inTEST (NYSE MKT: INTT) designs, manufactures and markets products that are used primarily by semiconductor manufacturers to test their integrated circuits and wafer products. The company’s solutions stem from two product segments: inTEST EMS products and inTEST thermal solutions. In its recent third-quarter financial report, inTEST attributes its improved performance to strength in the Thermal division, which had revenue growth of nearly 20% over the previous quarter. Third-quarter net revenues were $10.8 million compared to $9.2 million in the comparable quarter of 2015. Third quarter net earnings were $1.1 million, or $0.11 per diluted share, compared with net earnings of $310,000, or $0.03 per diluted share, in the comparable quarter of 2015.
To learn more, visit www.intest.com.
About inTEST Corporation
inTEST Corporation is an independent designer, manufacturer and marketer of temperature management products and ATE interface solutions, which are used by semiconductor manufacturers to perform final testing of integrated circuits (ICs) and wafers. The company’s high-performance products are designed to enable semiconductor manufacturers to improve the speed, reliability, efficiency and profitability of IC test processes. The company’s products are also sold into the automotive, consumer electronics, defense/aerospace, energy and telecommunications industries. Specific products include temperature management systems, manipulator and docking hardware products and customized interface solutions. The company has established strong relationships with its customers globally, which it supports through a network of local offices.
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