InTest Corporation Reports Strong Q2 2025 Performance

Intest Crop ( (INTT) ) has released its Q2 earnings. Here is a breakdown of the information Intest Crop presented to its investors.

InTest Corporation is a global supplier of test and process technology solutions catering to industries such as semiconductor, automotive/EV, defense/aerospace, industrial, life sciences, and safety/security, known for addressing complex thermal, mechanical, and electronic challenges worldwide.

InTest Corporation reported its financial results for the second quarter of 2025, highlighting a 10% improvement in orders and a 110 basis points expansion in gross margin to 42.6%. The company emphasized its strategic focus on innovation, market diversification, and geographic expansion amid global economic uncertainties.

Key financial metrics included a 6% sequential increase in revenue to $28.1 million, a narrowed operating loss of $0.9 million, and a net loss of $0.5 million. The company successfully reduced total debt by $1.7 million and maintained strong market positions despite cautious customer spending. Orders increased by 6% year-over-year, driven by growth in the auto/EV and life sciences sectors.

The company also reported a sequential revenue increase across most markets, except for a decline in the semiconductor sector. Gross margin improvements were attributed to favorable product mix and cost reduction efforts. Operating expenses decreased due to cost control measures, including a leadership transition.

Looking ahead, InTest Corporation remains committed to its VISION 2030 Growth Strategy, with expectations for continued quarter-over-quarter growth in 2025, albeit at a slower pace. The company aims to enhance its market reach and customer base while navigating challenging market conditions.