Buy Or Sell Opportunity • Aug 14
Now 21% overvalued Over the last 90 days, the stock has fallen 26% to €11.50. The fair value is estimated to be €9.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings are also forecast to grow by 40% per annum over the same time period. Reported Earnings • Aug 11
Second quarter 2026 earnings released: EPS: US$0.038 (vs US$0.041 loss in 2Q 2025) Second quarter 2026 results: EPS: US$0.038 (up from US$0.041 loss in 2Q 2025). Revenue: US$35.3m (up 26% from 2Q 2025). Net income: US$474.0k (up US$977.0k from 2Q 2025). Profit margin: 1.3% (up from net loss in 2Q 2025). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Anuncio • Aug 11
InTest Corporation Provides Earnings Guidance for the Third Quarter of 2026 InTest Corporation provided earnings guidance for the third quarter of 2026. For the quarter, the company expects revenue to be between $33.0 million to $35.0 million. Anuncio • Jun 19
InTest Corporation Approves the Election of Karl E. Johnsen to the Board of Directors On June 17, 2026, at the 2026 Annual Meeting of Stockholders (the “ Annual Meeting ”) of InTest Corporation (the “ Company ”), the stockholders approved the election of Karl E. Johnsen to the board of directors. New Risk • Jun 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risk Large one-off items impacting financial results. Anuncio • Apr 30
InTest Corporation, Annual General Meeting, Jun 17, 2026 InTest Corporation, Annual General Meeting, Jun 17, 2026. Anuncio • Apr 28
InTest Corporation to Report Q1, 2026 Results on May 05, 2026 InTest Corporation announced that they will report Q1, 2026 results Pre-Market on May 05, 2026 Anuncio • Feb 27
inTEST Corporation Provides Earnings Guidance for the First Quarter and Full Year 2026 inTEST Corporation provided earnings guidance for the first quarter and full year 2026. for the quarter, the company expects revenue to be $31 million to $33 million.
for the year, the company expects revenue to be between $125 million to $130 million. Anuncio • Feb 13
inTEST Corporation to Report Q4, 2025 Results on Feb 27, 2026 inTEST Corporation announced that they will report Q4, 2025 results Pre-Market on Feb 27, 2026 Anuncio • Nov 05
inTEST Corporation Provides Earnings Guidance for the Fourth Quarter of 2025 inTEST Corporation provided earnings guidance for the fourth quarter of 2025. for the quarter, the company expects revenue to be $30 million to $32 million. Anuncio • Oct 23
inTEST Corporation to Report Q3, 2025 Results on Nov 05, 2025 inTEST Corporation announced that they will report Q3, 2025 results Pre-Market on Nov 05, 2025 Anuncio • Aug 06
inTest Corporation Provides Earnings Guidance for the Third Quarter 2025 inTEST Corporation provided earnings guidance for the third quarter 2025. For the quarter, revenue is forecasted to be $28 million to $30 million. Anuncio • Jul 24
inTEST Corporation to Report Q2, 2025 Results on Aug 06, 2025 inTEST Corporation announced that they will report Q2, 2025 results Pre-Market on Aug 06, 2025 Anuncio • Jun 12
Intest Corporation Announces Appointment of Richard Rogoff as President of Its Environmental Technologies Division, Effective June 11, 2025 InTest Corporation announced the appointment of Richard Rogoff as President of its Environmental Technologies Division, effective June 11, 2025. He succeeds Michael Tanniru, who is departing the Company to pursue other opportunities. Mr. Rogoff joined InTest in 2021 and has served as Vice President of Corporate Development, where he has led the Company’s M&A strategy and Sustainability initiatives. His demonstrated knowledge of the business, combined with extensive experience in growth-focused leadership roles, makes him well-suited to drive execution in the Environmental Technologies Division and support InTest’s continued momentum across its core markets. Anuncio • May 02
inTEST Corporation Provides Earnings Guidance for the Second Quarter 2025 inTEST Corporation provided earnings guidance for the second quarter 2025. For the quarter, revenue is forecasted to be $27 million to $29 million. Anuncio • Apr 29
inTEST Corporation, Annual General Meeting, Jun 18, 2025 inTEST Corporation, Annual General Meeting, Jun 18, 2025. Anuncio • Apr 18
inTEST Corporation to Report Q1, 2025 Results on May 02, 2025 inTEST Corporation announced that they will report Q1, 2025 results Pre-Market on May 02, 2025 Anuncio • Mar 08
inTEST Corporation Provides Earnings Guidance for the First Quarter and Full Year of 2025 inTEST Corporation provided earnings guidance for the first quarter and full year of 2025. First quarter 2025 revenue is forecasted to be $27 million to $29 million with gross margin of approximately 41% and operating expenses of $13.6 million to $14.0 million, which excludes approximately $0.2 million in Videology related restructuring expenses and reflects the typical higher levels in the first quarter. The Company’s expectations for the quarter reflect recent customer delivery pushouts of orders in backlog to the latter half of the year as well as the slowing receipt of orders due to the uncertainty in end markets as a result of recent and impending tariffs.
