Intevac. (IVAC) Tops Q2 EPS by 18c

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Intevac Announces Second Quarter 2020 Financial Results

July 27, 2020 4:05 PM EDT

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and six months ended June 27, 2020.

We are pleased to report profitable second-quarter financial results, demonstrating excellent execution by our team in delivering strong levels of business to our hard disk drive (HDD) customers and a record quarter in Photonics, commented Wendell Blonigan, president and chief executive officer. In light of the constraints placed on our operations and supply chain as a result of the COVID-19 pandemic, our financial results are indicative of the essential role... More