InTest Corporation (INTT) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.16 per share a year ago.
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 semiconductor (“semi”), industrial, automotive/EV, life sciences, defense/aerospace and security, today announced that its Board of Directors has renewed its $10 million stock repurchase plan (“the plan”) which has approximately $9 million remaining. Nick Grant, President and CE.
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 semiconductor (“semi”), industrial, automotive/EV, life sciences, defense/aerospace and security, today announced financial results for the fourth quarter and year ended December 31, 2024. Results include Alfamation S.p.A. (“acquisition” or “Alfamation”) from the date of the acq.
Uniting Cutting-Edge Technologies to Revolutionize Cannabis and Hemp Processing MIAMI , Jan. 14, 2025 /PRNewswire/ -- Prodigy USA LLC, also known as Prodigy Processing Solutions, today proudly announced its worldwide partnership with inTEST Environmental Technologies, a division of inTEST Corporation (NYSE American: INTT). Effective immediately, Prodigy will serve as strategic distribution partner for its inTEST Thermal Solutions (iTS) Thermonics® Ultra-Low Temperature and Cryogenic Chillers across the cannabis, hemp, biomedical, and pharmaceutical processing industries, specifically tailored for cannabinoid-related applications.
MT. LAUREL, N.J.--(BUSINESS WIRE)--INTT at Needham Growth on Jan 16 @ 2:15pm ET.
inTEST remains a Buy due to its profitable, diversified test equipment business, despite market undervaluation and lumpy cash flows. The company's acquisitions, particularly Alfamation, have diversified revenue streams and future cash flow sources, enhancing long-term growth potential. Management's cost-cutting measures and improving order pipeline suggest better cash flow and operational performance in 2025.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, inTest (INTT) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
inTest (INTT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.