INTEST CORP

InTest Corporation reported a significant improvement in its first quarter 2026 financial results, moving from a net loss to net earnings. Revenue increased by 27.2% year-over-year, driven by strong performance. The company also saw a substantial turnaround in operating income, despite an increase in restructuring costs.

InTest Corporation announced its 2026 Annual Meeting of Stockholders will be held virtually on Wednesday, June 17, 2026. Stockholders will vote on the election of five director nominees, including new nominee Karl E. Johnsen, and the approval of Amendment No.1 to the 2023 Stock Incentive Plan. Other agenda items include the ratification of RSM US LLP as the independent auditor for 2026 and an advisory vote on executive compensation. The Board of Directors recommends a "FOR" vote on all proposals, with the record date for voting set as April 20, 2026.

INTEST Corporation announced that Gerald J. Maginnis, a Director on its Board, Chairman of the Audit Committee, and member of the Compensation and Nominating and Corporate Governance Committees, will not stand for re-election at the company's 2026 annual meeting of shareholders. Mr. Maginnis cited personal reasons, including other professional commitments, for his decision. The company clarified that his departure is not due to any disagreement regarding operations, policies, or practices.