MT. LAUREL, N.J., March 26, 2025--(BUSINESS WIRE)--InTest Corporation (NYSE American: INTT), a global supplier of innovative test and process technology solutions for use in manufacturing and testing in key target markets which include semiconductor ("semi"), automotive/EV, defense/aerospace, industrial, life sciences and safety/security, today rang the opening bell on the New York Stock Exchange as the Company launched its VISION 2030 strategy at its Investor Briefing held at NYSE following the market open.
Nick Grant, President and CEO, stated, "Over the last four years, we have made excellent progress transforming InTest into a recognized leader of innovative test and process technology solutions for our targeted markets. The ringing of the bell marked the advancement to the next stage in our journey with the launch of VISION 2030, our strategy to further drive growth to scale the business, expand margins, generate cash and deliver shareholder value."
The InTest executive leadership team was on site to ring the bell and provide investors a review of VISION 2030.
About InTest Corporation
InTest Corporation is a global supplier of innovative test and process technology solutions for use in manufacturing and testing in key target markets including both the front-end and back-end of the semiconductor manufacturing industry ("semi"), automotive/EV, defense/aerospace, industrial, life sciences and safety/security. Backed by decades of engineering expertise and a culture of operational excellence, InTest solves difficult thermal, mechanical, and electronic challenges for customers worldwide while generating strong cash flow and profits. InTest’s growth strategy leverages these strengths to grow organically and with acquisitions through the addition of innovative technologies, deeper and broader geographic reach, customer penetration and market expansion. For more information, visit https://www.intest.com/.
Forward-Looking Statements
This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements do not convey historical information but relate to predicted or potential future events and financial results, such as statements of the Company’s plans, strategies and intentions, or our future performance or goals, that are based upon management’s current expectations. These forward-looking statements can often be identified by the use of forward-looking terminology such as "appears," "could," "plan," "strategy," "target," "estimates," or similar terminology. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, any mentioned in this news release as well as the Company’s ability to achieve its VISION 2030 goals, drive growth, expand margins, generate cash and deliver shareholder value and to grow the Company’s presence in its key target and international markets; the impact of inflation on the Company’s business and financial condition; indications of a change in the market cycles in the semi market or other markets served; changes in business conditions and general economic conditions both domestically and globally including rising interest rates and fluctuation in foreign currency exchange rates; and other risk factors set forth from time to time in the Company’s Securities and Exchange Commission filings, including, but not limited to, the Annual Report on Form 10-K for the year ended
December 31, 2024. Any forward-looking statements in this news release are based current estimates and assumptions and speaks to circumstances only as of the date on which it is made. The Company has no obligation or intent to update information in this news release, except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250326797564/en/
Contacts
InTest Corporation
Duncan Gilmour
Chief Financial Officer and Treasurer
Tel: (856) 505-8999
Investors:
Deborah K. Pawlowski
Alliance Advisors IR
dpawlowski@allianceadvisors.com
Tel: (716) 843-3908
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