Intevac Inc expected to post a loss of 13 cents a share - Earnings Preview

Intevac

31/10/2023 01:50

* Intevac Inc  IVAC.OQ   IVAC.O  is expected to show a rise
in
quarterly revenue when it reports  results 
    * The Santa Clara California-based  company is expected to
report 
a 16.3% increase in revenue to $12.5 million from $10.75 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. The company's guidance on August 2
2023, for the period ended September 30, was for revenue between
$12.00 million and $13.00 million.
    * ​Refinitiv's mean analyst estimate for Intevac Inc is for
a loss
of 13 cents per share. The company's EPS guidance on August 2
2023, for the period ended September 30, was between $-0.15 and
$-0.13 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Intevac Inc
is
$7.34​, above​ its last closing price of $3.19. ​​​

The company's guidance on August 2 2023 for the period ended
September 30 was for gross profit margin between USD38% and
USD40%.
This summary was machine generated October 31 at 01:50 GMT.  All
figures in US dollars  unless otherwise stated