inTEST Corporation (INTT) Income Statement Analysis

See more : Invigor Group Limited (IVO.AX) Income Statement Analysis – Financial Results

Complete financial analysis of inTEST Corporation (INTT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of inTEST Corporation, a leading company in the Semiconductors industry within the Technology sector.

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inTEST Corporation (INTT)

Industry: Semiconductors

Sector: Technology

Website: https://www.intest.com

About inTEST Corporation

inTEST Corporation supplies test and process solutions for use in manufacturing and testing in automotive, defense/aerospace, industrial, life sciences, security, and semiconductor markets worldwide. The company operates through two segments, Thermal Products (Thermal) and Electromechanical Semiconductor Products (EMS). The Thermal segment offers ThermoStream products that are used in the semi market as a stand-alone temperature management tool, or in various electronic test applications; Thermal Chambers; Thermal Platforms; Thermonics temperature conditioning products that provide tempered gas or fluid; ultra-cold storage solutions, including biomedical freezers, refrigerators, and mobile storage solutions; EKOHEAT and EASYHEAT induction heating systems; and digital streaming and image capturing solutions. The EMS segment provides in2, Cobal, and LS series manipulators that hold various test heads and enable an operator to reposition a test head for alternate use with various probers or handlers on a test floor; and docking hardware products, which protect the interface contacts and ensure proper repeatable and precise alignment between the test head's interface board and the prober's probing assembly or the handler's test socket. This segment also offers tester interfaces that provide electrical connections between the tester and the wafer prober or integrated circuit (IC) handler; and scorpion flying probe test systems, which designs and manufactures robotics-based electronic test equipment, as well as provides application support services. Its products are used in production testing of wafers and specialized packaged ICs in back-end testing by semiconductor manufacturers. The company markets and sells its products to semiconductor manufacturers, third-party foundries, test and assembly providers, and original equipment manufacturers. inTEST Corporation was incorporated in 1981 and is headquartered in Mount Laurel, New Jersey.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996
Revenue	123.30M	116.83M	84.88M	53.82M	60.66M	78.56M	66.80M	40.23M	38.89M	41.80M	39.43M	43.38M	47.27M	46.20M	23.50M	38.79M	48.71M	62.35M	53.36M	71.21M	48.03M	47.13M	51.63M	87.65M	34.50M	19.10M	20.70M	18.60M
Cost of Revenue	66.32M	63.39M	43.65M	29.72M	31.44M	39.16M	32.11M	19.85M	20.19M	21.33M	20.41M	24.32M	24.37M	24.06M	15.69M	25.01M	29.92M	35.95M	33.63M	42.42M	29.18M	28.89M	38.92M	46.02M	14.70M	7.90M	7.60M	6.70M
Gross Profit	56.98M	53.44M	41.22M	24.10M	29.23M	39.40M	34.69M	20.38M	18.70M	20.46M	19.02M	19.06M	22.89M	22.15M	7.81M	13.79M	18.78M	26.39M	19.73M	28.79M	18.85M	18.24M	12.71M	41.63M	19.80M	11.20M	13.10M	11.90M
Gross Profit Ratio	46.21%	45.74%	48.57%	44.78%	48.18%	50.15%	51.93%	50.66%	48.08%	48.96%	48.23%	43.94%	48.43%	47.93%	33.25%	35.54%	38.56%	42.33%	36.97%	40.43%	39.25%	38.70%	24.62%	47.50%	57.39%	58.64%	63.29%	63.98%
Research & Development	7.62M	7.53M	5.53M	5.07M	4.96M	4.91M	4.30M	3.66M	3.94M	3.58M	3.68M	3.90M	3.24M	3.04M	2.42M	5.06M	5.52M	5.44M	5.94M	6.97M	6.40M	5.67M	6.13M	6.58M	3.20M	1.90M	1.70M	1.90M
General & Administrative	21.32M	19.29M	15.87M	11.44M	13.25M	12.80M	11.69M	7.01M	6.40M	6.23M	5.98M	6.43M	6.37M	6.03M	5.45M	8.06M	0.00	0.00	0.00	0.00	0.00	0.00	16.66M	18.98M	9.40M	6.20M	5.00M	0.00
Selling & Marketing	17.61M	15.90M	11.08M	7.52M	8.46M	9.61M	8.11M	5.57M	5.80M	5.74M	5.40M	5.43M	5.71M	5.72M	4.33M	7.88M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	38.92M	35.19M	26.95M	18.97M	21.71M	22.41M	19.80M	12.57M	12.20M	11.97M	11.37M	11.86M	12.08M	11.75M	9.78M	15.94M	16.73M	17.41M	16.78M	19.52M	16.28M	14.38M	16.66M	18.98M	9.40M	6.20M	5.00M	4.30M
