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 Q2 2021 net revenues of $21.8 million, surpassing guidance, up 12% sequentially and 64% year-over-year. GAAP earnings per share reached $0.24, an increase of $0.03 sequentially and $0.22 year-over-year. Total bookings were $25.1 million, with 66% from the semiconductor market. The company also provided Q3 guidance, expecting net revenues between $20.5 million and $21.5 million and GAAP EPS of $0.18 to $0.22.
inTEST Corporation (NYSE American: INTT) announced its collaboration with C1D1 Labs to provide Thermonics chiller systems to the cannabis industry. The partnership aims to meet the rising demand for high-capacity cooling solutions driven by the increasing popularity of CBD and THC products. These ultra-low temperature chillers are designed to enhance extraction throughput by allowing rapid cooling of solvents, thus improving operational efficiency. With cooling capacities ranging from 2.5kw to 17kw, this innovation addresses the specific needs for precision in cryogenic temperature control within cannabis extraction processes.
inTEST Corporation (NYSE: INTT) announced it will release its 2021 second quarter financial results on August 6, 2021, before market opening. The company will host a conference call at 8:30 AM EDT the same day to discuss these results and share management's insights on the industry. Investors can access the live call by dialing (323) 289-6576 or (800) 437-2398, with a passcode of 5369295. A webcast will also be available on inTEST's website, providing additional materials and a replay for one year following the event.
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inTEST Corporation (NYSE American: INTT) announced the appointment of Duncan Gilmour as Chief Financial Officer, Treasurer, and Secretary effective June 14, 2021. He replaces Hugh T. Regan, Jr., who retires after 25 years. Gilmour brings extensive experience from ABB, Tyco International, and PwC, enhancing inTEST's financial leadership. CEO Nick Grant expressed confidence in Gilmour’s ability to drive growth and value for shareholders. Regan facilitated a smooth transition and is recognized for his long service in shaping the company.
inTEST Corporation (NYSE American: INTT) announced the launch of its new line of Compact EKOHEAT® Induction Heating Systems, designed to meet customer demand for smaller equipment. The new systems, which are 50% smaller, cater to applications requiring 75-125 kW of power, offering enhanced operational efficiency and lower costs. Additionally, the reduced size workheads will expand across the entire product portfolio, providing new options for flexibility and durability in various industrial environments.
inTEST Corporation (NYSE American: INTT), a leader in innovative test solutions, will participate in the 13th Annual Virtual CEO Summit on June 15, 2021. The company plans to engage with investors through group meetings during the event. Each meeting will last 40 minutes, providing opportunities for discussion among 14 participating management teams, including inTEST. The summit is invitation-only, aimed at accredited investors, with early RSVP required by June 10, 2021. Presentation materials will be available on the company's website.
inTEST Corporation (NYSE: INTT) reported strong Q1 2021 results with bookings of $25.2 million, up 43% sequentially and 83% year-over-year. Revenues reached $19.6 million, an increase of 31% sequentially and 74% year-over-year. The company achieved a GAAP EPS of $0.21 and a Non-GAAP Adjusted EPS of $0.24. The growing demand primarily from the semiconductor market significantly fueled these numbers. Looking forward, inTEST anticipates Q2 2021 revenues between $20.0 million and $21.0 million, with EPS guidance of $0.20 to $0.24.
inTEST Corporation (NYSE American: INTT) announced it will release its 2021 first quarter financial results on May 7, 2021, before market opens. A conference call will take place at 8:30 am EDT to discuss the results and management's expectations regarding the industry. Participants can access the call by dialing (323) 289-6576 or (800) 437-2398 using the passcode 5369295. The call will also be available via a live webcast on inTEST's website, with a replay accessible for one year.
inTEST Corporation (NYSE: INTT) reported a 22% sequential and 58% year-over-year increase in bookings for Q4 2020, totaling $17.6 million. Their backlog grew by $5.9 million to $11.5 million compared to the end of 2019. Total net revenues reached $14.9 million, a 3% sequential and 9% year-over-year increase. However, the company reported a GAAP net loss of $(0.04) per diluted share. Looking forward, for Q1 2021, inTEST projects revenues between $18.5 million to $19.5 million, with GAAP EPS between $0.18 to $0.22.
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