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, and Europe. It operates through two segments, Thin-film Equipment and Photonics. The company was founded in 1990 and is based in Santa Clara, California.
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC) announced today that management is scheduled to participate in the Jefferies Semiconductor, IT Hardware & Communications Infrastructure Virtual Summit on Tuesday, September 1st. The investor presentation utilized during the event will be made accessible on the Company’s investor relations website, https://ir.intevac.com/. About Intevac Intevac was founded in 1991 and has two businesses: Thin-film Equipment and Photonics. In
Intevac (IVAC) had a surprisingly good quarter despite some pandemic headwinds, even producing a GAAP profit and positive cash flow. Once these headwinds subside, we think there is further upside for next year. The company has two segments: TFE (Thin film) Photonics The thin film segment consists of several different...
Shareholders Unite on Seeking Alpha | August 10, 2020
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and six months ended June 27, 2020. “We are pleased to report profitable second-quarter financial results, demonstrating excellent execution by our team in delivering strong levels of business to our hard disk drive (HDD) customers and a record quarter in Photonics,” commented Wendell Blonigan, president and chief executive officer. “In light of the constraints placed on our opera