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Industrials - Aerospace & Defense - NASDAQ - US
$ 2.58
0 %
$ 69.6 M
Market Cap
-7.37
P/E
1. INTRINSIC VALUE

Intevac, Inc. provides vacuum deposition equipment for various thin-film applications, and digital night-vision technologies and products to the defense industry in the United States, Asia, and Europe. It designs, develops, and markets thin-film processing systems for hard disk drive media, display cover panel, solar photovoltaic cell, and advanced semiconductor packaging industries. The company sells its products through direct sales force and distributors. Intevac, Inc. was incorporated in 1990 and is headquartered in Santa Clara, California.[ Read More ]

The intrinsic value of one IVAC stock under the base case scenario is HIDDEN Compared to the current market price of 2.58 USD, Intevac, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart IVAC

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FINANCIALS
52.7 M REVENUE
47.27%
-13.2 M OPERATING INCOME
19.79%
-12.2 M NET INCOME
28.61%
-35.1 M OPERATING CASH FLOW
-371.79%
18.3 M INVESTING CASH FLOW
164.33%
-624 K FINANCING CASH FLOW
-26.45%
28.5 M REVENUE
96.23%
-1.75 M OPERATING INCOME
46.44%
-1.08 M NET INCOME
66.96%
1.34 M OPERATING CASH FLOW
-76.45%
-3.21 M INVESTING CASH FLOW
76.83%
255 K FINANCING CASH FLOW
211.84%
Balance Sheet Decomposition Intevac, Inc.
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Current Assets 133 M
Cash & Short-Term Investments 68.8 M
Receivables 18.6 M
Other Current Assets 45.9 M
Non-Current Assets 23.1 M
Long-Term Investments 2.69 M
PP&E 15.3 M
Other Non-Current Assets 5.12 M
Current Liabilities 32.5 M
Accounts Payable 5.8 M
Short-Term Debt 2.02 M
Other Current Liabilities 24.7 M
Non-Current Liabilities 8.48 M
Long-Term Debt 14 M
Other Non-Current Liabilities -5.47 M
EFFICIENCY
Earnings Waterfall Intevac, Inc.
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Revenue 52.7 M
Cost Of Revenue 32.4 M
Gross Profit 20.2 M
Operating Expenses 33.5 M
Operating Income -13.2 M
Other Expenses -1.05 M
Net Income -12.2 M
RATIOS
38.41% GROSS MARGIN
38.41%
-25.15% OPERATING MARGIN
-25.15%
-23.15% NET MARGIN
-23.15%
-10.55% ROE
-10.55%
-7.79% ROA
-7.79%
-12.53% ROIC
-12.53%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Intevac, Inc.
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Net Income -12.2 M
Depreciation & Amortization 1.54 M
Capital Expenditures -5.43 M
Stock-Based Compensation 4.37 M
Change in Working Capital -28.5 M
Others -7.38 M
Free Cash Flow -40.5 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Intevac, Inc.
