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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.
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1.25%
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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.
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2.91%
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inTEST Corporation (INTT) is establishing a new Center of Excellence in Penang, Malaysia to co-locate sales, engineering, service, and manufacturing for all three of its business divisions. The 25,000 square foot facility will support applications engineering, product development, and localized manufacturing for nearly all inTEST brands. The new regional center aims to bring high-quality, innovative, customer-focused solutions closer to customers in Asia, driving further growth in the region. Currently, Asia–Pacific represents approximately 35% of revenue for the Company primarily from customers based in the U.S.
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-0.82%
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inTEST Corporation (INTT) to participate in the 12th Annual NYC Summit investor conference. Nick Grant, President & CEO, and Duncan Gilmour, CFO, will present the company's innovative test and process technology solutions for key markets. The event will provide opportunities for investors and analysts to engage with the management team.
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0.46%
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inTEST Corporation (INTT) announced a stock repurchase plan of up to $10 million of the Company's common stock through November 17, 2024. The plan reflects confidence in executing the 5-Point Strategy and aims to grow the business, achieve long-term goals, and benefit shareholders. The Company intends to use existing cash and cash equivalents and future cash flows to fund the plan, with approximately 12.2 million shares of common stock outstanding as of October 31, 2023.
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1.31%
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INTT: inTEST Corporation to Present at Southwest IDEAS Conference on November 15, 2023. CFO and VP of Corporate Development to discuss innovative test and process technology solutions for automotive/EV, defense/aerospace, industrial, life sciences, security, and semiconductor markets. Webcast available at www.intest.com/investor-relations.
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2.49%
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inTEST Corporation (NYSE American: INTT) reported third quarter revenue of $32.7 million, up 6% YoY. Gross profit margin expanded 170 basis points to 46.9%. Quarterly net income grew 18% YoY to $3.0 million. Cash generation from operations was $6.2 million, bringing total cash to $41.7 million. Full-year expectations moderated due to fluctuations in demand.
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-3.66%
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inTEST Corporation to release Q3 2023 financial results and host conference call
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inTEST Corporation announces relocation of its electronic circuit and electric vehicle battery automated test equipment operations to a new facility in Markham, Ontario.
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-1.15%
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inTEST Corporation to present at LD Micro Main Event XVI Conference
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-1.92%
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inTEST Corporation
NYSE:INTT
INTT Rankings
INTT Stock Data
141.61M
10.73M
4.51%
64.8%
4.53%
Semiconductor and Related Device Manufacturing
Manufacturing
United States of America
MT. 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