Intevac. (IVAC) Tops Q4 EPS by 5c
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Intevac Announces Fourth Quarter and Full Year 2017 Financial Results
January 31, 2018 4:05 PM ESTSANTA CLARA, Calif.--(BUSINESS WIRE)-- Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the fiscal fourth quarter and year ended December 30, 2017.
2017 Highlights
Third straight year of growth in total revenues and orders Total revenues up 41% from 2016 New orders of $108 million, up 11% from 2016 Significant growth in Thin-film Equipment (TFE) business Revenues up 75% year-over-year, with significant growth in both new TFE growth initiatives, as well as Hard Disk Drive (HDD) systems and upgrades Year-end backlog up for the... More