Date | Price Target | Rating | Analyst |
---|---|---|---|
6/14/2023 | Buy → Hold | The Benchmark Company | |
1/3/2023 | $9.00 | Hold → Buy | The Benchmark Company |
2/10/2022 | Buy → Hold | Benchmark | |
2/10/2022 | Buy → Hold | The Benchmark Company |
SC 13G/A - INTEVAC INC (0001001902) (Subject)
SC 13G/A - INTEVAC INC (0001001902) (Subject)
SC 13G/A - INTEVAC INC (0001001902) (Subject)
Intevac, Inc. (NASDAQ:IVAC) today reported financial results for the quarter and six months ended June 29, 2024. "We witnessed strengthening demand for hard disk drive (HDD) media technology upgrades during the second quarter, and our team in Singapore provided solid execution, which led to revenues well ahead of expectations," commented Nigel Hunton, president and chief executive officer. "Today's media upgrade initiatives, including those in support of the HAMR (heat-assisted magnetic recording) technology transitions now underway, demonstrate Intevac's critical role within the HDD ecosystem. Our flagship 200 Lean® is the world's leading platform for media production, both today and for
Intevac, Inc. (NASDAQ:IVAC) today reported financial results for the first quarter ended March 30, 2024. Q1 Highlights: Continued strong demand for technology upgrades for hard disk drive (HDD) media resulted in sales of nearly $10 million and gross margin approaching 44% for the quarter. New orders exceeded $20 million for the quarter, and included HDD technology upgrade bookings from multiple customers, including initial HAMR (heat-assisted magnetic recording) upgrade orders from a leading data storage company. Completed agreement related to payment terms with a major HDD customer. Resolved our JDA agreement in order to work directly with key OEMs and their direct suppliers,
Intevac, Inc. (NASDAQ:IVAC), a leading supplier of thin-film processing systems, today reported financial results for the fiscal fourth quarter and year ended December 30, 2023. Q4 and Fiscal 2023 Highlights Successfully completed TRIO™ development program and achieved qualification of initial TRIO system before year-end 2023. Q4 sales of $12.9 million exceeded prior expectations due to the acceleration of heat-assisted magnetic recording (HAMR) technology upgrades for our hard disk drive (HDD) customers. Total revenues of $52.7 million for fiscal 2023 represented very strong growth of 47% year-over-year. Achieved all-time record sales of HDD upgrades – for both the fiscal third
The Benchmark Company downgraded Intevac from Buy to Hold
The Benchmark Company upgraded Intevac from Hold to Buy and set a new price target of $9.00
Benchmark downgraded Intevac from Buy to Hold
Intevac (NASDAQ:IVAC) reported quarterly losses of $(0.10) per share which beat the analyst consensus estimate of $(0.17) by 41.18 percent. This is a 37.5 percent increase over losses of $(0.16) per share from the same period last year. The company reported quarterly sales of $9.631 million which beat the analyst consensus estimate of $6.500 million by 48.17 percent. This is a 16.56 percent decrease over sales of $11.542 million the same period last year.
Intevac (NASDAQ:IVAC) reported its Q4 earnings results on Monday, February 5, 2024 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Intevac beat estimated earnings by 41.67%, reporting an EPS of $-0.07 versus an estimate of $-0.12. Revenue was up $1.65 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.13 which was followed by a 11.54% increase in the share price the next day. Here's a look at Intevac's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate -0.13 -0.21 -0.18 -0.18 EPS Actual 0 -0.19 -0.16 -0.13 Revenue Estimate 12.50M 8.50M 11.25M 10.00M Revenue Actual 17.91
Intevac, Inc. (NASDAQ:IVAC), a leading supplier of thin-film processing systems, today announced that it has expanded its Board of Directors with the appointment of industry veteran Eiji Miyanaga, as a new independent director. Mr. Miyanaga most recently served on the board of directors of Ferrotec Holdings Corporation (JASDAQ: 6890), a leading global supplier of advanced materials, components, and precision system solutions used in a broad array of end products, manufacturing systems, and industries, with over $1.5B of sales annually. Mr. Miyanaga spent the majority of the last 30 years serving as CEO of Ferrotec USA, where he transformed the company from a single technology-based busine
Intevac, Inc. (NASDAQ:IVAC), a leading supplier of thin-film processing systems, today announced the appointment of Cameron McAulay as the Company's chief financial officer (CFO), effective today. Mr. McAulay succeeds Kevin Soulsby, who has served as interim CFO since August 2023 and today resumes his role as corporate controller for Intevac. Cameron McAulay brings extensive experience in operational finance and over 25 years of financial management expertise to Intevac. Mr. McAulay served as CFO of Transphorm, Inc., a NASDAQ-listed semiconductor company and pioneer in GaN power conversion products, from 2015 until its recent $339M acquisition by Renesas Electronics Corporation. Prior to
Company Reaffirms Year-End Cash Outlook and Increases 2023 Revenue Outlook Intevac, Inc. (NASDAQ:IVAC), a leading supplier of thin-film processing systems, announced today that the Company has retained investment banking firm Houlihan Lokey Capital, Inc. ("Houlihan Lokey") to advise management and the board of directors on strategic alternatives. Additionally, the board has formed a strategic committee comprised of independent directors David Dury and Kevin Barber to work with management and Houlihan Lokey in evaluating options to increase stockholder value. "The ongoing challenges within the hard disk drive (HDD) industry resulted in the unprecedented cancellation of $54 million in 200
8-K - INTEVAC INC (0001001902) (Filer)
S-8 - INTEVAC INC (0001001902) (Filer)
10-Q - INTEVAC INC (0001001902) (Filer)
4 - INTEVAC INC (0001001902) (Issuer)
3 - INTEVAC INC (0001001902) (Issuer)
4 - INTEVAC INC (0001001902) (Issuer)
Intevac, Inc. (NASDAQ:IVAC), a leading supplier of thin-film processing systems, today announced that it has expanded its Board of Directors with the appointment of industry veteran Eiji Miyanaga, as a new independent director. Mr. Miyanaga most recently served on the board of directors of Ferrotec Holdings Corporation (JASDAQ: 6890), a leading global supplier of advanced materials, components, and precision system solutions used in a broad array of end products, manufacturing systems, and industries, with over $1.5B of sales annually. Mr. Miyanaga spent the majority of the last 30 years serving as CEO of Ferrotec USA, where he transformed the company from a single technology-based busine
Intevac, Inc. (NASDAQ:IVAC, "Intevac" or "the Company"))), a leading supplier of thin-film processing systems, today announced, as required by Nasdaq Stock Market rules, the grant of inducement awards to Cameron McAulay in connection with his appointment as Intevac's new Chief Financial Officer, Secretary and Treasurer in July 2024. Such grants were made under the Intevac, Inc. 2022 Inducement Equity Incentive Plan, which Intevac's board of directors approved and adopted on January 19, 2022, as amended July 1, 2024. As provided for in Mr. McAulay's employment offer letter with Intevac and previously described in the Current Report on Form 8-K filed by Intevac with the Securities and Excha
Intevac, Inc. (NASDAQ:IVAC) today reported financial results for the quarter and six months ended June 29, 2024. "We witnessed strengthening demand for hard disk drive (HDD) media technology upgrades during the second quarter, and our team in Singapore provided solid execution, which led to revenues well ahead of expectations," commented Nigel Hunton, president and chief executive officer. "Today's media upgrade initiatives, including those in support of the HAMR (heat-assisted magnetic recording) technology transitions now underway, demonstrate Intevac's critical role within the HDD ecosystem. Our flagship 200 Lean® is the world's leading platform for media production, both today and for