inTEST(NYSEMKT) INTT

inTEST makes tools to test electronic parts in many industries. These products help ensure that cars and medical devices work safely. They serve companies in the semiconductor and defense markets.

Precision Testing for Every Industry

• Electronic Test: Sells robotics-based equipment and manipulators to check semiconductor chips and circuits.
• Environmental Technologies: Makes thermal test and storage products like chillers and freezers for extreme conditions.
• Process Technologies: Supplies induction heating systems and industrial video cameras for manufacturing specialized equipment.

Growing Through Strategic Acquisitions

• Purchased Acculogic in December 2021 to expand into robotics-based electronic production test equipment.
• Acquired Videology in October 2021 to add industrial-grade video digital cameras to the product line.
• Expanded global operations by acquiring Alfamation in March 2024 to serve the automotive and life sciences markets.
• Consolidated the Videology Netherlands operations into the United States location by December 31, 2025.

What Sets inTEST Apart?

The company operates in three distinct segments to reduce its reliance on the cyclical semiconductor market. It manufactures products in the U.S., Canada, Italy, and Malaysia to serve a global customer base.

The First Quarter Scorecard

• Revenue reached $33.9 million in Q1 2026, up 27.2% from $26.6 million in Q1 2025.
• Operating income turned positive at $954,000 in Q1 2026, up from a loss of $2.9 million in Q1 2025.
• Net earnings reached $789,000 in Q1 2026, improving from a net loss of $2.3 million in Q1 2025.
• Gross profit rose to $15.4 million in Q1 2026, up from $11.1 million in Q1 2025.

Adapting for the Long Term

inTEST has shifted from a heavy semiconductor focus to a more diversified technology provider. Its expansion into automotive and life sciences markets helps balance the volatility of global electronic cycles.