Intevac Announces Fourth Quarter and Full Year 2020 Financial Results

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Intevac. (IVAC) Tops Q4 EPS by 2c, Revenues Beat

February 3, 2021 4:45 PM EST

Intevac. (NASDAQ: IVAC) reported Q4 EPS of $0.05, $0.02 better than the analyst estimate of $0.03. Revenue for the quarter came in at $28.9 million versus the consensus estimate of $26.9 million.

Given the immense challenges faced in 2020, we are pleased to report profitable results and strong cash flow generation for the year, commented Wendell Blonigan, president and chief executive officer of Intevac. Our profitable results were driven primarily by our Photonics... More