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IVAC has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Intevac, Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 year ago
May 08, 2023
Bought 25 K USD
Klein Michele
Director
+ 5000
5 USD
1 year ago
May 08, 2023
Bought 25.2 K USD
Hunton Nigel
President and CEO
+ 5000
5.04 USD
1 year ago
May 08, 2023
Bought 25.3 K USD
Moniz James P
Chief Financial Officer,
+ 5000
5.06 USD
1 year ago
Mar 23, 2023
Bought 262 K USD
Bleichroeder LP
10 percent owner
+ 37800
6.9347 USD
1 year ago
Feb 22, 2023
Bought 36.6 K USD
DURY DAVID S
Director
+ 5000
7.31 USD
1 year ago
Feb 17, 2023
Bought 37.2 K USD
Barber Kevin D
Director
+ 5000
7.43 USD
1 year ago
Feb 08, 2023
Bought 35 K USD
Hunton Nigel
President and CEO
+ 5000
7 USD
1 year ago
Feb 08, 2023
Bought 69.8 K USD
Moniz James P
Chief Financial Officer,
+ 10000
6.98 USD
1 year ago
Feb 06, 2023
Bought 34.8 K USD
Hunton Nigel
President and CEO
+ 5000
6.95 USD
1 year ago
Jan 06, 2023
Bought 309 K USD
Bleichroeder LP
Director
+ 46931
6.5759 USD
1 year ago
Jan 05, 2023
Bought 17.1 K USD
Bleichroeder LP
Director
+ 2637
6.4939 USD
1 year ago
Jan 04, 2023
Bought 176 K USD
Bleichroeder LP
Director
+ 27300
6.465 USD
2 years ago
Jun 14, 2022
Sell 24.5 K USD
Bleichroeder LP
director:
- 5050
4.8554 USD
2 years ago
May 18, 2022
Bought 25.8 K USD
Klein Michele
director:
+ 5000
5.16 USD
2 years ago
May 16, 2022
Bought 25.5 K USD
DURY DAVID S
director:
+ 5000
5.1 USD
2 years ago
May 12, 2022
Bought 25 K USD
Hunton Nigel
President and CEO
+ 5000
5 USD
2 years ago
Mar 02, 2022
Bought 24.2 K USD
Hunton Nigel
President and CEO
+ 5000
4.85 USD
2 years ago
Feb 24, 2022
Bought 49.6 K USD
Hunton Nigel
President and CEO
+ 10000
4.96 USD
2 years ago
Feb 09, 2022
Sell 150 K USD
Moniz James P
Chief Financial Officer,
- 27150
5.54 USD
3 years ago
May 17, 2021
Sell 37.8 K USD
Blonigan Wendell Thomas
President & CEO
- 6580
5.75 USD
3 years ago
Mar 31, 2021
Sell 60 K USD
JUSTYN TIMOTHY
EVP & General Manager,
- 8000
7.5 USD
3 years ago
Mar 31, 2021
Sell 12.6 K USD
JUSTYN TIMOTHY
EVP & General Manager,
- 1683
7.5 USD
4 years ago
Nov 11, 2020
Sell 55.5 K USD
JUSTYN TIMOTHY
EVP & General Manager,
- 10000
5.55 USD
4 years ago
Aug 12, 2020
Sell 58.5 K USD
JUSTYN TIMOTHY
EVP & General Manager,
- 10000
5.85 USD
4 years ago
Jun 05, 2020
Sell 55 K USD
JUSTYN TIMOTHY
EVP & General Manager,
- 10000
5.5 USD
4 years ago
May 18, 2020
Sell 19.3 K USD
Blonigan Wendell Thomas
President & CEO
- 3783
5.09 USD
4 years ago
Mar 26, 2020
Sell 75.5 K USD
Bleichroeder LP
Director
- 17175
4.3983 USD
4 years ago
Mar 27, 2020
Sell 42.2 K USD
Bleichroeder LP
Director
- 10325
4.0871 USD
4 years ago
Feb 19, 2020
Sell 79.8 K USD
Cho Jay
EVP & General Manager
- 11550
6.91 USD
4 years ago
Feb 12, 2020
Sell 40.4 K USD
JUSTYN TIMOTHY
EVP & General Manager,
- 6000
6.7376 USD
4 years ago
Feb 12, 2020
Sell 27 K USD
JUSTYN TIMOTHY
EVP & General Manager,
- 4000
6.75 USD
5 years ago
May 16, 2019
Sell 21.3 K USD
Blonigan Wendell Thomas
President & CEO
- 3783
5.62 USD
5 years ago
May 16, 2019
Sell 21.3 K USD
Blonigan Wendell Thomas
President & CEO
- 3783
5.62 USD
5 years ago
May 16, 2019
Sell 21.3 K USD
Blonigan Wendell Thomas
President & CEO
- 3783
5.62 USD
5 years ago
May 07, 2019
Bought 52.4 K USD
Moniz James P
Chief Financial Officer,
+ 10000
5.24 USD
5 years ago
May 02, 2019
Bought 50.9 K USD
DURY DAVID S
Director
+ 10000
5.09 USD
5 years ago
Mar 08, 2019
Sell 59.1 K USD
JUSTYN TIMOTHY
