Intevac Inc reports results for the quarter ended in December - Earnings Summary

Intevac

01/02/2023 22:02

* Intevac Inc  IVAC.OQ  reported a quarterly adjusted loss
of 12
cents​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for a loss of 18
cents per share.
    * Revenue fell 29.3% to $11.26 million from a year ago;
analysts
expected $10.00 million. 
    * Intevac Inc's reported EPS for the quarter was a loss
of 12
cents​.
    * The mean earnings estimate of analysts had fallen by
about 50%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Intevac Inc shares had risen by 6.0% this quarter.
    * The company reported a quarterly loss of $3.17 million.
    * Wall Street's median 12-month price target for Intevac Inc
is
$7.75 
    * 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." 

This summary was machine generated from Refinitiv data February
1 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.18          -0.12          Beat
 Sep. 30 2022      -0.15          -0.13          Beat
 Jun. 30 2022      -0.15          -0.11          Beat
 Mar. 31 2022      -0.25          -0.32          Missed