Other Expenses	0.00	-576.00K	-57.00K	-14.00K	55.00K	-137.00K	227.00K	61.00K	21.00K	-7.00K	46.00K	57.00K	72.00K	0.00	179.00K	0.00	3.38M	0.00	-10.80M	0.00	0.00	0.00	4.61M	2.07M	900.00K	500.00K	200.00K	100.00K
Operating Expenses	46.54M	42.72M	32.48M	24.04M	26.68M	27.32M	24.10M	16.23M	16.14M	15.55M	15.05M	15.75M	15.32M	14.80M	12.20M	21.00M	25.63M	22.85M	11.92M	26.50M	22.68M	20.05M	27.40M	27.63M	13.50M	8.60M	6.90M	6.30M
Cost & Expenses	112.86M	106.11M	76.13M	53.76M	58.11M	66.48M	56.21M	36.08M	36.33M	36.88M	35.46M	40.07M	39.69M	38.85M	27.88M	46.01M	55.56M	58.80M	45.55M	68.92M	51.86M	48.93M	66.32M	73.66M	28.20M	16.50M	14.50M	13.00M
Interest Income	0.00	635.00K	89.00K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	13.00K	12.00K	44.00K	297.00K	420.00K	355.00K	189.00K	89.00K	67.00K	110.00K	213.00K	493.00K	0.00	0.00	0.00	0.00
Interest Expense	679.00K	635.00K	89.00K	0.00	0.00	137.00K	0.00	0.00	0.00	7.00K	0.00	0.00	4.00K	64.00K	72.00K	21.00K	2.00K	5.00K	15.00K	13.00K	19.00K	40.00K	31.00K	31.00K	0.00	0.00	0.00	0.00
Depreciation & Amortization	4.68M	4.74M	3.15M	3.16M	3.19M	1.87M	1.78M	599.00K	754.00K	879.00K	847.00K	933.00K	394.00K	395.00K	501.00K	1.07M	1.69M	1.80M	1.87M	2.11M	2.03M	1.92M	2.18M	2.07M	900.00K	500.00K	200.00K	100.00K
EBITDA	16.41M	10.72M	11.55M	1.93M	5.80M	13.95M	13.30M	4.75M	3.32M	5.80M	4.81M	3.99M	8.06M	7.86M	-4.32M	-7.99M	-5.16M	5.34M	-1.50M	3.79M	-1.81M	111.00K	-10.45M	16.07M	8.76M	3.15M	6.40M	5.70M
EBITDA Ratio	13.31%	13.23%	10.64%	2.51%	4.20%	24.16%	26.29%	10.31%	6.59%	11.76%	10.05%	8.35%	17.05%	16.79%	-16.47%	-15.07%	-3.60%	8.41%	19.21%	7.16%	-4.13%	0.08%	-20.23%	21.62%	20.58%	13.61%	29.47%	30.11%
Operating Income	10.44M	10.72M	5.89M	-1.82M	-644.00K	5.18M	3.61M	4.15M	2.56M	4.92M	3.96M	3.00M	7.58M	7.35M	-5.05M	-9.44M	-6.85M	3.52M	-3.56M	1.67M	-3.83M	-1.81M	-14.69M	14.00M	6.30M	2.60M	6.20M	5.60M
Operating Income Ratio	8.47%	9.18%	6.93%	-3.38%	-1.06%	6.59%	5.41%	10.31%	6.59%	11.76%	10.05%	6.91%	16.03%	15.91%	-21.47%	-24.34%	-14.07%	5.65%	-6.68%	2.34%	-7.98%	-3.83%	-28.45%	15.97%	18.26%	13.61%	29.95%	30.11%
Total Other Income/Expenses	609.00K	-576.00K	-57.00K	-14.00K	55.00K	-137.00K	227.00K	61.00K	21.00K	-7.00K	46.00K	57.00K	81.00K	50.00K	151.00K	360.00K	392.00K	470.00K	124.00K	-77.00K	224.00K	143.00K	551.00K	-2.42M	1.26M	-361.00K	200.00K	-100.00K
Income Before Tax	11.05M	10.15M	8.40M	-1.23M	2.60M	5.04M	3.84M	4.21M	2.58M	4.91M	4.01M	3.05M	7.66M	7.40M	-4.90M	-9.08M	-6.46M	3.99M	-3.38M	1.67M	-3.61M	-1.66M	-14.14M	11.58M	6.70M	3.00M	6.40M	5.50M
Income Before Tax Ratio	8.96%	8.68%	9.90%	-2.29%	4.29%	6.42%	5.75%	10.46%	6.64%	11.75%	10.17%	7.04%	16.20%	16.02%	-20.83%	-23.41%	-13.27%	6.40%	-6.34%	2.34%	-7.52%	-3.53%	-27.38%	13.21%	19.42%	15.71%	30.92%	29.57%
Income Tax Expense	1.71M	1.68M	1.12M	-336.00K	282.00K	2.01M	2.86M	1.55M	722.00K	1.47M	931.00K	897.00K	-2.20M	148.00K	-52.00K	53.00K	278.00K	1.12M	236.00K	398.00K	1.84M	-1.38M	-2.81M	5.20M	2.60M	1.10M	2.10M	900.00K
Net Income	9.34M	8.46M	7.28M	-895.00K	2.32M	3.04M	975.00K	2.66M	1.86M	3.44M	3.08M	2.16M	9.86M	7.25M	-4.84M	-9.13M	-6.74M	2.87M	-3.62M	1.27M	-5.45M	-283.00K	-11.33M	6.38M	4.10M	1.90M	4.30M	4.60M
Net Income Ratio	7.58%	7.24%	8.58%	-1.66%	3.83%	3.87%	1.46%	6.61%	4.79%	8.23%	7.80%	4.97%	20.87%	15.70%	-20.61%	-23.54%	-13.84%	4.60%	-6.78%	1.78%	-11.35%	-0.60%	-21.94%	7.28%	11.88%	9.95%	20.77%	24.73%
EPS	0.82	0.79	0.70	-0.09	0.22	0.29	0.09	0.26	0.18	0.33	0.30	0.21	0.97	0.72	-0.49	-0.96	-0.73	0.32	-0.41	0.15	-0.65	-0.03	-1.37	0.78	0.76	0.31	0.74	0.83
EPS Diluted	0.79	0.78	0.68	-0.09	0.22	0.29	0.09	0.26	0.18	0.33	0.30	0.21	0.96	0.72	-0.49	-0.96	-0.73	0.31	-0.41	0.14	-0.65	-0.03	-1.37	0.75	0.74	0.31	0.73	0.83
Weighted Avg Shares Out	11.46M	10.67M	10.46M	10.26M	10.37M	10.35M	10.28M	10.31M	10.47M	10.43M	10.36M	10.27M	10.15M	10.02M	9.98M	9.47M	9.21M	9.05M	8.81M	8.48M	8.33M	8.32M	8.28M	8.20M	8.08M	6.17M	5.07M	5.54M
Weighted Avg Shares Out (Dil)	11.78M	10.86M	10.73M	10.26M	10.39M	10.38M	10.34M	10.33M	10.49M	10.47M	10.42M	10.35M	10.29M	10.14M	9.98M	9.47M	9.21M	9.19M	8.81M	8.80M	8.33M	8.47M	8.28M	8.47M	8.29M	6.19M	5.09M	5.54M

