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Intest Corp. - INTT STOCK NEWS

Welcome to our dedicated news page for Intest (Ticker: INTT), a resource for investors and traders seeking the latest updates and insights on Intest.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Intest's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Intest's position in the market.

News
inTEST Schedules First Quarter 2024 Financial Results Conference Call and Webcast
Rhea-AI Summary
inTEST (INTT) has scheduled its first quarter 2024 financial results conference call and webcast for May 6, 2024. The company will review its financial and operating results, discuss corporate strategies, and outlook, with a Q&A session to follow.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.73%
Tags
earnings
-
News
inTEST Corporation to Present at the LD Micro Invitational Conference
Rhea-AI Summary
inTEST (INTT) to present at LD Micro Invitational Conference in New York City. Nick Grant, President & CEO, and Duncan Gilmour, CFO, to host investor meetings. Webcast and presentation materials available on intest.com/investor relations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2%
Tags
conferences
-
News
inTEST Reports Record $123.3 Million in Revenue and Net Income of $9.3 Million for Full Year 2023
Rhea-AI Summary
inTEST (INTT) reported a 6% increase in 2023 revenue and a 10% growth in net income. The company generated $4.7 million in cash from operations in Q4 and a record $16.2 million for the year. Market diversification boosted sales, with 4th quarter orders up 2%. 2024 revenue is expected to range from $145 million to $155 million, including the recent acquisition of Alfamation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.53%
Tags
none
News
inTEST Announces Fourth Quarter and Full Year 2023 Financial Results Conference Call and Webcast
Rhea-AI Summary
inTEST (INTT) to Release Fourth Quarter and Full Year 2023 Financial Results and Host Conference Call on March 28, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.12%
Tags
earnings
-
News
inTEST Expands Electronic Test Capabilities with Acquisition of Alfamation S.p.A.
Rhea-AI Summary
inTEST Corporation (INTT) acquires Alfamation S.p.A., a leading provider of test and measurement solutions for automotive, life sciences, and consumer electronics markets. The acquisition enhances inTEST's test technology solutions, expands market reach, and deepens presence in key markets. Alfamation's annual revenue of $25 million increases inTEST's scale and product portfolio. The acquisition is expected to be accretive in 2025, with projected revenue for 2024 in the range of $145-155 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.62%
Tags
acquisition
-
News
inTEST to Restate Third Quarter and First Nine Months 2023 Financial Statements
Rhea-AI Summary
inTEST Corporation (INTT) plans to restate its financial statements for Q3 and nine months ended September 30, 2023, due to revenue deferral related to discontinued material purchases. The restatement is expected to decrease revenue by $1.7 million, increase deferred revenue by the same amount, and lower net income by approximately $700,000 for Q3 2023. Earnings per diluted share for Q3 2023 are expected to decrease from $0.24 to $0.19. Fourth quarter 2023 revenue is expected to be $27.9 million with net earnings of $1.5 million. The Company will amend and file its 10-Q/A for Q3 2023 and expects to report a material weakness in internal control over financial reporting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.62%
Tags
none
News
inTEST Delays Fourth Quarter and Full Year 2023 Earnings Release and Investor Conference Call; Provides Preliminary Fourth Quarter Results and 2024 Guidance
Rhea-AI Summary
inTEST Corporation (INTT) reschedules earnings release due to audit completion delay. Q4 2023 revenue at $28.4 million with net earnings of $1.7 million. First quarter 2024 revenue expected at $28-30 million. Full year 2024 revenue projected at $125-130 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.11%
Tags
earnings
-
News
inTEST Announces Fourth Quarter and Full Year 2023 Financial Results Conference Call and Webcast
Rhea-AI Summary
inTEST Corporation (INTT) to Release Q4 and Full Year 2023 Financial Results on March 1, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.28%
Tags
earnings
-
News
inTEST Appoints Michael Goodrich as President, Process Technologies Division
Rhea-AI Summary
inTEST Corporation (INTT) announced the appointment of Michael Goodrich as the President of Process Technologies Division. Goodrich, a global technology leader, brings extensive experience in operations, engineering, sales, marketing, and team building. The company aims to leverage his skills to advance its efforts and drive growth. Goodrich succeeds Scott Nolen, who will be pursuing other opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.25%
Tags
management
News
inTEST Corporation Launches Next Generation of Induction Heating Systems
Rhea-AI Summary
inTEST Corporation (NYSE American: INTT) introduces the all-new EKOHEAT 2 induction heating products by Ambrell, offering an innovative internal control and power delivery system, Advanced Internal Monitoring™, and digitized control and monitoring of output voltage, power, and resonant frequency. The product line aims to enhance process heating accuracy, reduce system cooling requirements, and improve process heating efficiencies and responsiveness. Orders can be placed today with delivery as early as April 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.91%
Tags
none
Stock INTT logo
Intest Corp.

NYSE:INTT

INTT Rankings

#4021 Ranked by Market Cap
#316 Ranked by Stock Gains
N/A Ranked by Dividends

INTT Stock Data

148.80M
10.73M
4.51%
64.8%
4.53%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
United States
Mount Laurel

About INTT

intest corporation was founded in 1981 in cherry hill, new jersey. we design, manufacture, and market products that are used primarily by semiconductor manufacturers to test their integrated circuits and wafer products. our product lines include test head manipulators, docking hardware, tester interfaces, and thermal test systems. intest recognizes the worldwide nature of the semiconductor industry and its need for service and close technical support. we are well known for our unsurpassed global service and support, which has been an important factor in our growth and profitability. we conducted our initial public offering in 1997. with this additional capital, we accelerated our internal growth and expanded our market presence with important related technologies. we acquired testdesign corporation, a manufacturer of tester interface products, in 1998; temptronic corporation and thermonics inc, which both make thermal test systems, in 2000 and 2012, respectively. intest test head