Intevac Announces Second Quarter 2021 Financial Results
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) today reported financial results for the quarter and six months ended July 3, 2021.“We are pleased to report revenues above forecast for the second quarter, chiefly as a result of the acceleration of technology upgrades by our hard disk drive (HDD) customers,” commented Wendell Blonigan, president and chief executive officer. “We announced a record HDD upgrade order in June, which also drove the majority of the $15 million increase in backlog in our Thin-film Equipment (TFE) business in the quarter. In our Photonics business, we announced two new development program awards in June, both of which are aimed at improving the low light level night vision performance of the current IVAS headset.“In addition to these announcements, we are pleased to report positive developments on multiple other fronts during the second quarter. First, with recent HDD industry reports indicating continued upside in mass-capacity drives a
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News
- Intevac (NASDAQ:IVAC) shareholders have endured a 49% loss from investing in the stock a year ago [Yahoo! Finance]Yahoo! Finance
- Intevac to Announce First Quarter 2024 Results on April 29th [Yahoo! Finance]Yahoo! Finance
- Intevac to Announce First Quarter 2024 Results on April 29thBusiness Wire
- 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
IVAC
Earnings
- 11/1/23 - Beat
IVAC
Sec Filings
- 4/10/24 - Form ARS
- 4/10/24 - Form DEF
- 2/15/24 - Form 10-K
- IVAC's page on the SEC website