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Wednesday, 08/11/2010 4:06:09 PM

Wednesday, August 11, 2010 4:06:09 PM

Post# of 214
INTT -- good news out. From the PR:

Robert E. Matthiessen, President and Chief Executive Officer of inTEST,
commented, "This was another strong quarter for us. Our business continues to
perform at quarterly revenue levels not seen in several years, with quarterly net
income approaching an historic high for our company given the operating leverage
now in our business. In our preliminary release from July 27th, I stated that we
were seeing a slight pullback in ordering activity. In fact, since that time, our
bookings rate has again accelerated and in some cases the quoting level has
increased dramatically. This variability in our order rate has made this upturn a
challenge to predict; however we are now of the opinion that the up-cycle in the
semiconductor business is continuing.
Given the expected continued variability in
the semiconductor industry, we also continue to evaluate other strategic
opportunities as a normal course of business. We are optimistic in our business
outlook based on customer sentiment and demand."
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