INTT · inTest Corporation
AI read · Good for INTT
The AI's read
More orders than sales and a record backlog give inTest more work to fill in the coming year. Back-end semiconductor orders were nearly 4 times their year-ago level, and newer products helped win orders. One caution is that non-semiconductor orders were below a strong year-ago quarter led by auto EV demand. Longer supply lead times also require more inventory and working cash. Those concerns temper the positive results, but rising total orders, sales, and backlog carry more weight.