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Earnings
inTEST reports Q2 adj. EPS (4c), consensus (3c) » 17:50
08/06/20
08/06
17:50
08/06/20
17:50
INTT

inTEST

$4.38 /

-0.07 (-1.57%)

Reports Q2 revenue…

Reports Q2 revenue $13.3M, consensus $12.03M. Commenting on the company's second quarter financial results, inTEST CFO and interim CEO Hugh Regan noted, "Our results for the quarter exceeded expectations, resulting in both revenue and profitability growth. While the overall environment continues to be challenging, largely in light of the COVID-19 pandemic resurgence, we are seeing positive signs in the markets we serve, particularly as they relate to semiconductor manufacturers. Our semiconductor related revenues increased 37% compared to the first quarter of 2020. Consolidated revenues increased 18% sequentially, and were 2% above our guidance and 10% above consensus estimates. Non-GAAP adjusted net earnings per diluted share increased from a loss of $0.08 per share in the first quarter of 2020 to earnings of $0.05 for the 2020 second quarter."

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INTT inTEST
$4.38 /

-0.07 (-1.57%)

INTT inTEST
$4.38 /

-0.07 (-1.57%)

05/11/20 Lake Street
inTEST investors should be encouraged by results, guidance, says Lake Street
03/02/20 Lake Street
inTEST price target lowered to $6 from $7 at Lake Street
INTT inTEST
$4.38 /

-0.07 (-1.57%)

Hot Stocks
inTEST CEO James Pelrin resigns, Richard Grant succeeds » 17:46
08/06/20
08/06
17:46
08/06/20
17:46
INTT

inTEST

$4.38 /

-0.07 (-1.57%)

inTEST announced the…

inTEST announced the appointment of Richard Grant as its new president and CEO, effective August 24. Grant will succeed James Pelrin, who has resigned from inTEST after 19 years of service. Grant is also expected to become a member of inTEST's board on the effective date of his appointment to fill the vacancy on the board that is left by Pelrin's departure. Grant joins inTEST from ABB where he has been SVP Americas Region of the Industrial Automation Measurement and Analytics Division.

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INTT inTEST
$4.38 /

-0.07 (-1.57%)

INTT inTEST
$4.38 /

-0.07 (-1.57%)

05/11/20 Lake Street
inTEST investors should be encouraged by results, guidance, says Lake Street
03/02/20 Lake Street
inTEST price target lowered to $6 from $7 at Lake Street
INTT inTEST
$4.38 /

-0.07 (-1.57%)

Over a quarter ago
Hot Stocks
inTEST announces change of location for Annual Meeting » 09:04
06/05/20
06/05
09:04
06/05/20
09:04
INTT

inTEST

$3.52 /

+0.135 (+3.99%)

inTEST Corporation…

inTEST Corporation announced a change in the location for the Company's 2020 Annual Meeting of Stockholders by the filing of additional proxy materials with the Securities and Exchange Commission. In order to mitigate potential risks to the health and safety of the Company's stockholders, employees, Board of Directors and surrounding communities during the COVID-19 pandemic, inTEST will hold its Annual Meeting on Wednesday, June 24, 2020 at 11:00 a.m. Eastern Daylight Time, as previously scheduled, in a virtual-only format, via live audio webcast.

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INTT inTEST
$3.52 /

+0.135 (+3.99%)

INTT inTEST
$3.52 /

+0.135 (+3.99%)

05/11/20 Lake Street
inTEST investors should be encouraged by results, guidance, says Lake Street
03/02/20 Lake Street
inTEST price target lowered to $6 from $7 at Lake Street
INTT inTEST
$3.52 /

+0.135 (+3.99%)

Recommendations
inTEST investors should be encouraged by results, guidance, says Lake Street » 08:52
05/11/20
05/11
08:52
05/11/20
08:52
INTT

inTEST

$3.48 /

+0.36 (+11.54%)

Lake Street analyst…

Lake Street analyst Jaeson Schmidt believes investors should be encouraged based on inTEST's earnings report and "solid" Q2 outlook that the company seems to be navigating the current environment relatively successfully. Following the company's Q1 earnings report, he sees an attractive risk/reward opportunity and keeps a Buy rating and $6 price target on inTEST shares.

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INTT inTEST
$3.48 /

+0.36 (+11.54%)

03/02/20 Lake Street
inTEST price target lowered to $6 from $7 at Lake Street
Earnings
inTEST reports Q1 adjusted EPS (8c), consensus (9c) » 06:07
05/08/20
05/08
06:07
05/08/20
06:07
INTT

inTEST

$3.22 /

+0.03 (+0.94%)

Reports Q1 revenue…

Reports Q1 revenue $11.23M, consensus $11.43M.

