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Wednesday, August 11, 2010 4:06:09 PM
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."
Recent INTT News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/19/2024 08:54:33 PM
- inTEST Corporation to Participate in the Northland Growth Conference and Present at the Noble Emerging Growth Conference • Business Wire • 06/20/2024 08:15:00 PM
- inTEST Corporation Launches Innovative Hover Sense Non-Contact Probe Testing Technology for Electric Vehicle Battery Testing • Business Wire • 06/17/2024 09:00:00 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/31/2024 01:00:39 PM
- inTEST Corporation to Present at the East Coast IDEAS Conference • Business Wire • 05/29/2024 08:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/29/2024 12:49:24 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 05/14/2024 08:18:03 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/09/2024 08:16:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/06/2024 08:19:25 PM
- inTEST Reports $29.8 Million in Revenue for First Quarter 2024 • Business Wire • 05/06/2024 08:07:00 PM
- inTEST Extends Maturity Date of Borrowing Agreement to 2031 • Business Wire • 05/03/2024 12:30:00 PM
- inTEST Corporation Launches Leading-Edge Benchtop Temperature Test System • Business Wire • 04/29/2024 02:30:00 PM
- inTEST Schedules First Quarter 2024 Financial Results Conference Call and Webcast • Business Wire • 04/22/2024 08:15:00 PM
- inTEST Corporation to Present at the LD Micro Invitational Conference • Business Wire • 04/02/2024 08:15:00 PM
- inTEST Reports Record $123.3 Million in Revenue and Net Income of $9.3 Million for Full Year 2023 • Business Wire • 03/27/2024 09:07:00 PM
- inTEST Announces Fourth Quarter and Full Year 2023 Financial Results Conference Call and Webcast • Business Wire • 03/27/2024 12:08:00 PM
- inTEST Expands Electronic Test Capabilities with Acquisition of Alfamation S.p.A. • Business Wire • 03/12/2024 08:17:00 PM
- inTEST to Restate Third Quarter and First Nine Months 2023 Financial Statements • Business Wire • 03/12/2024 08:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 10:27:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:34:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:34:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:33:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:33:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:32:54 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 09:31:56 PM
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