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inTEST Corporation (INTT) Stock News, Jul-Dec 2024

INTT NYSE

InTest Corporation reports developments as a global supplier of test and process technology solutions used in manufacturing and testing across semiconductor, Auto/EV, defense/aerospace, industrial, life sciences, and safety/security markets. Company updates commonly cover quarterly results, orders, backlog, gross margin, product mix, and demand across diversified end markets.

Recurring news also includes leadership and board changes, investor-conference participation, acquisition integration, and customer orders tied to businesses such as Alfamation. Product-focused updates describe functional test systems, thermal, mechanical, and electronic solutions, and initiatives to expand cross-business selling, manufacturing efficiency, supply-chain performance, and targeted market reach.

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inTEST (NYSE American: INTT) announced its participation in the 13th Annual NYC Summit investor conference at Mastro's Steakhouse in New York on December 17th. Nick Grant, President & CEO, and Duncan Gilmour, CFO, will conduct presentations starting at 1:00 p.m. ET in a 'round-robin' format with small group meetings.

The event, accessible only to accredited investors and publishing research analysts by invitation, will feature 18 management teams including inTEST. The presentation materials will be available on the company's investor relations website. The summit provides opportunities for attendees to meet with management teams during small group sessions, breakfast, and lunch networking events.

The conference, sponsored by Stifel and TD Cowen, includes presentations from various technology companies in sectors such as semiconductor, testing, and manufacturing.

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Sidoti Events, has announced its December Small-Cap Conference schedule for December 4-5, 2024. The two-day virtual event features presentations from numerous publicly traded companies, including Charles River Associates (CRAI) scheduled for 10:45-11:15 EST on December 4th. The conference includes a mix of company presentations and one-on-one meetings with various small-cap companies across different sectors. The presentation schedule is subject to change, and attendees are directed to www.sidoti.com/events for the most current schedule and webinar links.

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inTEST (NYSE American: INTT) has announced its participation in two upcoming investor conferences. The company's President & CEO Nick Grant and CFO Duncan Gilmour will attend the Noble Emerging Growth Equity Conference in Boca Raton, FL on December 3, 2024, where they will present and conduct one-on-one meetings. The presentation will be available via video webcast the following day.

Additionally, management will participate in the Sidoti Small Cap Virtual Conference on December 4, 2024, presenting at 9:15 a.m. Eastern Time and hosting virtual one-on-one meetings. Both presentations will be accessible through webcasts on inTEST's Investor Relations website, with archives available for later viewing.

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inTEST (NYSE American: INTT), a global supplier of innovative test and process technology solutions, has announced its participation in the upcoming Southwest IDEAS Conference. The event will take place at The Statler in Dallas on Wednesday, November 20, 2024. Nick Grant, President & CEO, and Duncan Gilmour, Chief Financial Officer, will present at 7:55 a.m. Central Time and host investor meetings. The presentation will be accessible via live audio webcast with accompanying slides through INTT Investor Relations, with an archive available post-conference.

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inTEST (INTT) reported Q3 2024 financial results with revenue of $30.3 million, down 2.2% year-over-year. The company achieved a 46.3% gross margin, expanding 570 basis points from Q2 2024. Operating income increased sequentially by $0.2 million to $487,000. Orders grew 5% year-over-year and 7% sequentially to $28.1 million. The company generated $4.2 million in cash from operations, paid down $5.3 million in debt, and repurchased $1 million in shares. Earnings per diluted share was $0.04, while adjusted EPS was $0.10.

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inTEST (NYSE American: INTT), a global supplier of test and process technology solutions for automotive/EV, defense/aerospace, industrial, life sciences, security, and semiconductor markets, announced its upcoming third quarter 2024 financial results release. The results will be disclosed before markets open on Friday, November 1, 2024, followed by a conference call and webcast at 8:30 a.m. Eastern Time. A Q&A session will be included, and a replay will be available until November 8, 2024.

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inTEST (NYSE American: INTT), a global supplier of innovative test and process technology solutions, announced its participation in the iAccess Alpha Buyside Best Ideas Virtual Fall Conference 2024. Key details include:

- Nick Grant (President & CEO) and Duncan Gilmour (CFO) will represent inTEST
- Presentation scheduled for September 24, 2024, at 10:00 a.m. Eastern Time
- Investor meetings to be held on September 25, 2024
- Live webcast and presentation materials will be available at intest.com/investor-relations
- Conference format: Company presentations on day one, one-on-one meetings on day two

This event provides an opportunity for investors to gain insights into inTEST's operations and future prospects in key markets such as automotive/EV, defense/aerospace, industrial, life sciences, security, and semiconductor.

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inTEST (NYSE American: INTT), a global supplier of innovative test and process technology solutions, has announced its participation in the upcoming Midwest IDEAS Conference. The event will take place at The Gwen in Chicago on Thursday, August 29, 2024.

Key highlights:

  • Nick Grant, President & CEO, and Duncan Gilmour, CFO, will represent inTEST
  • The presentation is scheduled for 10:00 a.m. Central Time
  • A live webcast and presentation materials will be available on the company's investor relations website
  • An archive of the presentation will be accessible after the conference

inTEST serves various key target markets, including automotive/EV, defense/aerospace, industrial, life sciences, security, and semiconductor.

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inTEST (NYSE American: INTT) reported Q2 2024 results with revenue growth of 4% year-over-year to a record $34.0 million, primarily due to the acquisition of Alfamation. The company faced challenges in the semiconductor industry, with sales down 46% year-over-year. Earnings per diluted share was $0.02, while adjusted EPS was $0.08. inTEST implemented cost-reduction measures, resulting in $1.2 million of annualized savings starting Q3. The company adjusted its 2024 guidance due to ongoing market conditions, expecting revenue between $128 million to $133 million for the full year.

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inTEST (NYSE American: INTT), a global supplier of innovative test and process technology solutions, has announced its second quarter 2024 financial results conference call and webcast. The company will release its financial results before market opening on Friday, August 2, 2024. A conference call and webcast will follow at 8:30 a.m. Eastern Time to review the results and discuss corporate strategies and outlook.

Interested parties can join the call via phone at (201) 689-8263 or access the webcast and accompanying slide presentation on the company's website. A telephonic replay will be available until August 9, 2024, and a webcast replay can be accessed through the investor relations section of inTEST's website.

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FAQ

What is the current stock price of inTEST (INTT)?

inTEST (INTT) last closed at $14.76.

What is the market cap of inTEST (INTT)?

The market cap of inTEST (INTT) is approximately $189.5M.