UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-36117 inTEST Corporation (Exact name of registrant as specified in its charter) Delaware 22-2370659 (I.R.S. Employer Identification Numbe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-36117 inTEST Corporation (Exact Name of Registrant as Specified in its Charter) Delaware 22-2370659 (I.R.S. Employer Identific ...

Third Quarter 2023 Financial Results Conference Call November 3, 2023 Non-GAAP Financial Measures and Forward-Looking Non-GAAP Financial Measures In addition to non-GAAP measures, management uses orders and backlog as key performance metrics to analyze and measure the Company's financial performance and results of operations. Management uses orders and backlog as measures of current and future business and financial performance, and these may not be comparable with measures provided by other companies. Orde ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or (Mark One) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-36117 inTEST Corporation (Exact Name of Registrant as Specified in its Charter) Delaware (State or other jurisdiction of incorporat ...

Financial Data and Key Metrics Changes - The company achieved record revenue of $32.6 million for Q2 2023, reflecting a 10.1% increase compared to the same period last year [9][18] - Gross margin improved to 46.2%, up 40 basis points year-over-year, driven by better product mix and improved pricing [19] - Net earnings increased by 32% to $2.8 million, or $0.24 per diluted share, compared to $2.1 million, or $0.20 per diluted share in Q2 2022 [22] Business Line Data and Key Metrics Changes - The thermal test solutions segment saw strong performance in the defense aerospace market, contributing to overall revenue growth [9] - The Electronic Test division reported robust sales due to new product wins, maintaining strong sales in the back-end semi space [12] - The Process Technologies division secured new customers, particularly in the utility industry, enhancing growth opportunities [13] Market Data and Key Metrics Changes - Orders for Q2 2023 totaled $31 million, up 2% sequentially, with strong demand in defense/aerospace, industrial, and security markets [15][27] - The backlog at the end of Q2 was approximately $45 million, reflecting a slight decline year-over-year and quarter-over-quarter due to normalizing supply chain trends [15][28] Company Strategy and Development Direction - The company is focused on executing a five-point strategy for growth, which includes diversifying into new markets and enhancing global presence [8][10] - The goal is to achieve revenue of $200 million to $250 million by 2025, with a combination of organic growth and strategic acquisitions [35][36] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the remainder of 2023, expecting high single-digit to low double-digit organic growth [29] - The company anticipates continued strong demand across its technology offerings and is actively pursuing strategic acquisitions [31] Other Important Information - The company raised $19.2 million in net proceeds from an equity offering, enhancing its balance sheet and providing capital for growth [24][26] - Capital expenditures for 2023 are expected to be between 1% to 2% of sales, with a focus on organic and acquired growth [33] Q&A Session Summary Question: Supply chain pressures and demand - Management indicated no major impact from supply chain issues in the quarter and expects pressures to continue to normalize [44][47] Question: Momentum in the security market - The momentum is driven by new products, improved supply, and expanded distribution channels [48] Question: Pricing environment and potential increases - The company is constantly evaluating pricing in relation to input costs and is not limited to annual price increases [49] Question: Utility scale induction heating opportunity - The opportunity is significant, with sales ranging from $25,000 to $300,000 depending on the system [58] Question: Service side of the business - Service revenue is currently around 9% to 10% of sales, with a goal to increase it to 15% to 20% [60] Question: Acquisition strategy and capital flexibility - The company has sufficient capital raised to achieve acquisition goals without requiring dilutive capital in the near term [62][66] Question: Wage inflation and margin impacts - Wage costs are a significant line item, and the company is focused on maintaining fair compensation while managing margins [85]

Q2 2023 Financial Results Conference Call Forward-Looking Statements Non-GAAP Financial Measures and Forward-Looking Non-GAAP Financial Measures In addition to non-GAAP measures, management uses the following key performance metrics to analyze and measure the Company's financial performance and results of operations: orders and backlog. Management uses orders and backlog as measures of current and future business and financial performance, and these may not be comparable with measures provided by other comp ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-36117 inTEST Corporation (Exact Name of Registrant as Specified in its Charter) Delaware (State or other jurisdiction of incorpora ...

inTEST Corporation (NYSE:INTT) Q1 2023 Earnings Conference Call May 5, 2023 8:30 AM ET Company Participants Shawn Southard - IR Nick Grant - President and CEO Duncan Gilmour - CFO and Treasurer Conference Call Participants Jaeson Schmidt - Lake Street Ted Jackson - Northland Securities Tim Moore - EF Hutton Peter Wright - Intro-act Brian Kinstlinger - Alliance Global Partners Operator Greetings, and welcome to the inTEST Corporation's First Quarter 2023 Financial Results. [Operator Instructions] As a remind ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Delaware 22-2370659 (I.R.S. Employer Identification Number) (State or Other Jurisdiction of Incorporation or Organization) 804 East Gate Drive, Suite 200 Mt. Laurel, New Jersey (Address of Princi ...

inTEST Corporation (NYSE:INTT) Q4 2022 Earnings Conference Call March 3, 2023 8:30 AM ET Company Participants Shawn Southard - Investor Relations Nick Grant - President and Chief Executive Officer Duncan Gilmour - Chief Financial Officer and Treasurer Conference Call Participants Jaeson Schmidt - Lake Street Capital Markets Ted Jackson - Northland Securities Peter Wright - Intro-act Operator Greetings, and welcome to the inTEST Corporation Fourth Quarter 2022 Financial Results. At this time, all participant ...