Given the Company’s cautious outlook for 2025, the company expects full year 2025 revenue to be approximately $125 million to $135 million and expect profitability to gradually improve throughout the year. Amortization expense for 2025 is expected to be $3.4 million. The effective tax rate for the year is expected to be approximately 18%. Capital expenditures for 2025 are planned to be approximately 1% to 2% of revenue. Anuncio • Mar 07
inTEST Corporation (NYSEAM:INTT) announces an Equity Buyback for $10 million worth of its shares. inTEST Corporation (NYSEAM:INTT) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares. The program is intended to provide the company with an effective mechanism for capital management. The company expects to fund the program by using existing cash and cash equivalents and future cash flows. As on October 31, 2024, the company had approximately 12,400,000 shares of common stock outstanding. Anuncio • Feb 21
inTEST Corporation to Report Q4, 2024 Results on Mar 07, 2025 inTEST Corporation announced that they will report Q4, 2024 results Pre-Market on Mar 07, 2025 Anuncio • Jan 15
inTEST Corporation Expands Distributor Channels to Broaden Geographic Reach and Increase Target Market Share inTEST Corporation announced the addition of two key distributor partners that provide expanded geographic reach and bring deep customer relationships in the markets they serve. The inTEST Electronic Test division executed a strategic agreement with General Bussan Co. Ltd., a leading distributor and manufacturers' representative for the semiconductor industry in Japan. Under the agreement, General Bussan will serve as the exclusive distributor in Japan of inTEST EMS Products engineered solutions, promoting the Company's electrical interface, manipulator and docking solutions throughout the country. inTEST Environmental Technologies has partnered with Prodigy Processing Solutions to be its preferred distributor of its inTEST Thermal Solutions (iTS) Thermonics®? Ultra-Low Temperature and Cryogenic Chillers across the cannabis and hemp processing industries. Anuncio • Nov 02
inTEST Corporation Provides Earnings Guidance for the Fourth Quarter 2024 and Tightens Earnings Guidance for the Full Year 2024 inTEST Corporation provided earnings guidance for the fourth quarter 2024 and tightened earnings guidance for the full year 2024. For the quarter, the company's revenue to be $34 million to $37 million.
