inTEST posts record Q4 revenue $36.6M, operating income up 87% YoY; renews $10M buyback

INTEST CORP

Q4 revenue record $36.6M (+31% YoY); operating income $2.1M (+87%); net earnings $1.5M (+3%).
Adjusted EBITDA rose 82% to $4.4M; gross margin 39.7% impacted by $1.6M acquisition inventory step-up.
Board renewed $10M stock repurchase plan; ~$9M remaining; 141,117 shares repurchased under prior plan.
CEO and CFO base salaries unchanged for 2025; one-time option grants and long-term incentives of $600k (CEO) and $250k (CFO).

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