Intevac (IVAC) Expected to Announce Earnings on Monday

Intevac (NASDAQ:IVAC) will likely be announcing its earnings results before the market opens on Monday, February 17th. Analysts expect the company to announce earnings of ($0.18) per share and revenue of $9.88 million for the quarter.

Intevac (NASDAQ:IVAC) last posted its quarterly earnings data on Monday, November 11th. The electronics maker reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.07. Intevac had a negative net margin of 13.55% and a negative return on equity of 8.82%. The firm had revenue of $28.51 million during the quarter.

Intevac Trading Down 2.6 %

Shares of IVAC stock opened at $3.38 on Thursday. The firm’s 50 day moving average is $3.36 and its 200-day moving average is $3.35. Intevac has a 1 year low of $2.46 and a 1 year high of $4.42. The firm has a market capitalization of $91.16 million, a price-to-earnings ratio of -10.24 and a beta of 0.65.

Wall Street Analysts Forecast Growth

IVAC has been the topic of several research reports. Benchmark reaffirmed a “hold” rating on shares of Intevac in a research note on Tuesday, November 12th. StockNews.com began coverage on shares of Intevac in a research report on Wednesday, January 1st. They issued a “hold” rating on the stock.

About Intevac

Intevac, Inc, together with its subsidiaries, engages in the designing, developing, and manufacturing thin-film processing systems in the United States, Europe, and Asia. It designs, develops, and markets vacuum process equipment solutions for manufacturing small substrates with precise thin-film properties, such as hard disk drive, advanced coatings, and other adjacent thin-film markets.