Intevac. (IVAC) Tops Q3 EPS by 5c

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Intevac Announces Third Quarter 2015 Financial Results

November 2, 2015 4:05 PM EST

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and nine months ended October 3, 2015.

Im pleased to report that in the third quarter we achieved the highest level of bookings in over two years, including over $19 million in Thin-film Equipment orders and over $8 million in Photonics orders, commented Wendell Blonigan, Intevacs president and chief executive officer. Our Thin-film Equipment bookings in the third quarter demonstrated significant progress in our growth initiatives, winning Tier 1 customers for each of our new system orders: VERTEX PVD for... More