EVP & General Manager,
- 9153
6.46 USD
5 years ago
Feb 05, 2019
Sell 21.7 K USD
JUSTYN TIMOTHY
EVP & General Manager,
- 4002
5.41 USD
5 years ago
Dec 03, 2018
Bought 47.5 K USD
Blonigan Wendell Thomas
President & CEO
+ 10000
4.75 USD
6 years ago
May 04, 2018
Bought 40.9 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 9000
4.549 USD
6 years ago
May 03, 2018
Bought 233 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 50000
4.6595 USD
6 years ago
May 02, 2018
Bought 263 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 55700
4.7171 USD
6 years ago
May 01, 2018
Bought 71.9 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 14900
4.825 USD
6 years ago
May 01, 2018
Bought 170 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 35700
4.7645 USD
6 years ago
Apr 26, 2018
Bought 618 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 100000
6.175 USD
6 years ago
Apr 23, 2018
Bought 732 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 121997
5.9995 USD
6 years ago
Apr 23, 2018
Bought 600 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 100003
6 USD
6 years ago
Apr 23, 2018
Bought 762 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 121997
6.25 USD
6 years ago
Apr 23, 2018
Bought 600 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 100003
6 USD
6 years ago
Mar 23, 2018
Bought 172 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 28449
6.0498 USD
6 years ago
Feb 22, 2018
Bought 24.5 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 4009
6.1 USD
6 years ago
Feb 20, 2018
Bought 19.2 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 3120
6.15 USD
6 years ago
Feb 16, 2018
Bought 187 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 30000
6.2417 USD
6 years ago
Feb 15, 2018
Bought 92.4 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 14791
6.25 USD
6 years ago
Feb 14, 2018
Bought 40.6 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 6500
6.25 USD
6 years ago
Feb 13, 2018
Bought 13.1 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 2100
6.25 USD
6 years ago
Feb 12, 2018
Bought 78.8 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 12672
6.2175 USD
6 years ago
Feb 09, 2018
Bought 140 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 22600
6.2051 USD
6 years ago
Feb 09, 2018
Bought 31.2 K USD
DURY DAVID S
Director
+ 5000
6.23 USD
6 years ago
Feb 08, 2018
Bought 111 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 17500
6.3192 USD
6 years ago
Feb 07, 2018
Bought 24.1 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 3800
6.348 USD
6 years ago
Feb 06, 2018
Bought 290 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 45834
6.328 USD
6 years ago
Feb 05, 2018
Bought 31.6 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 5000
6.325 USD
6 years ago
Feb 05, 2018
Bought 225 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 35498
6.3256 USD
6 years ago
Feb 02, 2018
Bought 66.7 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 10300
6.4757 USD
6 years ago
Feb 02, 2018
Bought 232 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 35208
6.5885 USD
6 years ago
Feb 01, 2018
Bought 2.59 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 400
6.475 USD
6 years ago
Jan 31, 2018
Bought 287 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 42000
6.8451 USD
6 years ago
Jan 31, 2018
Bought 132 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 19485
6.799 USD
6 years ago
Jan 30, 2018
Bought 91.5 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 13400