For the quarter, the company's revenue to be $128 million to $131 million. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$0.041 (vs US$0.19 in 3Q 2023) Third quarter 2024 results: EPS: US$0.041 (down from US$0.19 in 3Q 2023). Revenue: US$30.3m (down 2.2% from 3Q 2023). Net income: US$495.0k (down 78% from 3Q 2023). Profit margin: 1.6% (down from 7.4% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Anuncio • Oct 25
inTEST Corporation to Report Q3, 2024 Results on Nov 01, 2024 inTEST Corporation announced that they will report Q3, 2024 results Pre-Market on Nov 01, 2024 Recent Insider Transactions • Aug 16
Independent Chairman of the Board recently bought €67k worth of stock On the 14th of August, Joseph Dews bought around 11k shares on-market at roughly €6.17 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Joseph's only on-market trade for the last 12 months. Reported Earnings • Aug 04
Second quarter 2024 earnings released: EPS: US$0.019 (vs US$0.25 in 2Q 2023) Second quarter 2024 results: EPS: US$0.019 (down from US$0.25 in 2Q 2023). Revenue: US$34.0m (up 4.4% from 2Q 2023). Net income: US$230.0k (down 92% from 2Q 2023). Profit margin: 0.7% (down from 8.6% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Semiconductor industry in Germany. Anuncio • Aug 02
inTEST Corporation Updates Earnings Guidance for the Year 2024 inTEST Corporation updated earnings guidance for the year 2024. For the year, the company now expects Revenue of $128 million to $133 million against previous guidance of $140 million to $150 million. Anuncio • Jul 26
inTEST Corporation to Report Q2, 2024 Results on Aug 02, 2024 inTEST Corporation announced that they will report Q2, 2024 results Pre-Market on Aug 02, 2024 Anuncio • Jun 18
Intest Corporation Launches Innovative Hover Sense Non-Contact Probe Testing Technology for Electric Vehicle Battery Testing inTEST Corporation announced the launch of its Electronic Test Division’s latest innovation for electric vehicle (EV) battery testing technology. The Acculogic patent-pending hover sense non-contact technology represents a significant leap forward in validating the quality and reliability of EV battery interconnects. EVs rely heavily on the efficiency and dependability of their battery systems. The systems include numerous cell interconnects that are critical to the battery's overall performance and affect everything from power output to charge times. inTEST’s Acculogic hover sense non-contact probe module utilizes cutting-edge advanced magnetic field measurement techniques to evaluate battery interconnect quality without any physical contact. Advantages with the non-contact technology include: Eliminating the risk of surface degradation and probe markings, Providing complete test coverage without requiring direct access to the battery’s anode or cathode, and Accelerating test throughput by enabling parallel testing with multi-sensor fixtures. Acculogic’s hover sense non-contact probe module can be incorporated into the Stingray EVO500 Battery Tester, allowing battery manufacturers to quickly, reliably, and cost-effectively test battery module interconnects. The Stingray test platform has repeatedly proven its value with more than ten years of production use and hundreds of thousands of battery arrays tested. Board Change • Jun 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. President, CEO & Director Nick Grant was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Anuncio • Apr 30
Intest Corporation Launches Leading-Edge Benchtop Temperature Test System inTEST Corporation announced the latest in benchtop temperature test systems for electronics and semiconductor thermal testing. The Temptronic RapidTemp™ BT28 ThermoStream® is a portable, compact, powerful system that delivers clean dry air for precision temperature testing or conditioning of electronics and materials with a broad temperature range, high accuracy, and rapid transitions. The RapidTemp™ BT28 ThermoStream® provides top-tier performance in a small package. Extreme Temperature Control: Achieve precise and reliable temperature control across with the widest temperature ranges (-28° to +225°C) and highest airflow rates available in a benchtop test system. ECO-Stream Design: Engineered to be smaller, quieter, and more energy-efficient, enhancing user experience while minimizing environmental impact. Space-Saving Brilliance: Designed to test devices quickly and accurately. Maximize workspace while delivering industry leading thermal capacity. SwiftTherm™ Technology: Accelerate product development and manufacturing timelines with lightning-fast temperature transitions. Detachable Touchscreen Interface: Enjoy the ease and convenience of a touchscreen that can be placed wherever need it with a 9-foot-long remote cable. Anuncio • Apr 28
