tax adjustments        
Estimated adjusted net earnings (loss) per share – diluted (Non-GAAP) $ (0.06 )   $   0.03 



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