secwatch.observer — SEC 8-K summary
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Issuer:     INTEST CORP (INTT)
CIK:        0001036262
Form:       8-K
Filed at:   2025-05-02T23:59:59+00:00
Accession:  0001036262-25-000005
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

InTest reports Q1 2025 revenue $26.6M, net loss $2.3M; orders up 11% YoY but down sequentially
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- Net loss of $2.3M; adjusted EBITDA loss of $0.9M; operating loss $2.9M.
- Revenue $26.6M, gross margin 41.5%; cash from ops $5.5M; debt reduced $3.2M.
- Orders $25.3M, up 11% YoY but down $5.3M sequentially; customers delaying orders.
- Management implementing cost reductions, headcount reductions, consolidations; Malaysia facility on track for H2 2025.
- Tariff exposure mitigated; primarily US manufacturer with locally sourced supplies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1036262/000103626225000005/0001036262-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1036262/000103626225000005/intt-20250502.htm
  HTML page:      https://secwatch.observer/filing/0001036262-25-000005

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