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Intevac: Q1 Earnings Snapshot

Intevac: Q1 Earnings Snapshot

By AP News
Published - Apr 25, 2024, 07:57 AM ET
Last Updated - May 27, 2024, 01:07 AM EDT

SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Intevac Inc. (IVAC) on Thursday reported a loss of $1.6 million in its first quarter.

On a per-share basis, the Santa Clara, California-based company said it had a loss of 6 cents. Losses, adjusted to account for discontinued operations, came to 10 cents per share.

The producer of manufacturing equipment used in the disk drive, solar, semiconductor and photonics industries posted revenue of $9.6 million in the period.

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