Intevac Announces $11 Million Order for 200 Lean Systems
Intevac, Inc. (IVAC)
Last intevac, inc. earnings: 4/27 04:05 pm
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Source: Business Wire
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced the receipt of an $11 million order for 200 Lean® systems. These systems are currently scheduled to be delivered in the second half of 2023.“We are pleased to announce our fourth significant HDD order within the last six months,” said Nigel Hunton, Intevac’s president and chief executive officer. “In November of last year, we announced a $10 million order that represented the very beginning of the media capacity addition plans for the industry. In February, we announced a multi-year refurbishment and upgrade agreement valued at over $20 million, which will add media capacity for this leading data storage customer. Last month, we announced a $54 million system order, which was followed up by today’s order announcement for an additional $11 million in systems. Our visibility and backlog are the strongest we’ve seen in at least 12 years, and we have
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IVAC
News
- Intevac, Inc. (NASDAQ:IVAC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Intevac, Inc. (NASDAQ: IVAC) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Intevac Announces First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Intevac Announces First Quarter 2024 Financial ResultsBusiness Wire
- Intevac Announces Earlier Release Date of Thursday, April 25th for First Quarter 2024 ResultsBusiness Wire
IVAC
Earnings
- 11/1/23 - Beat
IVAC
Sec Filings
- 4/30/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/10/24 - Form ARS
- IVAC's page on the SEC website