INTT

Over the past six months (approximately March to September 2026), InTest Corp. (INTT) stock trended down by 24.16%, with a 17.30% decrease in the last month and a 25.61% decrease over the last three months. The company joined the Russell 2000 and Russell 3000 Indexes on June 29, 2026. On July 31, 2026, InTest reported preliminary second-quarter 2026 results, expecting approximately $35 million in revenue, around 40% gross margin, and about $13.9 million in operating expenses, while also disclosing ERP system implementation issues at its Alfamation business that led to an overstatement of Q1 2026 inventory and gross margin by approximately $750,000, requiring a 220-basis-point downward revision to Q1 gross margin and the expectation to report a material weakness in internal control. On August 10, 2026, InTest reported strong Q2 2026 revenue of $35.3 million, EPS of $0.04, and adjusted EPS (non-GAAP) of $0.09. The company presented at investor conferences on August 13 and August 27, 2026. InTest also raised its full-year 2026 revenue guidance to $135 million-$140 million from $130 million-$135 million, reflecting strengthening customer demand and a 56% rise in semiconductor orders in Q2.