intest corporation was founded in 1981 in cherry hill, new jersey. we design, manufacture, and market products that are used primarily by semiconductor manufacturers to test their integrated circuits and wafer products. our product lines include test head manipulators, docking hardware, tester interfaces, and thermal test systems. intest recognizes the worldwide nature of the semiconductor industry and its need for service and close technical support. we are well known for our unsurpassed global service and support, which has been an important factor in our growth and profitability. we conducted our initial public offering in 1997. with this additional capital, we accelerated our internal growth and expanded our market presence with important related technologies. we acquired testdesign corporation, a manufacturer of tester interface products, in 1998; temptronic corporation and thermonics inc, which both make thermal test systems, in 2000 and 2012, respectively. intest test head
Company profile
Ticker
INTT
Exchange
Website
CEO
Richard N. Grant
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Teradyne • Veralto • Itron • Cohu • Allient • Frequency Electronics • Transcat • Data io • Aehr Test Systems • Giga Tronics ...
SEC CIK
Corporate docs
Subsidiaries
Acculogic Ltd • Ambrell Corporation • inTEST EMS LLC • inTEST Silicon Valley Corporation • Temptronic Corporation • Videology Imaging Corporation • Acculogic Inc. • Acculogic GmbH • Ambrell B.V. • Ambrell Limited ...
IRS number
222370659
INTT stock data
Latest filings (excl ownership)
SD
Conflict minerals disclosure
31 May 24
8-K
Entry into a Material Definitive Agreement
29 May 24
8-K/A
Entry into a Material Definitive Agreement
14 May 24
10-Q
2024 Q1
Quarterly report
9 May 24
8-K
Sequentially first quarter revenue increased 7%, or $1.9 million, including $1.4 million in revenue from the Alfamation acquisition
6 May 24
8-K
Entry into a Material Definitive Agreement
3 May 24
ARS
2023 FY
Annual report to shareholders
26 Apr 24
DEFA14A
Additional proxy soliciting materials
26 Apr 24
DEF 14A
Definitive proxy
26 Apr 24
8-K
Results of Operations and Financial Condition
27 Mar 24
Transcripts
INTT
Earnings call transcript
2024 Q1
6 May 24
INTT
Earnings call transcript
2023 Q4
28 Mar 24
INTT
Earnings call transcript
2023 Q3
3 Nov 23
INTT
Earnings call transcript
2023 Q2
4 Aug 23
INTT
Earnings call transcript
2023 Q2
4 Aug 23
INTT
Earnings call transcript
2023 Q1
5 May 23
INTT
Earnings call transcript
2022 Q4
3 Mar 23
INTT
Earnings call transcript
2022 Q3
4 Nov 22
INTT
Earnings call transcript
2022 Q2
7 Aug 22
INTT
Earnings call transcript
2022 Q1
6 May 22
Latest ownership filings
4
Richard N. Jr. Grant
11 Apr 24
144
Notice of proposed sale of securities
11 Apr 24
144
Notice of proposed sale of securities
10 Apr 24
144
Notice of proposed sale of securities
9 Apr 24
4
Richard N. Jr. Grant
12 Mar 24
4
Gerald J. Maginnis
8 Mar 24
4
STEVEN J ABRAMS
8 Mar 24
4
Jeffrey A Beck
8 Mar 24
4
JOSEPH W IV DEWS
8 Mar 24
4
Michael F. Goodrich
8 Mar 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 27.33 mm | 27.33 mm | 27.33 mm | 27.33 mm | 27.33 mm | 27.33 mm |
Cash burn (monthly) | 5.98 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 12.37 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 14.96 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 2.5 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
0.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 5 |
Opened positions | 2 |
Closed positions | 83 |
Increased positions | 1 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 686.20 mm |
Total shares | 50.46 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Denali Advisors | 15.00 k | $204.00 mm |
Allspring Global Investments | 11.68 k | $158.81 mm |
Redwood Wealth Management | 11.30 k | $153.61 mm |
Juncture Wealth Strategies | 10.91 k | $148.32 mm |
Meeder Asset Management | 1.58 k | $21.46 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Apr 24 | Richard N. Jr. Grant | Common Stock | Sell | Dispose S | No | Yes | 12.03 | 21,500 | 258.65 k | 171,717 |
10 Apr 24 | Richard N. Jr. Grant | Common Stock | Sell | Dispose S | No | Yes | 12.03 | 22,000 | 264.66 k | 193,217 |
9 Apr 24 | Richard N. Jr. Grant | Common Stock | Sell | Dispose S | No | Yes | 12.8 | 20,000 | 256.00 k | 215,217 |
10 Mar 24 | Richard N. Jr. Grant | Common Stock | Payment of exercise | Dispose F | No | No | 11.16 | 1,167 | 13.02 k | 235,217 |
9 Mar 24 | Richard N. Jr. Grant | Common Stock | Payment of exercise | Dispose F | No | No | 11.16 | 854 | 9.53 k | 236,384 |
8 Mar 24 | Richard N. Jr. Grant | Common Stock | Payment of exercise | Dispose F | No | No | 11.16 | 617 | 6.89 k | 237,238 |
6 Mar 24 | Steven J Abrams | Common Stock | Grant | Acquire A | No | No | 0 | 9,000 | 0.00 | 87,000 |
6 Mar 24 | Jeffrey A Beck | Common Stock | Grant | Acquire A | No | No | 0 | 9,000 | 0.00 | 58,500 |
6 Mar 24 | Joseph W Iv Dews | Common Stock | Grant | Acquire A | No | No | 0 | 9,000 | 0.00 | 94,350 |
News
Lake Street Maintains Buy on inTest, Lowers Price Target to $16
7 May 24
inTest Q1 2024 Adj EPS $0.10 Beats $0.09 Estimate, Sales $29.824M Beat $29.050M Estimate
6 May 24
Recap: inTest Q4 Earnings
27 Mar 24
inTest Q4 2023 Adj EPS $0.16 Beats $0.14 Estimate, Sales $27.884M Miss $29.152M Estimate
27 Mar 24
inTEST To Restate Q3 And First Nine Months 2023 Financial Statements; Expects To Report Material Weakness In Its Internal Control Over Financial Reporting
12 Mar 24
Press releases
inTEST Corporation to Present at the East Coast IDEAS Conference
29 May 24
inTEST Reports $29.8 Million in Revenue for First Quarter 2024
6 May 24
inTEST Extends Maturity Date of Borrowing Agreement to 2031
3 May 24
inTEST Corporation Launches Leading-Edge Benchtop Temperature Test System
29 Apr 24
inTEST Schedules First Quarter 2024 Financial Results Conference Call and Webcast
22 Apr 24