6.825 USD
6 years ago
Jan 30, 2018
Bought 89.2 K USD
First Eagle Investment Management, LLC
10 percent owner
+ 13298
6.7083 USD
7 years ago
May 08, 2017
Sell 188 K USD
First Eagle Investment Management, LLC
10 percent owner
- 14497
13 USD
7 years ago
May 08, 2017
Sell 266 K USD
First Eagle Investment Management, LLC
10 percent owner
- 20477
13 USD
7 years ago
May 09, 2017
Sell 176 K USD
First Eagle Investment Management, LLC
10 percent owner
- 13505
13.0434 USD
7 years ago
May 09, 2017
Sell 249 K USD
First Eagle Investment Management, LLC
10 percent owner
- 19075
13.0434 USD
7 years ago
May 02, 2017
Sell 174 K USD
First Eagle Investment Management, LLC
10 percent owner
- 13052
13.3262 USD
7 years ago
May 02, 2017
Sell 246 K USD
First Eagle Investment Management, LLC
10 percent owner
- 18435
13.3262 USD
7 years ago
May 03, 2017
Sell 30.7 K USD
First Eagle Investment Management, LLC
10 percent owner
- 2363
13 USD
7 years ago
May 03, 2017
Sell 43.4 K USD
First Eagle Investment Management, LLC
10 percent owner
- 3337
13 USD
7 years ago
Apr 28, 2017
Sell 16.7 K USD
First Eagle Investment Management, LLC
10 percent owner
- 1285
13.0169 USD
7 years ago
Apr 28, 2017
Sell 23.6 K USD
First Eagle Investment Management, LLC
10 percent owner
- 1815
13.0169 USD
7 years ago
May 01, 2017
Sell 162 K USD
First Eagle Investment Management, LLC
10 percent owner
- 12490
13 USD
7 years ago
May 01, 2017
Sell 229 K USD
First Eagle Investment Management, LLC
10 percent owner
- 17641
13 USD
7 years ago
Apr 26, 2017
Sell 344 K USD
First Eagle Investment Management, LLC
10 percent owner
- 26376
13.0261 USD
7 years ago
Apr 26, 2017
Sell 485 K USD
First Eagle Investment Management, LLC
10 percent owner
- 37254
13.0261 USD
7 years ago
Apr 27, 2017
Sell 287 K USD
First Eagle Investment Management, LLC
10 percent owner
- 22047
13.0087 USD
7 years ago
Apr 27, 2017
Sell 405 K USD
First Eagle Investment Management, LLC
10 percent owner
- 31138
13.0087 USD
7 years ago
Apr 24, 2017
Sell 1.12 M USD
First Eagle Investment Management, LLC
10 percent owner
- 82097
13.7016 USD
7 years ago
Apr 24, 2017
Sell 136 K USD
First Eagle Investment Management, LLC
10 percent owner
- 10000
13.65 USD
7 years ago
Apr 25, 2017
Sell 55.6 K USD
First Eagle Investment Management, LLC
10 percent owner
- 4145
13.425 USD
7 years ago
Apr 25, 2017
Sell 1.31 M USD
First Eagle Investment Management, LLC
10 percent owner
- 98143
13.3368 USD
7 years ago
Apr 25, 2017
Sell 78.6 K USD
First Eagle Investment Management, LLC
10 percent owner
- 5855
13.425 USD
7 years ago
Apr 25, 2017
Sell 1.85 M USD
First Eagle Investment Management, LLC
10 percent owner
- 138617
13.3368 USD
8 years ago
Aug 09, 2016
Bought 560 K USD
Drapkin Matthew A
Director
+ 91416
6.13 USD
8 years ago
Aug 08, 2016
Bought 384 K USD
Drapkin Matthew A
Director
+ 63131
6.09 USD
8 years ago
Aug 05, 2016
Bought 120 K USD
Drapkin Matthew A
Director
+ 20453
5.89 USD
8 years ago
Jun 10, 2016
Bought 52.9 K USD
Drapkin Matthew A
Director
+ 9420
5.62 USD
8 years ago
Jun 08, 2016
Bought 154 K USD
Drapkin Matthew A
Director
+ 29400
5.24 USD
8 years ago
Jun 07, 2016
Sell 10.1 K USD
RUSSAK MICHAEL A
Executive Advisor
- 1902
5.31 USD
8 years ago
Dec 28, 2015
Bought 1.26 M USD
21 APRIL FUND LTD
10 percent owner
+ 266179
4.73 USD
8 years ago
Dec 28, 2015
Bought 429 K USD
21 APRIL FUND LTD
10 percent owner
+ 90621
4.73 USD
9 years ago
Nov 12, 2015
Sell 1.77 M USD
Northern Right Capital Management, L.P.
