inTEST Corporation (NYSEMKT:INTT) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition
On March 9, 2017, inTEST Corporation (the “Company”) issued a press release and held a webcast conference call (as previously announced) regarding its financial results for the fourth quarter ended December 31, 2016. The Company’s press release is furnished as Exhibit 99.1 and the textual representation of the conference call is furnished as Exhibit 99.2 to this Current Report on Form 8-K. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On March 7, 2017, the Compensation Committee of the Board of Directors (the “Committee”) of the Company affirmed the determination of short-term incentive compensation to our executive officers based upon performance in 2016 (in accordance with performance based formulas previously disclosed). The performance based short-term incentive compensation paid to the Chief Executive Officer, Executive Vice President, and Chief Financial Officer was $193,677, $145,503 and $125,593, respectively. Item 9.01. Financial Statements and Exhibits
A list of the Exhibits which are required by Item 601 of Regulation S-K and furnished with this Report is set forth in the Exhibit Index immediately following the page, which Exhibit Index is incorporated herein by reference.
About inTEST Corporation (NYSEMKT:INTT)
inTEST Corporation is an independent designer, manufacturer and marketer of thermal, mechanical and electrical products that are used by semiconductor manufacturers in conjunction with automated test equipment (ATE), in the testing of integrated circuit (ICs). The Company operates through three segments: Thermal Products, Mechanical Products and Electrical Products. Its thermal products are sold into the environmental test market encompassing a range of markets, including the ATE, automotive, consumer electronics, defense/aerospace, energy, industrial and telecommunications markets. It offers three lines of manipulator products: the in2(R), the Aero Series and the Cobal Series. Its electrical products, which include various types of tester interfaces, provide the electrical connections between the tester and the wafer prober or IC handler to carry the electrical signals between the tester and the probe card on the prober or the test socket on the handler. inTEST Corporation (NYSEMKT:INTT) Recent Trading Information
inTEST Corporation (NYSEMKT:INTT) closed its last trading session 00.00 at 6.35 with 564,515 shares trading hands.