Intevac

Intevac, Inc. engages in the design, manufacture and marketing of thin-film processing systems, digital sensors, cameras and systems. It operates its business through the Thin-film Equipment and Photonics segments. The Thin-film Equipment segment offers vacuum process equipment solutions for high-volume manufacturing of small substrates with precise thin-film properties, such as for the hard drive, solar cell and DCP industries, as well as other adjacent thin-film markets. The Photonics segment develops digital-optical products for the capture and display of low-light images. The company was founded by Norman H. Pond in 1991 and is headquartered in Santa Clara, CA.

Earnings data Q1 2023

Earnings data Q2 2023

Intevac, Inc. (NASDAQ:IVAC ) Q4 2022 Earnings Conference Call February 1, 2023 4:30 PM ET Company Participants Claire McAdams - Investor Relations Nigel Hunton - President and Chief Executive Officer Jim Moniz - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Hendi Susanto - Gabelli Funds Mark Miller - The Benchmark Company Dan Weston - WestCap Management Operator Hello and welcome to Intevac's Fourth Quarter and Fiscal Year 2022 Financial Results Conference Call. [Operator Instructions].

Intevac, Inc. (IVAC) Q4 2022 Earnings Call Transcript

Intevac (IVAC) delivered earnings and revenue surprises of 27.78% and 12.59%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Intevac (IVAC) Reports Q4 Loss, Tops Revenue Estimates

SANTA CLARA, Calif.--( BUSINESS WIRE )--Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the fiscal fourth quarter and year ended December 31, 2022.

Intevac Announces Fourth Quarter and Full Year 2022 Financial Results

SANTA CLARA, Calif.--( BUSINESS WIRE )--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, will release financial results for its fiscal fourth quarter and full year 2022 at approximately 1 p.m. PT (4 p.m. ET) on Wednesday, February 1st, 2023.

Intevac to Announce Fourth Quarter and Fiscal Year 2022 Results on February 1st

SANTA CLARA, Calif.--( BUSINESS WIRE )--Intevac, Inc. (Nasdaq:IVAC), a leading supplier of thin-film processing systems, today announced that management is scheduled to participate virtually in the 25th Annual Needham Growth Conference on Thursday, January 12th. The presentation material utilized during the conference will be made accessible on the investor page of the Company's website at https://ir.intevac.com.

Intevac Announces Participation in 25th Annual Needham Growth Conference

SANTA CLARA, Calif.--( BUSINESS WIRE )--Intevac, Inc. (Nasdaq:IVAC, “Intevac” or “the Company”), a leading supplier of thin-film processing systems, today announced it has signed a joint development agreement with a major provider of glass and glass ceramic materials.

Intevac Announces Completion of Joint Development Agreement for TRIO™

SANTA CLARA, Calif.--( BUSINESS WIRE )--Intevac, Inc. (Nasdaq: IVAC, “Intevac” or “the Company”), a leading supplier of thin-film processing systems, today announced, as required by Nasdaq Stock Market rules, the grant of inducement awards to Eva Valencia in connection with her appointment as Intevac's new Vice President of Sales and Service in November 2022. Such grants were made under the Intevac, Inc. 2022 Inducement Equity Incentive Plan, which Intevac's board of directors approved and adopted on January 19, 2022.

Intevac Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)

SANTA CLARA, Calif.--( BUSINESS WIRE )--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced management's participation in the 11th Annual NYC Summit, being held Tuesday, December 13th at Mastro's New York.

Intevac Announces Participation in 11th Annual NYC Summit

Intevac, Inc. (NASDAQ:IVAC ) Q3 2022 Earnings Conference Call November 2, 2022 4:30 PM ET Company Participants Claire McAdams - IR Counsel Nigel Hunton - President, CEO & Director James Moniz - EVP, Finance & Administration, CFO, Treasurer and Secretary Conference Call Participants Mark Miller - The Benchmark Company Operator Good day, and welcome to Intevac's Third Quarter 2022 Financial Results Conference Call. [Operator Instructions].

Intevac, Inc. (IVAC) Q3 2022 Earnings Call Transcript

Intevac Announces Third Quarter 2022 Financial Results

Intevac Announces $12 Million Order for HDD Technology Upgrades

Intevac to Announce Third Quarter Results on November 2nd

Mark Popovich Joins Intevac as Vice President of Business Development

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq:IVAC, “Intevac” or “the Company”), a leading supplier of thin-film processing systems, today announced that John Dickinson will join the Company as vice president of operations, effective September 1st, 2022. “John brings over 30 years of experience in engineering and operational leadership roles at some of the world's leading capital equipment companies, with particular expertise in the introduction of new technologies,” said Nigel Hu

John Dickinson to Join Intevac as Vice President of Operations

Intevac, Inc. (NASDAQ:IVAC ) Q2 2022 Earnings Conference Call August 3, 2022 4:30 PM ET Company Participants Claire McAdams - Investor Relations Nigel Hunton - President and Chief Executive Officer Jim Moniz - Chief Financial Officer Conference Call Participants Peter Wright - Intro-act Mark Miller - The Benchmark Company Operator Good day, and welcome to Intevac's Second Quarter 2022 Financial Results Conference Call [Operator Instructions]. Please note that this conference call is being recorded today, August 3, 2022.