Director
- 354566
4.98 USD
9 years ago
Sep 09, 2015
Sell 2.28 K USD
RUSSAK MICHAEL A
Executive Advisor
- 447
5.1 USD
9 years ago
Sep 09, 2015
Sell 8.62 K USD
RUSSAK MICHAEL A
Executive Advisor
- 1694
5.09 USD
9 years ago
Aug 18, 2015
Sell 9.01 K USD
Smith Christopher
VP, Business Development
- 1800
5.004 USD
9 years ago
Aug 18, 2015
Sell 12.5 K USD
Smith Christopher
VP, Business Development
- 2500
5.005 USD
9 years ago
Jun 09, 2015
Bought 55.4 K USD
SCHAEFER JOHN F
Director
+ 10117
5.471 USD
7. News
Intevac, Inc. (IVAC) Q3 2024 Earnings Call Transcript Intevac, Inc. (NASDAQ:IVAC ) Q3 2024 Earnings Conference Call November 11, 2024 4:30 PM ET Company Participants Nigel Hunton - President, Chief Executive Officer Cameron McAulay - Chief Financial Officer Claire McAdams - Investor Relations Conference Call Participants Peter Wright - PartnerCap Securities Mark Miller - Benchmark Hendi Susanto - Gabelli Funds Operator Greetings, and welcome to Intevac's Third Quarter 2024 Financial Results Conference Call. At this time, all participants are in a listen-only mode. seekingalpha.com - 5 days ago
Intevac Announces Third Quarter 2024 Financial Results SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and nine months ended September 28, 2024. “We are pleased to report third-quarter results favorable to our expectations going into the quarter,” commented Nigel Hunton, president and chief executive officer. “Technology upgrades in support of next-generation HAMR (heat-assisted magnetic recording) media continue to drive the majority of our business, and total revenues from HDD up. businesswire.com - 5 days ago
Intevac Announces Appointment of Ryan L. Vardeman to Board of Directors SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced the appointment of Ryan L. Vardeman to its board of directors (the “Board”), effective immediately. Mr. Vardeman is a principal and co-founder of Palogic Value Fund, L.P. (“Palogic”), which is a substantial shareholder of Intevac. “We are pleased to welcome Ryan to the Board,” said Kevin Barber, chair of the Board. “We look forward to Ryan's contributions as a. businesswire.com - 5 days ago
Intevac to Announce Third Quarter 2024 Results on November 11th SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, will release financial results for its fiscal third quarter 2024 at approximately 1 p.m. PT (4 p.m. ET) on Monday, November 11th, 2024. At 1:30 p.m. PT (4:30 p.m. ET) on November 11th, Intevac management will host a teleconference to discuss the Company's financial results. To participate in the teleconference, please call toll-free (877) 407-0989 prior to the start time, and. businesswire.com - 1 month ago
Intevac Announces Appointment of Kevin Barber as Board Chairman SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced the appointment of Kevin Barber as the Company's Board Chairman, effective today. Mr. Barber succeeds David S. Dury, who has served as Board Chairman since 2017 and will remain on the Board until the annual meeting of stockholders in 2025. “I would like to thank David for his meaningful contributions during his time as Board Chairman,” commented Nigel Hunton, I. businesswire.com - 1 month ago
Intevac Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4) SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC, “Intevac” or “the Company”), a leading supplier of thin-film processing systems, today announced, as required by Nasdaq Stock Market rules, the grant of inducement awards to Cameron McAulay in connection with his appointment as Intevac's new Chief Financial Officer, Secretary and Treasurer in July 2024. Such grants were made under the Intevac, Inc. 2022 Inducement Equity Incentive Plan, which Intevac's board of directors approve. businesswire.com - 3 months ago
Intevac, Inc. (IVAC) Q2 2024 Earnings Call Transcript Intevac, Inc. (NASDAQ:IVAC ) Q2 2024 Earnings Conference Call August 5, 2024 4:30 PM ET Company Participants Claire McAdams - Investor Relations Nigel Hunton - President & Chief Executive Officer Cameron McAulay - Chief Financial Officer Kevin Soulsby - Corporate Controller Conference Call Participants Peter Wright - PartnerCap Securities Mark Miller - The Benchmark Company Dan Weston - West Capital Management Operator Good afternoon and welcome to Intevac's Second Quarter 2024 Financial Results Conference Call. At this time, all participants are in a listen-only mode. seekingalpha.com - 3 months ago
