STOCK TITAN

inTEST Corporation - INTT STOCK NEWS

Welcome to our dedicated page for inTEST Corporation news (Ticker: INTT), a resource for investors and traders seeking the latest updates and insights on inTEST Corporation stock.

inTEST Corporation, founded in 1981 in Cherry Hill, New Jersey, is a leader in the design, manufacture, and marketing of products predominantly used by semiconductor manufacturers for testing integrated circuits and wafer products. With a strong presence in the global semiconductor industry, inTEST is renowned for its exceptional service and technical support worldwide.

The company offers a diverse range of product lines such as test head manipulators, docking hardware, tester interfaces, and thermal test systems. These products are essential for the rigorous testing processes required by semiconductor manufacturers to ensure the reliability and functionality of their devices.

inTEST Corporation operates through three main segments: Electronic Test, Environmental Technologies, and Process Technologies. The Electronic Test segment includes semiconductor test equipment, flying probes, and in-circuit testers. The Environmental Technologies segment covers thermal testing, process control, and storage products. The Process Technologies segment features induction heating and video imaging solutions.

Since its initial public offering in 1997, inTEST has utilized its capital to drive internal growth and expand its market presence through strategic acquisitions. Notable acquisitions include TestDesign Corporation in 1998, Temptronic Corporation in 2000, and Thermonics Inc. in 2012. These acquisitions have bolstered inTEST's capabilities and product offerings, allowing them to better serve their diverse customer base.

inTEST Corporation's commitment to innovation and customer satisfaction has led to its prominence in various markets beyond semiconductors. These markets include automotive, defense/aerospace, industrial, medical, and telecommunications. By providing high-quality test and process solutions, inTEST continues to support the development and manufacturing processes of its clients worldwide.

Stay updated with the latest news and announcements from inTEST Corporation to understand their financial performance, new projects, and significant achievements. With their dedication to excellence and continuous improvement, inTEST Corporation remains a key player in the global market for test and process solutions.

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.66%
Tags
-
Rhea-AI Summary
inTEST Corporation to release Q3 2023 financial results and host conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.92%
Tags
-
Rhea-AI Summary
inTEST Corporation announces relocation of its electronic circuit and electric vehicle battery automated test equipment operations to a new facility in Markham, Ontario.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
Tags
none
Rhea-AI Summary
inTEST Corporation to present at LD Micro Main Event XVI Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.92%
Tags
conferences
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.1%
Tags
Rhea-AI Summary
inTEST Corporation has been awarded two orders worth over $3.0 million dollars to provide induction heating technology by Ambrell® for a welding preheating application. The utility/energy industry customer is replacing its natural gas preheating system with Ambrell’s electric induction heating systems to preheat metal in preparation for welding. Shipments are expected in the latter half of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.29%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.44%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.92%
Tags
none
Rhea-AI Summary
inTEST Corporation has initiated an at-the-market equity offering program for the sale of up to $20 million of the Company’s common stock. The program allows the Company to sell shares directly into the market at prevailing market prices. Lake Street Capital Markets LLC will serve as the sales agent, and Northland Securities, Inc. will be the co-agent.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.6%
Tags
none

FAQ

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

The current stock price of inTEST Corporation (INTT) is $7.68 as of December 20, 2024.

What is the market cap of inTEST Corporation (INTT)?

The market cap of inTEST Corporation (INTT) is approximately 93.1M.

What does inTEST Corporation do?

inTEST Corporation designs, manufactures, and markets products used primarily by semiconductor manufacturers for testing integrated circuits and wafer products.

When was inTEST Corporation founded?

inTEST Corporation was founded in 1981.

What are the main segments of inTEST Corporation?

inTEST operates through three main segments: Electronic Test, Environmental Technologies, and Process Technologies.

What products does inTEST Corporation offer?

inTEST offers test head manipulators, docking hardware, tester interfaces, thermal test systems, and more.

Where is inTEST Corporation headquartered?

inTEST Corporation is headquartered in Cherry Hill, New Jersey.

What markets does inTEST Corporation serve?

inTEST serves semiconductor, automotive, defense/aerospace, industrial, medical, and telecommunications markets.

When did inTEST Corporation go public?

inTEST Corporation conducted its initial public offering in 1997.

What were some notable acquisitions by inTEST Corporation?

Notable acquisitions include TestDesign Corporation in 1998, Temptronic Corporation in 2000, and Thermonics Inc. in 2012.

Does inTEST Corporation operate globally?

Yes, inTEST Corporation operates and sells its products both domestically and internationally.

How can I stay updated with the latest news from inTEST Corporation?

You can stay updated with the latest news and announcements from inTEST Corporation on their official website and through various financial news platforms.

inTEST Corporation

NYSE:INTT

INTT Rankings

INTT Stock Data

93.10M
11.20M
9.47%
59.22%
0.96%
Semiconductor Equipment & Materials
Instruments for Meas & Testing of Electricity & Elec Signals
Link
United States of America
MT. LAUREL