inTEST Corporation, Annual General Meeting, Jun 20, 2024 inTEST Corporation, Annual General Meeting, Jun 20, 2024, at 11:00 US Eastern Standard Time. Agenda: To consider Election of directors; to consider Ratification of the appointment of RSM US LLP as independent registered public accounting firm for the year ending December 31, 2024; to consider Approval, on an advisory basis, of the compensation of named executive officers; and; to consider Such other business as may properly be brought before the meeting or any adjournment thereof. Anuncio • Apr 23
inTEST Corporation to Report Q1, 2024 Results on May 06, 2024 inTEST Corporation announced that they will report Q1, 2024 results After-Market on May 06, 2024 Anuncio • Mar 28
inTEST Corporation Provides Earnings Guidance for the First Quarter of 2024 and Full Year 2024 inTEST Corporation provided earnings guidance for the first quarter of 2024 and full year 2024. Revenue for the first quarter of 2024 is expected to be approximately $29 million with gross margin of approximately 45% to 46%. First quarter 2024 estimated EPS is now expected to be approximately $0.06. For the year 2024, the company expected revenue to be $145 million to $155 million and Gross margin to be 45% to 46%. Anuncio • Mar 17
inTEST Corporation announced delayed annual 10-K filing On 03/15/2024, inTEST Corporation announced that they will be unable to file their next 10-K by the deadline required by the SEC. Anuncio • Mar 13
inTEST Corporation Updates Earnings Guidance for the Full Year 2024 inTEST Corporation updated earnings guidance for the full year 2024. For the period, Company expects revenue to be in the range of $145 million to $155 million. Anuncio • Mar 01
inTEST Corporation Provides Earnings Guidance for the Fourth Quarter of 2023, the First Quarter of 2024 and the Full Year of 2024 inTEST Corporation provided earnings guidance for the fourth quarter of 2023, the first quarter of 2024 and the full year of 2024. Fourth quarter 2023 revenue is expected to be approximately $28.4 million with net earnings of approximately $1.7 million, or $0.14 per diluted share. Revenue for the first quarter of 2024 is expected to be in the range of $28 million to $30 million with a gross margin of approximately 46%. First quarter 2024 earnings per diluted share is expected to be in the range of $0.08 to $0.13.Revenue for full-year 2024 is expected to be in the range of $125 million to $130 million. Anuncio • Feb 16
inTEST Corporation to Report Q4, 2023 Results on Mar 01, 2024 inTEST Corporation announced that they will report Q4, 2023 results Pre-Market on Mar 01, 2024 Anuncio • Jan 16
inTEST Corporation Announces Executive Changes inTEST Corporation announced the appointment of Michael Goodrich to the position of President, Process Technologies Division. Mr. Goodrich is a global technology leader with proven experience leading international cross-function teams in technology and manufacturing organizations. Most recently, Mr. Goodrich was Vice President of Operations with Vixar Inc, a subsidiary of asm OSRAM. Previous to that he was President of GBS, LLC providing strategic and process improvement advisory services to technology and manufacturing business. Mr. Goodrich spent over 20 years of his career at Rudoph Technologies where he progressively advanced to roles of greater responsibility. He began his career with August Technology which was later acquired by Rudolph where he was tasked with creating the customer support department. He ultimately rose to Vice President and General Manager and managed several cross functional strategic relationships while overseeing several major product launches and revenue growth of over 60%. He began his career as a technical support engineer at several technology companies. A graduate of DeVry Institute of Technology where Mr. Goodrich earned a B.S. in Electronics Engineering Technology, he also earn his M.B.A. at the University of St. Thomas. Mr. Goodrich succeeds Scott Nolen who will be pursuing other opportunities. Board Change • Jan 05
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. President, CEO & Director Nick Grant was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Anuncio • Dec 15