Intevac, Inc. (IVAC) CEO Nigel Hunton on Q2 2022 Results - Earnings Call Transcript

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and six months ended July 2, 2022. Q2 Highlights: - Total backlog at quarter-end increased to over $100 million - Revenues exceeded forecast at $9.3 million - Gross margin of 48% was above forecast primarily due to favorable mix; and with continued control of expenses, our net loss from continuing operations was reduced to $0.10 per share, an improvement compared to the prior quar

Intevac Announces Second Quarter 2022 Financial Results

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, will release financial results for its fiscal second quarter 2022 at approximately 1 p.m. PT (4 p.m. ET) on Wednesday, August 3rd, 2022. At 1:30 p.m. PT (4:30 p.m. ET) on August 3rd, Intevac management will host a teleconference to discuss the Company's financial results. To participate in the teleconference, please call toll-free (877) 407-0989 prior to the start time, and re

Intevac to Announce Second Quarter Results on August 3rd

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced the Company's participation in two upcoming investor events: 12th Annual East Coast IDEAS Conference Virtual format with on-demand investor presentation 1x1 meetings scheduled for Wednesday, June 22nd, 2022 14th Annual CEO Summit Wednesday, July 13th, 2022 Small group meetings in AM meeting session: 9:30am until 12:00pm St. Regis San Francisco (convenient to SE

Intevac Announces Participation in Upcoming IDEAS and CEO Summit Investor Events

Intevac, Inc. (NASDAQ:IVAC ) Q1 2022 Earnings Conference Call May 9, 2022 4:30 PM ET Company Participants Nigel Hunton – President & Chief Executive Officer Jim Moniz – Chief Financial Officer Claire McAdams – Investor Relations Conference Call Participants Mark Miller – Benchmark Company Peter Wright – Intro-act Operator Good day and welcome to Intevac's First-Quarter 2022 Financial Results Conference Call. A brief question-and-answer session will follow the formal presentation.

Intevac, Inc. (IVAC) CEO Nigel Hunton on Q1 2022 Results - Earnings Call Transcript

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the first quarter ended April 2, 2022. Q1 Highlights: Achieved new 12-year record high in quarterly bookings and backlog for thin-film equipment New orders totaled $67 million Backlog increased to $87 million Booked $54 million order for multiple 200 Lean® systems Announced multi-year upgrade and refurbishment agreement valued at over $20 million Completed significant amount of restructuring

Intevac Announces First Quarter 2022 Financial Results

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced the receipt of an $11 million order for 200 Lean® systems. These systems are currently scheduled to be delivered in the second half of 2023. “We are pleased to announce our fourth significant HDD order within the last six months,” said Nigel Hunton, Intevac's president and chief executive officer. “In November of last year, we announced a $10 million order that

Intevac Announces $11 Million Order for 200 Lean Systems

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, will release financial results for its fiscal first quarter 2022 at approximately 1 p.m. PT (4 p.m. ET) on Monday, May 9th, 2022. At 1:30 p.m. PT (4:30 p.m. ET) on May 9th, Intevac management will host a teleconference to discuss the Company's financial results. To participate in the teleconference, please call toll-free (877) 407-0989 prior to the start time, and reference me

Intevac to Announce First Quarter Results on May 9th

SANTA CLARA, Calif.--(BUSINESS WIRE)--Third paragraph, second sentence of the release dated April 4, 2022 should read: “Over the past several months, we have appreciably grown backlog in support of the HDD industry's first significant media capacity additions since 2010." (instead of: "Over the past several months, we have appreciably grown backlog in support of the HDD industry's first significantly media capacity additions since 2010.") The updated release reads: INTEVAC ANNOUNCES $54 MILLION

CORRECTING and REPLACING Intevac Announces $54 Million Order for 200 Lean Systems

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced the receipt of a $54 million order for multiple 200 Lean® systems. The order includes eight expanded-module systems, each of which are configured with 28 process chambers for the production of advanced hard disk drive (HDD) media. Scheduled to ship over multiple quarters beginning in mid-2023, this order will be reflected in the Company's backlog at its fiscal

Intevac Announces $54 Million Order for 200 Lean Systems

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced a multi-year agreement with a leading data storage company to upgrade and refurbish multiple 200 Lean® systems. Valued at over $20 million, this agreement upgrades existing systems in the field, which were delivered by Intevac between 2004 and 2010. This technology upgrade and refurbishment program is expected to be deployed over the 2022 through 2024 timeframe

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