Highest-materiality recent filing
InTest extends term loan draw period to Aug 2028; maturity stays May 2031
Eighth Amendment to M&T Bank credit agreement dated Aug 14, 2026 extends term loan advance draw period from Aug 28, 2026 to Aug 28, 2028.
InTest Q2 revenue up 25.5% to $35.3M; reiterates FY26 outlook of $135-140M
Q2 revenue $35.3M, up 25.5% YoY; net earnings $0.5M, up 194.2% YoY; EPS $0.04, adjusted EPS $0.09.
Q2 revenue ~$35M, above guidance of $32-34M; gross margin ~40%, below guidance of ~45%.
InTest shareholders elect all five director nominees, approve stock plan amendment at annual meeting
Quorum of 9,494,132 shares present out of 12,548,356 outstanding.
InTest Q1 revenue $33.9M (+27% YoY); raises FY2026 revenue guidance to $130-135M
GAAP EPS $0.06; adjusted EPS $0.16; net earnings $0.8M.
Director Gerald J. Maginnis to not stand for re-election at InTest's 2026 annual meeting
Maginnis notified the Board on April 6, 2026, of his decision not to stand for re-election for personal reasons.
InTest appoints Richard Rogoff as President and CEO, succeeding Richard Grant
Richard N. Grant Jr. stepped down as President/CEO and from Board effective March 31, 2026; severance of 12 months base salary conditioned on release.
CEO Richard N. Grant Jr. base salary remains $428,915; CFO Duncan Gilmour base salary remains $282,500 for 2026.
InTest Q4 2025 EPS $0.10, revenue $32.8M, orders $37.5M, backlog up 36% YoY
EPS $0.10 (diluted); adjusted EPS $0.16 (Non-GAAP).
InTest Q3 revenue down 13.3% to $26.2M; orders surge 34.2% to $37.6M, net loss $0.9M
Revenue $26.2M (-13.3% YoY) due to late-quarter shipment delays; delays resolved and shipments since fulfilled.
InTest Q2 orders up 10% sequentially; net loss narrows to $0.5M
Revenue $28.1M, up 6% sequentially; gross margin 42.6%, up 110 bps.
InTest stockholders elect all five director nominees, ratify RSM as auditor
All five director nominees elected: Abrams, Beck, Dews, Grant, Maginnis received over 6.1M votes each.
Richard Rogoff appointed President of Environmental Technologies Division, effective June 11, 2025.
InTest reports Q1 2025 revenue $26.6M, net loss $2.3M; orders up 11% YoY but down sequentially
Net loss of $2.3M; adjusted EBITDA loss of $0.9M; operating loss $2.9M.
InTest unveils VISION 2030 strategy with revenue target of $235M-$285M by 2030
Revenue goal of $235M-$285M for 2030, assuming 7-9% organic growth and $50-60M from acquisitions.
inTEST posts record Q4 revenue $36.6M, operating income up 87% YoY; renews $10M buyback
Q4 revenue record $36.6M (+31% YoY); operating income $2.1M (+87%); net earnings $1.5M (+3%).
inTEST to close Videology Netherlands plant, consolidate to MA by end of 2025
Plans to terminate employees at Netherlands Videology facility and consolidate operations into Mansfield, MA.
inTEST adds Italian subsidiary as guarantor under M&T Bank credit agreement
inTEST Italy, Inc. added as subsidiary guarantor to the existing credit agreement dated Dec 18, 2024.
inTEST Q3 revenue $30.3M, gross margin 46.3%, adj EPS $0.10; generated $4.2M cash from ops
Revenue $30.3M; gross margin 46.3%, expanding 570 bps sequentially.
inTEST Q2 revenue record $34M, adjusted EPS $0.08; cuts 2024 guidance amid semi weakness
Revenue $34.0M (record, +4% YoY, +14% sequential); Alfamation contributed $9.7M since March 12 acquisition.
inTEST holds annual meeting; director Abrams elected with 54% support, others with >96%
Five director nominees elected; Steven J. Abrams received 4.36M for (54%) vs 3.72M withheld (46%).
inTEST subsidiary Temptronic extends Mansfield lease through Feb 2032; ~$73.5K/mo starting 2025
Lease term extended from Jan 1, 2025 to Feb 29, 2032 for 58,800 sq ft in Mansfield, MA.
inTEST amends 8-K for Alfamation acquisition: lease corrected, financials filing waived
Base purchase price approx. €20M: €18M cash + 187,432 shares + ~€542K for excess assets.
inTEST Q1 revenue $29.8M, adj EPS $0.10; cuts FY24 revenue outlook to $140-150M
GAAP EPS $0.05, adjusted EPS $0.10; revenue $29.8M, down YoY but up 7% sequentially.
inTEST extends loan facility maturity to 2031 and draw period to 2026
Extended term loan and revolver maturity from Sept 2027 to May 2, 2031 (four-year extension).
inTEST reports record FY2023 revenue $123.3M, net income $9.3M; Q4 revenue down 14% YoY
Full year revenue $123.3M (+6% YoY); net income $9.3M (+10% YoY); record operating cash flow $16.2M.
inTEST restates Q3 2023 financials, acquires Alfamation for ~€20M
Q3 2023 revenue overstated by ~$1.7M; net income overstated by ~$700K; EPS revised from $0.24 to $0.19.
