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) 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.
inTEST Corporation (NYSE American: INTT) announced strong growth in its automotive and electric vehicle (EV) market penetration. The company, via its subsidiary Ambrell Corporation, has established itself as a preferred supplier for automotive manufacturers, contributing significantly to inTEST's diversification strategy. Ambrell's advanced induction heating products, such as EASYHEAT™ and EKOHEAT®, have been installed at various EV manufacturing plants globally. To meet growing demand, inTEST is increasing its engineering staff and expanding its product portfolio.
inTEST Corporation (NYSE American: INTT) will release its 2020 fourth quarter and year-end financial results on March 5, 2021, before the market opens. Following the release, management will host a conference call at 8:30 AM EST to discuss the results and industry outlook. Investors can access the call by dialing (323) 289-6576 or (800) 437-2398 with passcode 5369295. A live webcast will also be available on the company's website, along with a replay for one year. inTEST specializes in test and process solutions across multiple industries.
inTEST Corporation (NYSE: INTT) reported a significant uptick in its EMS segment with Q4 2020 bookings nearly doubling compared to Q3 2020. This was fueled by strong demand across sectors such as automotive and consumer electronics, leading to a 91% increase in bookings. The company has successfully consolidated its California operations to New Jersey, optimizing costs and improving service delivery. The introduction of innovative products like the Intellidock™ has positioned inTEST favorably within the semiconductor industry’s growth trajectory.
inTEST Corporation (NYSE American: INTT) has announced its participation in two upcoming investor conferences: the DA Davidson Virtual Semicap, Laser and Optical Conference on December 15, 2020, and the 12th Annual Virtual CEO Summit on December 16, 2020. Richard N. Grant, Jr., President & CEO, and Hugh Regan, CFO, will represent the company. Investors can meet in one-on-one sessions during the DA Davidson conference and in group meetings during the CEO Summit, which features multiple company presentations and is limited to accredited investors. Registration is required by December 10, 2020.
inTEST Corporation (NYSE: INTT) reported a 9% sequential growth in net revenues for Q3 2020, totaling $14.4 million, and 4% increase in total bookings. Semi Market and Multimarket revenues accounted for 51% and 49% of total revenues respectively. Adjusted net earnings per diluted share rose to $0.07 from $0.05. However, year-to-date revenues decreased to $38.9 million from $47.0 million, with a net loss of $0.5 million. The company expressed optimism regarding improving market conditions despite ongoing COVID-19 challenges.