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IVAC Intevac News Story

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

* Intevac Inc  IVAC.OQ  reported a quarterly adjusted loss
of 19
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 21
cents per share.
    * Revenue rose 10.7% to $10.30 million from a year ago;
analysts
expected $8.50 million. 
    * Intevac Inc's reported EPS for the quarter was a loss
of 19
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.4%
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 fallen by 5.6% this quarter and
lost 45.3% so far this year.
    * The company reported a quarterly loss of $4.88 million.
    * Wall Street's median 12-month price target for Intevac Inc
is
$10.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 09:50 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.21          -0.19          Beat
 Mar. 31 2023      -0.18          -0.15          Beat
 Dec. 31 2022      -0.18          -0.12          Beat
 Sep. 30 2022      -0.15          -0.13          Beat

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