Q4 2023 preliminary revenue ~$28.4M, net earnings ~$1.7M ($0.14 diluted EPS).
inTEST finalizes separation agreement with ex-Division President Scott Nolen; $95k payout
Severance of $72,500 (3 months salary), $22,308 PTO payout, and $4,583 COBRA payment, totaling $95,266.
inTEST appoints Michael Goodrich as Division President, Process Technologies; Scott Nolen departs
Scott Nolen and inTEST mutually agreed to end employment effective Jan 9, 2024.
Leased 25,000 sq ft facility in Penang, Malaysia for RM65,000/month over 3 years starting April 1, 2024; option to extend 2 years.
inTEST authorizes $10M share repurchase plan through Nov 2024
Board authorized up to $10 million in share repurchases through November 17, 2024.
inTEST Q3 revenue $32.7M record, EPS $0.24; moderates FY outlook
Revenue $32.7M (+6% YoY); net income $3.0M (+18% YoY); EPS $0.24 (+4% YoY).
inTEST posts record Q2 revenue of $32.6M, net earnings up 32% YoY
Revenue of $32.6M (+10% YoY) at upper end of guidance; net earnings $2.8M (+32% YoY).
inTEST Corporation reports results of 2023 Annual Meeting of Stockholders
Five director nominees elected; Steven J. Abrams received 2,992,882 for and 2,796,854 withheld.
inTEST enters $20M ATM equity offering agreement with Lake Street and Northland
Company may sell up to $20M of common stock via at-the-market issuances.
inTEST Q1 revenue $31.9M, up 32.5% YoY; EPS $0.25, adjusted EPS $0.29
Revenue $31.9M, +32.5% YoY, at upper end of guidance range.
inTEST Corp raises CEO/CFO salaries 6%, grants RSUs and options
CEO Richard Grant base salary to $415,414; CFO Duncan Gilmour to $275,600, effective April 1, 2023.
inTEST reports record Q4 revenue $32.4M, EPS $0.30; FY2022 rev $116.8M, guides FY2023 $125-130M
Record Q4 revenue $32.4M (+45% YoY); full year revenue $116.8M (+38% YoY).
inTEST preliminary Q4 rev $32.4M (+45% YoY); FY rev $116.8M (+38% YoY)
Fourth-quarter 2022 revenue ~$32.4M, up 44.9% YoY; full-year revenue ~$116.8M, up 37.6% YoY.
inTEST subsidiary Acculogic enters 5-year lease for 16,437 sq ft facility in Markham, Ontario
Lease term Jan 1, 2023 to Feb 29, 2028 for 16,437 sq ft office/warehouse/manufacturing space.
inTEST reports record revenue $30.8M, net income up 16% YoY for Q3 2022
Revenue $30.8M, +46% YoY; organic (non-GAAP) revenue up 23% YoY to $26.0M.
inTEST expands term loan facility by $25.5M to $50.5M, extends maturity to Sep 2027
Total term loan facility increased from $25M to $50.5M; $30M remains available after prior $20.5M draw.
inTEST Q2 revenue record $29.6M (+36% YoY); GAAP EPS $0.20, adj. EPS $0.25
Revenue $29.6M, up 36% YoY and 23% sequential; gross margin 45.8%.
Shareholders approve increase in inTEST stock plan shares to 2.5M
Stockholders approved Fourth Amended 2014 Stock Plan, raising share reserve from 2M to 2.5M.
inTEST presents at Sidoti Micro Cap Conference; no material financial news disclosed
Company presented at Sidoti Virtual Micro Cap Conference on May 11, 2022.
inTEST Q1 revenue up 23% YoY to $24.1M; GAAP EPS $0.05, non-GAAP EPS $0.12
Revenue $24.1M (+23% YoY, +8% sequential); GAAP diluted EPS $0.05; non-GAAP diluted EPS $0.12 in line with guidance.
inTEST sets 2025 revenue goal of $200M-$250M, reorganizes into three divisions
2025 annual revenue target of $200M-$250M, driven by organic growth and acquisitions.
inTEST sets 2022 executive comp plan with CEO base $391,875, CFO base $260,000
CEO Grant target bonus 70% of base; CFO Gilmour target 55% of base; performance thresholds based on revenue/EBITDA matrix.
inTEST Q4 revenue up 50% YoY to $22.4M; guides FY2022 revenue $110M-$115M
Q4 revenue $22.4M (+50% YoY); GAAP EPS $0.03 vs loss $0.04 prior year.
on January 9, 2024, inTEST Corporation (the “Company”) and Scott Nolen mutually agreed that Mr. Nolen’s employment with the Company would end effective immediately.
The Company appointed Michael Goodrich to the position of Division President, Process Technologies effective January 15, 2023.
On January 9, 2024, inTEST Corporation (the “Company”) and Scott Nolen mutually agreed that Mr. Nolen’s employment with the Company would end effective immediately, and as a result he is no longer the Company’s Division President, Process Technologies.
Max materiality 0.85 · Median 0.62 · Most common event earnings