InTest Corporation (INTT)

In the past six months, InTest Corp.'s stock has been impacted by financial performance and leadership changes. InTest reported Q4 2025 revenue of $32.8 million and EPS of $0.10, with orders of $37.5 million and a backlog of $53.9 million, up 36% year-over-year. Richard N. Grant Jr. stepped down as President and CEO, and Richard Rogoff was appointed as his successor. InTest reported strong first-quarter 2026 results with revenue of $33.9 million, a 27.2% increase year-over-year, and net earnings of $0.8 million, or $0.06 per diluted share. Over the past year, InTest has delivered a 155.56% change, with a 52-week range between $5.58 and $20.00.

Demand for InTest Corp.'s products and services exhibits seasonality, with the first and fourth quarters typically being the weakest, and the second and third quarters being the strongest. This pattern is often driven by factors such as mobile phone OEM product introductions and seasonal holiday activity. The Electronic Test segment is influenced by the IC production tempo of semiconductor companies. InTest has been diversifying its markets, with increasing demand from automotive/EV, defense/aerospace, industrial, and life sciences sectors.

InTest Corp. is a global technology company providing test and process technology solutions across various markets, operating through Electronic Test, Environmental Technologies, and Process Technologies segments. The Electronic Test segment offers solutions utilized in industries such as semiconductor, automotive, and aerospace/defense. The Environmental Technologies segment focuses on equipment for environmental condition control. The Process Technologies segment provides induction heating systems and digital streaming solutions. InTest markets its products to semiconductor manufacturers, foundries, and OEMs.

InTest Corp. has a global presence, serving customers across North America, Europe, and Asia. The company's headquarters are in Mount Laurel, New Jersey, with multiple U.S. manufacturing locations. Sales and service centers are maintained in Germany, Japan, Taiwan, and China, providing application engineering, on-site support, and calibration services.

In the past year, there have been no significant public controversies, scandals, or negative events reported that have adversely affected InTest Corp.'s brand reputation. News and filings primarily focus on financial performance, strategic acquisitions, and executive leadership changes. The departure of Director Gerald J. Maginnis in April 2026 was stated to be for personal reasons and not due to any disagreement regarding InTest's operations, policies, or practices.

InTest Corp. has a diverse ownership structure, with institutional investors holding a significant portion of the company's stock. As of May 8, 2026, 55 institutional owners held a total of 6,628,165 shares. Major institutional shareholders include Royce & Associates Lp, Vanguard Group Inc, and Ameriprise Financial Inc. Insider ownership stands at approximately 5.32% to 7.00% of the stock. Alyn R. Holt, a co-founder, is a significant individual shareholder.