InTEST Corporation Launches Next Generation of Induction Heating Systems inTEST Corporation announced the introduction of its all-new EKOHEAT 2 induction heating products by Ambrell. The EKOHEAT 2 offering is the next generation and evolution of Ambrell's renowned VPA Technology. The EKOHEat 2 product family was engineered with an innovative, internal control and power delivery system, Advanced Internal Monitoring™?, an industry exclusive. Included with this proprietary monitoring system is a newly designed, intuitive touchscreen with an expansive suite of diagnostics and on-board help videos, as well as user manuals in multiple languages. EKOHEAT 2 with Advanced Internal Monitoring enhances process heating accuracy and reduces system cooling requirements. Additionally, by applying the latest semiconductor technologies into EKOHEAT 2 products, the control and monitoring of output voltage, power and residual frequency are all digitized, improving process heating efficiencies and responsiveness. Orders for EKOHEAT 2 products can be placed on December 14, 2023 with delivery as early as April 2024. The initial family of products includes six models with maximum output ranging from 20 kW to 50 kW over frequencies from 5 kHz to 40 kHz. Additional EKOHEAT 2 models with expanded feature sets will be introduced throughout 2024. Anuncio • Nov 29
inTEST Corporation (NYSEAM:INTT) announces an Equity Buyback for $10 million worth of its shares. inTEST Corporation (NYSEAM:INTT) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares. The program is intended to provide the company with an effective mechanism for capital management. The company expects to fund the program by using existing cash and cash equivalents and future cash flows. As on October 31, 2023, the company had approximately 12,200,000 shares of common stock outstanding. Anuncio • Nov 05
inTEST Corporation Revises Earnings Guidance for the Full Year of 2023 inTEST Corporation revised earnings guidance for the full year of 2023. For the period, the company expects revenue of $125 million to $127 million as compared to $127 million to $131 million forecasted previously. Anuncio • Nov 04
inTEST Corporation Provides Guidance Earnings Guidance for the Fourth Quarter of 2023 inTEST Corporation provided guidance earnings guidance for the fourth quarter of 2023. For the quarter, the company expected to be approximately $28 million to $30 million with gross margin of approximately 45%.Net interest income for the fourth quarter is expected to be similar to the third quarter. Fourth quarter 2023 estimated EPS is expected to be in the range of $0.08 to $0.13, while fourth quarter estimated adjusted EPS (Non-GAAP)(2) is expected to be in the range of $0.12 to $0.17. Anuncio • Oct 20
inTEST Corporation to Report Q3, 2023 Results on Nov 03, 2023 inTEST Corporation announced that they will report Q3, 2023 results Pre-Market on Nov 03, 2023 Anuncio • Oct 06
inTEST Upgrades Facility for Electronic Circuit and Electric Vehicle Battery Testing Operations inTEST Corporation announced it has moved the design, development and manufacturing operations of its electronic circuit and electric vehicle battery automated test equipment, inTEST Acculogic, to a new facility in Markham, Ontario from its previous three different locations. The new space provides 25,000 square feet of contiguous space with superior utility infrastructure and a modern office complex that is expected to improve operational efficiencies and enhance custom service. Board Change • Sep 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. President, CEO & Director Nick Grant was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €15.70, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 66% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €28.78 per share. Anuncio • Aug 06
inTEST Corporation Provides Earnings Guidance for the Period the Full Year of 2023 inTEST Corporation provides earnings guidance for the period the full year of 2023. For the period, The company expects revenue $127 million to $131 million compared to the Previous Guidance of $125 million to $130 million. Reported Earnings • Aug 06
Second quarter 2023 earnings released: EPS: US$0.25 (vs US$0.20 in 2Q 2022) Second quarter 2023 results: EPS: US$0.25 (up from US$0.20 in 2Q 2022). Revenue: US$32.6m (up 10% from 2Q 2022). Net income: US$2.79m (up 32% from 2Q 2022). Profit margin: 8.6% (up from 7.2% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Semiconductor industry in Germany. Anuncio • Aug 05
inTEST Corporation Provides Earnings Guidance for the Third Quarter of 2023 inTEST Corporation provides earnings guidance for the third quarter of 2023. For the quarter, the company estimated EPS is expected to be in the range of $0.20 to $0.24. Anuncio • Jul 23
