Intevac Announces First Quarter 2022 Financial Results
Intevac, Inc. (IVAC)
Last intevac, inc. earnings: 4/27 04:05 pm
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US:NASDAQ Investor Relations:
investor.intevac.com/events.cfm
Company Research
Source: Business Wire
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the first quarter ended April 2, 2022.Q1 Highlights:Achieved new 12-year record high in quarterly bookings and backlog for thin-film equipmentNew orders totaled $67 millionBacklog increased to $87 millionBooked $54 million order for multiple 200 Lean® systemsAnnounced multi-year upgrade and refurbishment agreement valued at over $20 millionCompleted significant amount of restructuring activities, which included streamlining the Company by eliminating one layer of senior management, as well as ceasing development and marketing activities in multiple growth initiativesLimited the Company’s use of cash in Q1 to transaction-related costs, ending the quarter with total cash, cash equivalents, restricted cash, and investments of $117 million“The first quarter of 2022 marked multiple important achievements for Intevac, which together build the foundation for future growth and profitabi
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News
- Intevac, Inc. (NASDAQ: IVAC) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Intevac, Inc. (NASDAQ: IVAC) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Intevac, Inc. (NASDAQ:IVAC) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Intevac Inc Reports Revenue Growth Amidst Industry Challenges in Q4 and Full Year 2023 [Yahoo! Finance]Yahoo! Finance
- Intevac Announces Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
IVAC
Earnings
- 11/1/23 - Beat
IVAC
Sec Filings
- 2/15/24 - Form 10-K
- 2/14/24 - Form SC
- 2/14/24 - Form SC
- IVAC's page on the SEC website