InTest Corporation announced preliminary results for the third quarter of 2026, anticipating record order volume and revenue hitting the top of its guidance range. The strong performance is attributed to a recovery in semiconductor demand, specifically for back-end test solutions supported by AI-driven data center expansions and power conversion requirements.
Key Highlights
- Expected third quarter revenue of approximately $35 million, representing year-over-year growth of more than 30%.
- Record quarterly orders estimated between $48 million and $50 million, resulting in a book-to-bill ratio exceeding 1.3x.
- Estimated backlog of $58 million to $60 million as of September 30, 2026, up approximately 30% from the previous quarter.