Intevac, Inc. (IVAC) Tops Q2 EPS by 9c

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Intevac Announces Second Quarter 2015 Financial Results

August 3, 2015 4:05 PM EDT

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and six months ended July 4, 2015.

We made significant progress in our Thin-Film Equipment growth strategy during the second quarter, commented Wendell Blonigan, Intevacs president and chief executive officer. The proprietary protective carbon film weve engineered for our production VERTEX PVD system has demonstrated outstanding performance as a cost-effective, optically-transparent, scratch-protective solution for cell phone display cover panels. We won a new Tier 1 customer for this marketplace, in which we generated excitement for our film by working... More