INTT - inTEST: Delivering On M&A Assimilation

2024-03-30 01:23:13 ET

Summary

• inTEST Corporation FY 2023 results show record revenue, strong cash position, and improved balance sheet for INTT.
• Diversification of product line and steady progress contribute to smoother, stronger fundamentals for the business.
• Key among those was the recent acquisition of Alfamation, expected to boost revenues around 20%.

One of the first companies I covered was inTEST Corporation ( INTT ) back in November . In that thesis, I argued:

inTEST generates cash and is compounding INTT's value with every acquisition.

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