inTEST Reports 4% Revenue Growth for Second Quarter 2024
inTest Corporation (INTT)
Last intest corporation earnings: 2/28 07:00 am
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US:NASDAQ Investor Relations:
ir.intest.com/investor-relations
Company Research
Source: Business Wire
Revenue increased 4% year-over-year and 14% sequentially to a record $34.0 million due to the acquisition of AlfamationMarket diversification strategy helped to offset continued weakness in semiconductor industryOrders1 improved 15% sequentially to $26.2 million; excluding Alfamation, orders improved 10% sequentiallyEarnings per diluted share was $0.02 while adjusted earnings per diluted share2 was $0.08Rightsizing actions result in $1.2 million of annualized savings to be realized beginning in the third quarterAdjusts 2024 guidance to reflect ongoing market conditions MT. LAUREL, N.J.--(BUSINESS WIRE)--inTEST Corporation (NYSE American: INTT), a global supplier of innovative test and process technology solutions for use in manufacturing and testing in key target markets which include automotive/EV, defense/aerospace, industrial, life sciences, security, and semiconductor (“semi”), today announced financial results for the quarter ended June 30, 2024. Results include Alfamation S.p
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News
- inTEST Corporation to Webcast Presentation at the iAccess Alpha Virtual ConferenceBusiness Wire
- inTEST Corporation to Present at the Midwest IDEAS ConferenceBusiness Wire
- inTEST Co. (NYSE: INTT) was downgraded by analysts at Northland Capmk from a "strong-buy" rating to a "hold" rating.MarketBeat
- inTEST Co. (NYSE: INTT) was downgraded by analysts at Northland Securities from an "outperform" rating to a "market perform" rating.MarketBeat
- inTEST Corporation (INTT) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
INTT
Earnings
- 8/2/24 - Miss
INTT
Analyst Actions
- 8/5/24 - Northland Securities
INTT
Sec Filings
- 9/24/24 - Form SC
- 8/27/24 - Form 4
- 8/27/24 - Form 144
- INTT's page on the SEC website