Intevac Inc expected to post a loss of 18 cents a share - Earnings Preview

Intevac

02/05/2023 03:07

* Intevac Inc  IVAC.OQ   IVAC.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 3. 
    * The Santa Clara California-based  company is expected to
report 
a 153.1% increase in revenue to $11.25 million from $4.45
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. The company's guidance on
February 1 2023, for the period ended March 31, was for revenue
between $10.50 million and $11.50 million.
    * ​Refinitiv's mean analyst estimate for Intevac Inc is for
a loss
of 18 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"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
$10.5​, above​ its last closing price of $6.29. ​​​

The company's guidance on February 1 2023 for the period ended
March 31 was for gross profit margin between USD40% and USD42%.
This summary was machine generated May 2 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated