- Quarterly earnings of $0.10 per share beat estimates, with a 25% surprise. - Revenue of $29.82 million exceeded expectations by 2.49%. - inTest shares down 16.6% YTD, compared to S&P 500 gain of 7.5%. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- inTEST Corporation (INTT) saw a decline in stock price despite strong financial performance. - FY 2023 results show record revenue and cash flow, with a strong cash position. - Acquisition of Alfamation expands INTT's product line and geographic footprint. - Forecasted revenues for 2024 at least $145M, demonstrating growth potential. - Author values INTT at about $23.67 per share, considering Alfamation acquisition. Price Impact Rating: Bullish Impact Horizon Rating: Long-term Type: Research Analysis