Intevac Announces Second Quarter 2024 Financial Results SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and six months ended June 29, 2024. “We witnessed strengthening demand for hard disk drive (HDD) media technology upgrades during the second quarter, and our team in Singapore provided solid execution, which led to revenues well ahead of expectations,” commented Nigel Hunton, president and chief executive officer. “Today's media upgrade initiatives, including those in support of t. businesswire.com - 3 months ago
Hidden Stocks: 3 Quiet Kings Ready to Rule the Market Finding untapped potential is like finding gold. Three organizations in the information technology maze stand out as silent giants with immense potential. investorplace.com - 6 months ago
Intevac, Inc. (IVAC) Q1 2024 Earnings Call Transcript Intevac, Inc. (NASDAQ:IVAC ) Q1 2024 Earnings Conference Call April 25, 2024 8:30 AM ET Company Participants Claire McAdams - Investor Relations Nigel Hunton - President & Chief Executive Officer Kevin Soulsby - Chief Financial Officer Conference Call Participants Peter Wright - Intro-Act Mark Miller - The Benchmark Company Hendi Susanto - Gabelli Funds Claire McAdams Thank you, operator and good morning to everyone on today's call. Thank you for joining us today to discuss Intevac's financial results for the first quarter of 2024, which ended on March 30th. seekingalpha.com - 6 months ago
Intevac Announces First Quarter 2024 Financial Results SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the first quarter ended March 30, 2024. Q1 Highlights: Continued strong demand for technology upgrades for hard disk drive (HDD) media resulted in sales of nearly $10 million and gross margin approaching 44% for the quarter. New orders exceeded $20 million for the quarter, and included HDD technology upgrade bookings from multiple customers, including initial HAMR (heat-assisted magnetic reco. businesswire.com - 6 months ago
Intevac Announces Earlier Release Date of Thursday, April 25th for First Quarter 2024 Results SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, has pulled in the timing of the release of first quarter results due to a change in management travel commitments. The Company will now release financial results for its fiscal first quarter 2024 at approximately 7 a.m. EDT on Thursday, April 25th, 2024. At 8:30 a.m. EDT (5:30 a.m. PDT) on April 25th, Intevac management will host a teleconference to discuss the Company's finan. businesswire.com - 6 months ago
8. Profile Summary

Intevac, Inc. IVAC

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COUNTRY US
INDUSTRY Aerospace & Defense
MARKET CAP $ 69.6 M
Dividend Yield 0.00%
Description Intevac, Inc. provides vacuum deposition equipment for various thin-film applications, and digital night-vision technologies and products to the defense industry in the United States, Asia, and Europe. It designs, develops, and markets thin-film processing systems for hard disk drive media, display cover panel, solar photovoltaic cell, and advanced semiconductor packaging industries. The company sells its products through direct sales force and distributors. Intevac, Inc. was incorporated in 1990 and is headquartered in Santa Clara, California.
Contact 3560 Bassett Street, Santa Clara, CA, 95054 https://www.intevac.com
IPO Date Nov. 21, 1995
Employees 126
Officers Ms. Claire McAdams Investor Relations Counsel Mr. John Dickinson Vice President of Operations Mr. Cameron McAulay Chief Financial Officer Mr. Kevin H. Soulsby Corporate Controller, Treasurer & Secretary Mr. Nigel D. Hunton President, Chief Executive Officer & Director Ms. Eva Valencia Vice President of Sales Dr. Samuel Harkness Vice President of Product Development & Technology Ms. Shannon Fogle Vice President of Global Human Resources