inTEST Corporation: Time To Buy This Acquisition Machine

November 29, 2023seekingalpha.com

inTEST Corporation, a test equipment producer, experienced a drop in share price from an all-time high of $26 to around $13. Cash flow growth has been driven by strategic acquisitions, with a focus on expanding into different industries and geographic...

inTEST Corporation Announces Stock Repurchase Plan

November 27, 2023businesswire.com

MT. LAUREL, N.J.--(BUSINESS WIRE)--inTEST Corporation (NYSE American: INTT) Announces Stock Repurchase Plan.

inTEST Corporation to Webcast Presentation at the Southwest IDEAS Conference

November 8, 2023businesswire.com

MT. LAUREL, N.J.--(BUSINESS WIRE)--inTEST Corporation to Webcast Presentation at the Southwest IDEAS Conference.

inTEST Corporation (INTT) Q3 2023 Earnings Call Transcript

November 3, 2023seekingalpha.com

inTEST Corporation (NYSE:INTT ) Q3 2023 Earnings Call Transcript November 3, 2023 8:30 AM ET Company Participants Shawn Southard - IR Nick Grant - President and CEO Duncan Gilmour - CFO and Treasurer Conference Call Participants Jaeson Schmidt - Lake...

InTest Corporation (INTT) Q3 Earnings and Revenues Surpass Estimates

November 3, 2023zacks.com

InTest Corporation (INTT) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.28 per share a year ago.

inTEST Reports Record $32.7 Million in Revenue for the 2023 Third Quarter with Earnings per Diluted Share up 4% to $0.24 Year-over-Year

November 3, 2023businesswire.com

MT. LAUREL, N.J.--(BUSINESS WIRE)--inTEST Reports Record $32.7 Million in Revenue for the 2023 Third Quarter with Earnings per Diluted Share up 4% to $0.24 Year-over-Year.

inTEST: Cheap For Multiple Reasons

October 26, 2023seekingalpha.com

inTEST's stock valuation might appear attractive from a discounted cash flows perspective, but several reasons explain the discount. The company's long-term financial performance has been volatile and profitability metrics have narrowed as the business scaled up. Expected weakness in the...

7 Undervalued Stocks That Analysts Love Right Now

October 26, 2023investorplace.com

Ahead of possible volatility in the market, investors may find some measure of confidence in undervalued stocks. From a psychological perspective, companies that sit well outside the well-beaten path offer the perception that they trade below their intrinsic value.