inTEST Corporation announced restatement of earnings results for the third quarter ended September 30, 2023. Preliminary indications are that the third quarter 2023 restatement is expected to result in a decrease in revenue of approximately $1.7 million. After also deferring associated costs and the tax effect, net income is expected to be approximately $700,000 lower for the third quarter 2023.

After giving effect to this change, earnings per diluted share for the third quarter 2023 as previously reported is expected to be reduced from $0.24 to $0.19.