inTEST Corporation to Report Q2, 2023 Results on Aug 04, 2023 inTEST Corporation announced that they will report Q2, 2023 results Pre-Market on Aug 04, 2023 Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €19.70, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 210% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €20.36 per share. Recent Insider Transactions • Jun 15
Independent Chairman of the Board recently sold €274k worth of stock On the 12th of June, Joseph Dews sold around 11k shares on-market at roughly €24.39 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Joseph's only on-market trade for the last 12 months. New Risk • Jun 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Shareholders have been diluted in the past year (10.0% increase in shares outstanding). Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €22.60, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 218% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €15.73 per share. Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €20.20, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total returns to shareholders of 213% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €15.77 per share. Reported Earnings • May 07
First quarter 2023 earnings released: EPS: US$0.26 (vs US$0.054 in 1Q 2022) First quarter 2023 results: EPS: US$0.26 (up from US$0.054 in 1Q 2022). Revenue: US$31.9m (up 33% from 1Q 2022). Net income: US$2.82m (up 388% from 1Q 2022). Profit margin: 8.8% (up from 2.4% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Semiconductor industry in Germany. Anuncio • May 06
inTEST Corporation Provides Financial Guidance for the Second Quarter and Full Year 2023 inTEST Corporation provided financial guidance for the second quarter and full year 2023. Revenue for the second quarter of 2023 is expected to be in the range of $31 million to $33 million with gross margin of approximately 46%. EPS is expected to be in the range of $0.21 to $0.26. For the full year of 2023, the Company has held revenue expectations of $125 million to $130 million. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €16.60, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 92% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €18.97 per share. Reported Earnings • Mar 04
Full year 2022 earnings released: EPS: US$0.79 (vs US$0.70 in FY 2021) Full year 2022 results: EPS: US$0.79 (up from US$0.70 in FY 2021). Revenue: US$116.8m (up 38% from FY 2021). Net income: US$8.46m (up 16% from FY 2021). Profit margin: 7.2% (down from 8.6% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Semiconductor industry in Germany. Buying Opportunity • Jan 20
Now 22% undervalued Over the last 90 days, the stock is up 59%. The fair value is estimated to be €15.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 70%. Revenue is forecast to grow by 26% in 2 years. Earnings is forecast to grow by 106% in the next 2 years. Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improved over the past week After last week's 24% share price gain to €13.10, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 18% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €16.19 per share. Reported Earnings • Nov 17
Third quarter 2022 earnings released: EPS: US$0.24 (vs US$0.21 in 3Q 2021) Third quarter 2022 results: EPS: US$0.24 (up from US$0.21 in 3Q 2021). Revenue: US$30.8m (up 46% from 3Q 2021). Net income: US$2.52m (up 16% from 3Q 2021). Profit margin: 8.2% (down from 10% in 3Q 2021). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Semiconductor industry in Germany. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improved over the past week After last week's 16% share price gain to €9.65, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total loss to shareholders of 9.8% over the past year. Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: US$0.24 (vs US$0.21 in 3Q 2021) Third quarter 2022 results: EPS: US$0.24 (up from US$0.21 in 3Q 2021). Revenue: US$30.8m (up 46% from 3Q 2021). Net income: US$2.52m (up 16% from 3Q 2021). Profit margin: 8.2% (down from 10% in 3Q 2021). Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Semiconductor industry in Germany. Anuncio • Nov 05
inTEST Corporation Announces Earnings Guidance for the Fourth Quarter of 2022 inTEST Corporation announced earnings guidance for the fourth quarter of 2022. For the quarter, the company expected Revenue to be in the range of $30 million to $32 million with gross margin of approximately 45%. Fourth quarter guidance implies that the Company expects to deliver revenue at the high end of its original guidance provided for the year of $110 million to $115 million. EPS (GAAP) is expected to be in the range of $0.20 to $0.25. Anuncio • Sep 28
