Intest releases preliminary results

Semiconductor-test manufacturer Intest has announced preliminary selected unaudited results for the quarter ended March 31, 2010, with the a news release announcing the final results expected to be disseminated on 12 May 2010, after the market close.

Net revenues were approximately $9.5m (£6.2m), compared to $8.4m for the fourth quarter of 2009, while net income was approximately $1.1m or $0.11 per diluted share, compared to $142,000 or $0.01 per diluted share for the fourth quarter of 2009. 

Bookings for the quarter were approximately $14m, an increase of 49 per cent over the $9.4m in bookings for the fourth quarter of 2009.