Intevac Announces Third Quarter 2020 Financial Results

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Go back to Intevac Announces Third Quarter 2020 Financial Results

Intevac. (IVAC) Tops Q3 EPS by 1c

October 26, 2020 4:27 PM EDT

Intevac. (NASDAQ: IVAC) reported Q3 EPS of ($0.02), $0.01 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $21.6 million versus the consensus estimate of $21.65 million.

Q3 revenues were aligned with our expectations, and with favorable product mix driving solid gross margins, our bottom-line results were better than forecast, commented Wendell Blonigan, president and chief executive officer. The... More