Welcome to our dedicated page for Intest news (Ticker: INTT), a resource for investors and traders seeking the latest updates and insights on Intest stock.
inTEST Corporation (NYSE American: INTT) is a global supplier of test and process technology solutions used in manufacturing and testing across key markets, including semiconductor, automotive and electric vehicles, defense and aerospace, industrial applications, life sciences, and safety and security. The INTT news page on Stock Titan aggregates company announcements, financial updates, and other disclosures so investors can review developments that inTEST reports publicly.
Recent company news has included quarterly financial results, where management discusses orders, revenue by market and segment, gross margin trends, operating expenses, and the use of non-GAAP measures such as adjusted net earnings and adjusted EBITDA. These releases also describe order and backlog dynamics across semi, auto/EV, defense/aerospace, industrial, life sciences, and safety/security end markets, providing insight into demand patterns and capital spending behavior among customers.
inTEST’s news flow also features information on significant customer orders and contracts. Examples include announced orders for thermal test systems from a prime defense contractor, to be used for ultra-low temperature testing of advanced electronic systems in military and aerospace applications, and a follow-on order for functional test systems for high-volume medical device testing through its Alfamation business. Such items illustrate how inTEST’s Environmental Technologies and Electronic Test capabilities are applied in specific industries.
In addition, the company regularly issues announcements about participation in investor conferences, summit events, and scheduled earnings conference calls and webcasts. These updates outline when management will present, host investor meetings, or provide financial and strategic commentary. Investors and researchers can use the INTT news feed to monitor inTEST’s reported progress on its diversification efforts, VISION 2030 growth strategy, and broader market engagement over time.
inTEST Corporation (NYSE American: INTT) reported a revenue increase to $24.1 million for Q1 2022, with GAAP earnings per diluted share at $0.05 and non-GAAP adjusted earnings at $0.12. Orders totaled $25.1 million, boosting a record backlog of $35.0 million. Despite supply chain issues impacting revenue by approximately $1 million, demand remains strong, particularly in the automotive and life sciences sectors. The company maintains its full-year outlook of $110 million to $115 million revenue, anticipating growth of over 30%.
inTEST Corporation has launched a new Ambrell Applications Laboratory in Monterrey, Mexico, enhancing access to its induction heating technology for the Latin American market. This facility, established in collaboration with EPGA Induction, will provide regional customers opportunities to test and develop solutions tailored to their production needs. The induction heating systems range from 500 W to 1,000 kW and support various applications like brazing and heat treating. An Open House event is scheduled for May 6th to showcase these capabilities.
inTEST Corporation (NYSE American: INTT) has announced that President & CEO Nick Grant and CFO Duncan Gilmour will present at the Annual Sidoti Virtual Micro Cap Conference on May 11, 2022, at 8:30 a.m. Eastern Time. A live webcast of the presentation will be accessible on their investor relations website, along with materials for attendees. inTEST specializes in innovative test and process solutions across various sectors, including automotive, defense, and semiconductor manufacturing, aiming for organic growth through technology and market expansion.
inTEST Corporation (NYSE American: INTT) will release its first quarter 2022 financial results on May 6, 2022, before market opening. The company will hold a conference call and webcast at 8:30 a.m. ET to discuss its results and corporate strategies. A replay of the call will be available until May 13, 2022. inTEST specializes in test and process solutions for manufacturing across various sectors, emphasizing operational excellence and innovative technologies.
inTEST Corporation, a global supplier in manufacturing and testing solutions, has announced a corporate reorganization and promoted three division leaders to corporate officers. The company aims to achieve a revenue goal between $200 million and $250 million by 2025, supported by organic growth and acquisitions. President & CEO Nick Grant emphasized progress in their 5-Point Strategy, aimed at increasing operational efficiency and collaboration. The investor day event will provide insights into their achievements and future financial targets.
inTEST Corporation (NYSE American: INTT) has launched the North Sciences brand via its thermal segment subsidiary, inTEST Thermal Solutions. This new line of products, stemming from the acquisition of Z-Sciences in October 2021, includes enhanced cold storage solutions for biomedical applications. The Eco-friendly ThermoStream Systems, designed for energy efficiency and reliability, highlight cutting-edge technology with temperature ranges from -60°C to 200°C. The company's focus on innovative testing solutions reinforces its status in critical markets such as automotive, aerospace, and life sciences.
inTEST Corporation (NYSE American: INTT) will host its first Investor & Analyst Day on March 24, 2022, in a hybrid format from Philadelphia, PA. The event starts at 9:00 a.m. ET and includes presentations from key executives, such as Nick Grant and Duncan Gilmour, focusing on the Company's 5-Point Strategy for growth. Viewers can submit questions during the event, with a replay and presentation slides available afterward. inTEST specializes in innovative test solutions in sectors like automotive and semiconductor.
inTEST Corporation reported a 50% revenue growth in Q4 2021, driven by demand in the semiconductor, automotive, and life sciences markets, achieving record annual orders of $101.9 million. However, gross margin decreased due to product mix and supply chain constraints. The company announced acquisitions totaling $1.6 million in expenses, affecting operating income.
Revenue for 2022 is projected between $110 million and $115 million, indicating a growth of over 30%.
inTEST Corporation (NYSE American: INTT) announced the appointment of Meghan Blount as Vice President of Human Resources. Blount brings extensive experience in talent management and employee engagement from her previous role at ABB. Nick Grant, inTEST President & CEO, emphasized her importance in advancing corporate culture and strategic initiatives. The company focuses on manufacturing and testing solutions across sectors like automotive and semiconductor, aiming for growth through innovation and acquisitions.
inTEST Corporation (NYSE American: INTT) is set to release its fourth quarter and full year 2021 financial results on March 4, 2022, before market opening. A conference call will follow at 8:30 a.m. ET to discuss the results, corporate strategies, and future outlook. Interested parties can access the call via phone or webcast. The performance metrics will be crucial for investors to assess the company's financial health and strategic direction moving forward.