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

Intevac

03/05/2023 22:02

* Intevac Inc  IVAC.OQ  reported a quarterly adjusted loss
of 15
cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of 18
cents per share.
    * Revenue rose 159.7% to $11.54 million from a year ago;
analysts
expected $11.25 million. 
    * Intevac Inc's reported EPS for the quarter was a loss
of 15
cents​.
    * The mean earnings estimate of analysts had risen by
about 16.3%
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 13.6% this quarter and
lost 2.2% so far this year.
    * The company reported a quarterly loss of $3.89 million.
    * Wall Street's median 12-month price target for Intevac Inc
is
$10.50 
    * 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 LSEG Refinitiv data May
3 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.18          -0.15          Beat
 Dec. 31 2022      -0.18          -0.12          Beat
 Sep. 30 2022      -0.15          -0.13          Beat
 Jun. 30 2022      -0.15          -0.11          Beat