Intevac. (IVAC) Tops Q1 EPS by 6c, Revenues Beat
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Intevac Announces First Quarter 2019 Financial Results
April 29, 2019 4:05 PM EDTSANTA CLARA, Calif.--(BUSINESS WIRE)-- Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the first quarter ended March30,2019.
We were pleased to deliver first-quarter results that were stronger than forecast, due to upside in our hard drive system upgrades business and continued close control of expenses, commented Wendell Blonigan, president and chief executive officer of Intevac. After record orders for our Photonics business in Q4, in Q1 we continued to make progress toward realizing the future revenue growth potential for our next-generation digital night vision technologies. In our Thin-film Equipment (TFE) growth... More
