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Stock impact report

Intevac Inc Reports Revenue Growth Amidst Industry Challenges in Q4 and Full Year 2023 [Yahoo! Finance]

Intevac, Inc. (IVAC) 
Last intevac, inc. earnings: 4/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.intevac.com/events.cfm
Company Research Source: Yahoo! Finance
Operating Loss Reduction : IVAC reduced its operating loss from $16.5 million in 2022 to $13.2 million in 2023. Net Loss Improvement : The company's net loss improved from $17.1 million in 2022 to $12.2 million in 2023. Backlog Decrease : Order backlog decreased to $42.4 million at the end of 2023, down from $121.7 million at the end of 2022. Balance Sheet Strength : IVAC maintained a strong balance sheet with $72.2 million in total cash, cash equivalents, restricted cash, and investments. TRIO Platform Milestone : The qualification of the first TRIO system in Q4 marks a significant step in addressing an estimated $1 billion served market. Warning! GuruFocus has detected 6 Warning Signs with IVAC. On February 5, 2024, Intevac Inc ( NASDAQ:IVAC ), a leader in thin-film processing systems, announced its financial results for the fourth quarter and full year ended December 30, 2023. The company released its 8-K filing , highlighting a strong finish to the year, particularly Show less Read more
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