inTEST Corporation to Demonstrate Innovative SCAiLX Zoom Block Camera Technology At Vision 2022 in Stuttgart, Germany inTEST Corporation announced the introduction of its all-new SCAiLX Zoom Block cameras developed by Videology, an inTEST Company in the Process Technologies division. The Zoom Block camera with SCAiLX technology is a first-to-market product with custom AI (artificial intelligence) on the Edge platform. Videology will be demonstrating SCAiLX cameras at the upcoming Vision 2022 trade show in Stuttgart, Germany. The show will take place from October 4th to October 6th. Videology’s effort in Edge AI imaging solutions has culminated in the development of SCAiLX. Designed, engineered, and developed fully inhouse by Videology, SCAiLX is a technology breakthrough in product design architecture. SCAiLX is on a 42mm x 42mm NXP i.MX Plus or Mini SoM and has many connection capabilities. It comes with ideal SWaP and is highly cost effective. Paired with Videology’s 10x to 40x Zoom Block cameras, the SCAiLX AI on the Edge platform can be used in various industrial applications including ANPR/LPR, traffic/crowd monitoring, pipe inspection, robotic crawlers/UAVS/submersibles, and machine vision sorting/monitoring. SCAiLX Zoom Block cameras are scheduled to be available for customers in second quarter 2023 in limited quantities. Larger quantities are expected to be ready for delivery in the second half of 2023. Anuncio • Sep 08
inTEST Corporation to Highlight Automated Test Equipment and Induction Heating Technology for EV Batteries At the Battery Show North America inTEST Corporation announced will feature its solutions for Electric Vehicle (EV) OEMS, EV battery manufacturers and other battery technologies at The Battery Show North America, September 13 to 15, 2022. Acculogic STINGRAY EVO500 Battery Interconnect Test System; Learn more at Booth #1720 Attendees can explore how to better ensure the quality of battery arrays with the Acculogic STINGRAY flying probe tester. A cost-effective automated test platform with accelerated performance that offers a fast, accurate, and reliable test of battery array interconnections, the STINGRAY provides confidence in the battery technology that powers EVs. The tester consists of a set of interchangeable test heads with custom test pin configurations corresponding to the fixed grid pattern of the battery module under test. A robotic positioning system rapidly moves and lands the test heads over the battery array, taking accurate resistance measurements used to ascertain the quality of every interconnect in the module. Moreover, one tester can be used to test multiple battery array patterns.Ambrell's Induction Heating Technology Provides Accuracy, Energy Efficiency and Flexibility; Visit at Booth #1032 See the process at work with the Ambrell EASYHEAT induction heating system providing live demonstrations. Used in a broad variety of applications, induction heating can be the better solution for shrink fitting motor shafts into stators, brazing EV batteries, bonding magnets in electric motors, SiC crystal growth, bonding of body parts, curingbrake rotor coatings, metal-to-plastic insertion of steel inserts into car door handles, hardening/tempering of suspension parts, preheating overmolding for window trim and light assemblies and even brazing of connections in AC systems. Attendees can bring parts or drawings for a custom solution discussion and are also invited to send in their parts for free feasibility testing to THE LAB at Ambrell. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €8.10, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Semiconductor industry in Germany. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improved over the past week After last week's 17% share price gain to €9.40, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Semiconductor industry in Germany. Reported Earnings • Aug 06
Second quarter 2022 earnings released: EPS: US$0.20 (vs US$0.25 in 2Q 2021) Second quarter 2022 results: EPS: US$0.20 (down from US$0.25 in 2Q 2021). Revenue: US$29.6m (up 36% from 2Q 2021). Net income: US$2.12m (down 19% from 2Q 2021). Profit margin: 7.2% (down from 12% in 2Q 2021). Over the next year, revenue is forecast to grow 24%, compared to a 11% growth forecast for the industry in Germany. Anuncio • Aug 06
inTEST Corporation Provides Earnings Guidance for the Third Quarter and Full Year 2022 inTEST Corporation provided earnings guidance for the third quarter and full year 2022. For the quarter, the company expected revenue to be in the range of $29 million to $31 million EPS (GAAP) is expected to be in the range of $0.20 to $0.25.For the year, the company expected revenue to grow to approximately $110 million to $115 million, or 32% at the mid-point of the range over 2021. Anuncio • Jul 22
