Brief: Intevac Announces Appointment Of Houlihan Lokey To Evaluate Strategic Options

Intevac

13/06/2023 21:49

June 13 (Reuters) - Intevac Inc  IVAC.O :
    * INTEVAC ANNOUNCES APPOINTMENT OF HOULIHAN LOKEY TO
EVALUATE
STRATEGIC OPTIONS
    * INTEVAC INC - REAFFIRMS YEAR-END CASH OUTLOOK AND
INCREASES 2023
REVENUE OUTLOOK
    * INTEVAC INC SEES FY REVENUE TO BE IN RANGE OF $43 TO $48
MILLION
    * INTEVAC INC -  WITH SOFTENING OF HDD DEMAND, CANCELLATION
OF
MEANINGFUL PORTION OF ORDER BACKLOG, BOARD MADE DECISION TO
EVALUATE STRATEGIC OPTIONS

Source text for Eikon:  ID:nBw83cgRwa 
Further company coverage:  IVAC.O 

 ((Reuters.Briefs@thomsonreuters.com;))