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.
inTEST Corporation (NYSE American: INTT) will release its first quarter 2023 financial results on May 5, 2023, before the market opens. A conference call will be held at 8:30 a.m. ET on the same day to discuss the results and the company’s strategies and outlook. The call will include a question-and-answer session. Investors can access the conference call via phone or the company’s website. A replay will be available from 11:30 a.m. ET that day until May 12, 2023. inTEST specializes in test and process solutions for various sectors including automotive, defense, and semiconductor manufacturing, leveraging a strong engineering background to drive growth and profitability.
inTEST Corporation (NYSE American: INTT) announced a partnership between its subsidiary, inTEST Thermal Solutions, and Stellar Scientific. This collaboration aims to distribute inTEST’s Ultra-Low Temperature (ULT) biomedical freezers, enhancing opportunities in the U.S. government market through Stellar's General Services Administration (GSA) contract. The North Sciences ULT freezers are crucial for preserving biomedical samples at -86°C, ensuring research integrity. Leaders from both companies expressed optimism about expanding their reach and offerings, particularly within the life sciences and defense sectors. This initiative aligns with inTEST's strategic focus on innovative solutions in critical temperature control.
inTEST Corporation (NYSE American: INTT) announced its participation in the Sidoti Small Cap Conference on March 23, 2023. The presentation will be led by Nick Grant, President & CEO, and Duncan Gilmour, CFO, starting at 10:00 a.m. Eastern Time. A live webcast, along with presentation materials, will be accessible on their investor relations website. inTEST specializes in innovative test and process solutions for various sectors, including automotive, defense, industrial, and semiconductor manufacturing.
inTEST Corporation (NYSE American: INTT) reported record fourth quarter revenue of $32.4 million, a 45% increase, and full year revenue of $116.8 million, up 38% compared to the prior year. Fourth quarter earnings per diluted share were $0.30, with $31.3 million in orders, marking a 3% increase. The company anticipates Q1 2023 revenue between $30 million and $32 million, and full year 2023 revenue of $125 million to $130 million. The growth was supported by strong demand in semiconductor, automotive, defense, and life sciences sectors, alongside successful integration of acquisitions.
inTEST Corporation (NYSE American: INTT) reported preliminary unaudited results for Q4 and FY 2022, highlighting a substantial revenue growth. Q4 revenue is anticipated at
inTEST Corporation (NYSE American: INTT), a leader in innovative test and process solutions, announced participation in the Allied Global Partners Tech Conference on February 16. The company’s President & CEO, Nick Grant, and CFO, Duncan Gilmour, will be available for investor meetings. inTEST operates across diverse sectors including automotive, defense, industrial, life sciences, and semiconductor manufacturing, leveraging extensive engineering expertise to solve complex challenges. With a focus on organic growth and acquisitions, inTEST aims to expand its market reach and innovative technologies.
inTEST Corporation (NYSE American: INTT) has partnered with Traceable, an Antylia Scientific Company, to integrate its TraceableLIVE® cloud service into North Sciences Ultra-Low Temperature (ULT) biomedical freezers. This addition will enable remote monitoring of critical temperatures, enhancing sample security for medical and research labs. The freezers, capable of -86°C storage, are designed to protect samples and research integrity. This collaboration aims to provide a modern solution for researchers, ensuring peace of mind regarding sample safety.
inTEST Corporation (NYSE American: INTT) announced that President & CEO Nick Grant and CFO Duncan Gilmour will present at the Southwest IDEAS Conference in Dallas, TX on November 16, 2022, at 11:00 a.m. Central Time. The event will be webcast live, and a replay will be available on the company's investor relations website. inTEST is known for providing innovative test and process solutions across several key markets, including automotive, aerospace, and semiconductor manufacturing, driven by their engineering expertise and operational excellence.
inTEST Corporation reported record revenue for the second consecutive quarter, achieving a 46% year-over-year increase. Organic revenue rose 23%, with orders growing 55% to $32.7 million. Backlog also hit a record $47.9 million. Net income climbed 16% to $2.5 million, with diluted EPS increasing 15% to $0.23. Despite supply chain challenges, the company anticipates 2022 revenue at the higher end of $110 million to $115 million. Demand remains strong in key markets, notably semiconductor and life sciences, bolstered by recent acquisitions.
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