inTEST Corporation to Report Q2, 2022 Results on Aug 04, 2022 inTEST Corporation announced that they will report Q2, 2022 results After-Market on Aug 04, 2022 Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 20% share price gain to €7.75, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Semiconductor industry in Germany. Recent Insider Transactions • May 11
Independent Chairman of the Board recently bought €60k worth of stock On the 9th of May, Joseph Dews bought around 9k shares on-market at roughly €6.45 per share. This was the largest purchase by an insider in the last 3 months. This was Joseph's only on-market trade for the last 12 months. Reported Earnings • May 07
First quarter 2022 earnings released: EPS: US$0.054 (vs US$0.21 in 1Q 2021) First quarter 2022 results: EPS: US$0.054 (down from US$0.21 in 1Q 2021). Revenue: US$24.1m (up 23% from 1Q 2021). Net income: US$577.0k (down 74% from 1Q 2021). Profit margin: 2.4% (down from 11% in 1Q 2021). Over the next year, revenue is forecast to grow 30%, compared to a 15% growth forecast for the industry in Germany. Anuncio • May 02
inTEST Corporation, Annual General Meeting, Jun 22, 2022 inTEST Corporation, Annual General Meeting, Jun 22, 2022, at 11:00 Eastern Daylight. Agenda: To consider election, as directors, of the five nominees named in the accompanying proxy statement; to consider ratification of the appointment of RSM US LLP as independent registered public accounting firm for the year ending December 31, 2022; to consider approval, on an advisory basis, of the compensation of named executive officers; and to transact such other business as may properly be brought before the meeting or any adjournment thereof. Anuncio • Apr 22
inTEST Corporation to Report Q1, 2022 Results on May 06, 2022 inTEST Corporation announced that they will report Q1, 2022 results Pre-Market on May 06, 2022 Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €8.65, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Semiconductor industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €15.34 per share. Reported Earnings • Mar 08
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$0.70 (up from US$0.087 loss in FY 2020). Revenue: US$84.9m (up 58% from FY 2020). Net income: US$7.28m (up US$8.18m from FY 2020). Profit margin: 8.6% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 32%, compared to a 15% growth forecast for the industry in Germany. Anuncio • Mar 06
inTEST Corporation Provides Earnings Guidance for the First Quarter of 2022 and Full Year 2022 inTEST Corporation provided earnings guidance for the first quarter of 2022 and full year 2022. For the year 2022, the company expects revenue in 2022 to be in the range of $110 million to $115 million which represents growth of over 30% at the mid-point of the range. For the first quarter 2022, the company’s revenue is expected to be in the range of $23 million to $25 million. First quarter 2022 net earnings per diluted share (GAAP) is expected to be in the range of $0.04 to $0.09. Anuncio • Feb 18
inTEST Corporation to Report Q4, 2021 Results on Mar 04, 2022 inTEST Corporation announced that they will report Q4, 2021 results Pre-Market on Mar 04, 2022 Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improved over the past week After last week's 15% share price gain to €12.20, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 26x in the Semiconductor industry in Germany. Anuncio • Dec 22
inTEST Corporation (NYSEAM:INTT) completed the acquisition of Acculogic Inc. from Saeed Taheri. inTEST Corporation (NYSEAM:INTT) entered into a definitive agreement to acquire Acculogic Inc. from Saeed Taheri for CAD 11 million on December 9, 2021. Transaction will be financed with existing credit facility. Transaction is subject to satisfaction of customary closing conditions and expected to close within the next 30 days. Transaction is expects CAD 0.02 per diluted share accretion in 2022. Martin Schrier of Cozen O’Connor acted as legal advisor to inTEST Corporation. Stanley Kugelmass of Blaney McMurtry LLP acted as legal advisor to Saeed Taheri.
inTEST Corporation (NYSEAM:INTT) completed the acquisition of Acculogic Inc. from Saeed Taheri on December 21, 2021. Acculogic has approximately 50 employees and generates approximately 75% of its revenue in the defense/aerospace, automotive and life science markets. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €11.10, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 25x in the Semiconductor industry in Germany.