Intevac, Inc. (NASDAQ:IVAC) is set to announce second quarter earning results on Monday 27th July 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, IVAC to report 2Q20 loss of $ 0.12 per share.
For the full year, analysts anticipate top line of $ 87.72 million, while looking forward to loss of $ 0.14 per share bottom line.
Previous Quarter Performance
Intevac, Inc. recorded loss for the first quarter of $ 0.05 per share, from the revenue of $ 18.84 million. The quarterly revenues down 24.12 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.12 per share from $ 18.35 million in revenue. The bottom line results beat street analysts by $ 0.07 or 58.33 percent, at the same time, top line results outshined analysts by $ 0.49 million or 2.67 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of IVAC was $ 5.31, representing a 67.51 % increase from the 52 week low of $ 3.17 and a 30.86 % decrease over the 52 week high of $ 7.68.
The company has a market capital of $ 124.73 million and is part of the Technology sector and Electronic Components industry.
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Conference Call
Intevac, Inc. will be hosting a conference call at 4:30 PM eastern time on 27th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.intevac.com
Intevac, Inc. provides vacuum deposition equipment for various thin-film applications, and digital night-vision technologies and products to the defense industry in the United States, Asia, Europe, and internationally. The company operates through two segments, Thin-Film Equipment and Photonics.