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INTT inTEST
$3.22 /

+0.03 (+0.94%)

03/02/20 Lake Street
inTEST price target lowered to $6 from $7 at Lake Street
Hot Stocks
inTEST offices operational, deemed 'critical and essential business operations' » 06:34
04/22/20
04/22
06:34
04/22/20
06:34
INTT

inTEST

$2.88 /

-0.05 (-1.71%)

inTEST's corporate…

inTEST's corporate offices and business units are operational and have been deemed 'critical and essential business operations' under the various governmental COVID-19 mandates. The company is taking all precautions to ensure the safety of its employees, customers, and business partners, while continuing to provide worldwide sales, service and support. On April 10, inTEST closed on a $7.5M working capital line of credit with M&T Bank. This line was put in place to provide the company with additional working capital financing capability in response to the current business environment, as a result of the COVID-19 pandemic. In addition to the working capital line, inTEST has been approved for Paycheck Protection Program loans under the Coronavirus Aid, Relief, and Economic Security Act totaling $2.8M to support employee retention during the pandemic.

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INTT inTEST
$2.88 /

-0.05 (-1.71%)

03/02/20 Lake Street
inTEST price target lowered to $6 from $7 at Lake Street
Recommendations
inTEST price target lowered to $6 from $7 at Lake Street » 09:02
03/02/20
03/02
09:02
03/02/20
09:02
INTT

inTEST

$4.99 /

-0.26 (-4.95%)

Lake Street analyst…

Lake Street analyst Jaeson Schmidt lowered the firm's price target on inTEST to $6 from $7 and maintains a Buy rating on the shares. The company's Q1 revenue and earnings guidance fell well short of estimates which is largely the result of continued softness in the semi market, Schmidt tells investors in a research note. While disappointed in the Q1 guidance, the analyst still believesi nTEST can drive meaningful top and bottom line growth longer-term.

Earnings
inTEST sess Q1 adj. EPS (4c)-(11c), consensus 5c » 07:09
02/28/20
02/28
07:09
02/28/20
07:09
INTT

inTEST

$5.25 /

+0.03 (+0.57%)

Sees Q1 revenue…

Sees Q1 revenue $11M-$12.5M, consensus $14.69M. "Our guidance reflects the continued softness in the analog production test sector as well as the evolving uncertainty surrounding the coronavirus outbreak," noted CEO James Pelrin. "We are closely monitoring this outbreak and its impact on our customers and our operating results. While Semi market related variabilities are an inherent aspect of our business, we are confident in our long-term diversification strategy of maximizing our Semi business while expanding inTEST's Multimarket footprint. Our customer base continues to grow, testament to the value of our technologies and the demand for our products. We continue to strive to excel with our capabilities to deliver precision-engineered thermal, mechanical and electronic solutions, and believe we are well positioned to participate as the semiconductor industry rebounds."

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Earnings
inTEST reports Q4 adj. EPS 10c, consensus 7c » 07:07
02/28/20
02/28
07:07
02/28/20
07:07
INTT

inTEST

$5.25 /

+0.03 (+0.57%)

Reports Q4 revenue…

Reports Q4 revenue $13.6M, consensus $14.45M. inTEST President & CEO James Pelrin commented, "Fourth quarter results reflect the challenging headwinds our semiconductor customers continue to experience. Consolidated net revenues were below our expectations, due primarily to continued weakness in the analog production test portion of our semiconductor business. Despite the reduction in revenue, gross margin and GAAP EPS were both within guidance; and with our continued focus on operational efficiency as well as cost controls, we delivered favorable GAAP net earnings per diluted share. A major driver of our Thermal business is the defense/aerospace industry; and we are seeing an uptick across many applications including front-end related Semiconductors, specifically silicon carbide related crystal growth and deposition."

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Earnings
inTEST sees Q4 adj. EPS 7c-11c, consensus 9c » 07:07
11/08/19
11/08
07:07
11/08/19
07:07
INTT

inTEST

$5.43 /

+0.06 (+1.12%)

Sees Q4 revenue…

Sees Q4 revenue $14M-$15M, consensus $15.68M.

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INTT inTEST
$5.43 /

+0.06 (+1.12%)

02/08/19 Lake Street
inTEST initiated with a Buy at Lake Street
12/28/18 Dawson James
inTEST initiated with a Buy at Dawson James

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