Intevac, Inc. (IVAC)

NASDAQ: IVAC · IEX Real-Time Price · USD
5.89
+0.04 (0.68%)
Dec 2, 2022 4:30 PM EST - Market closed
0.68%
Market Cap 148.83M
Revenue (ttm) 18.18M
Net Income (ttm) 29.57M
Shares Out 25.37M
EPS (ttm) 1.02
PE Ratio 5.76
Forward PE 29.24
Dividend n/a
Ex-Dividend Date n/a
Volume 46,567
Open 5.81
Previous Close 5.85
Day's Range 5.8 - 5.93
52-Week Range 3.93 - 6.1
Beta 0.65
Analysts Buy
Price Target 6.63 (+12.6%)
Earnings Date Nov 2, 2022

About IVAC

Intevac, Inc., together with its subsidiaries, designs and develops thin-film processing systems primarily in the United States and Asia. It designs, develops, and markets vacuum process equipment solutions for manufacturing small substrates with precise thin-film properties, such as for the hard disk drive, display cover panel, and other adjacent thin-film markets. The company sells its products primarily through its direct sales force. Intevac, Inc. was incorporated in 1990 and is headquartered in Santa Clara, California. [Read more]

Industry Technology Hardware, Storage & Peripherals
IPO Date Nov 21, 1995
Employees 148
Stock Exchange NASDAQ
Ticker Symbol IVAC
Full Company Profile

Financial Performance

In 2021, Intevac's revenue was $38.52 million, a decrease of -26.10% compared to the previous year's $52.13 million. Earnings were $26.62 million, an increase of 2,420.83%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for IVAC stock is "Buy." The 12-month stock price forecast is 6.63, which is an increase of 12.56% from the latest price.

Price Target
$6.63
(12.56% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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

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 ...

1 week ago - Business Wire

Intevac Announces Participation in 11th Annual NYC Summit

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 ...

2 weeks ago - Business Wire

Intevac Announces Third Quarter 2022 Financial Results

SANTA CLARA, Calif.

1 month ago - Business Wire

Intevac Announces $12 Million Order for HDD Technology Upgrades

SANTA CLARA, Calif.

1 month ago - Business Wire

Intevac to Announce Third Quarter Results on November 2nd

SANTA CLARA, Calif.

1 month ago - Business Wire

Mark Popovich Joins Intevac as Vice President of Business Development

SANTA CLARA, Calif.

1 month ago - Business Wire

John Dickinson to Join Intevac as Vice President of Operations

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 Compa...

3 months ago - Business Wire

Intevac Announces Second Quarter 2022 Financial Results

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 incre...

4 months ago - Business Wire

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, will release financial results for its fiscal second quarter 2022 at approximately...

4 months ago - Business Wire

Intevac Announces Participation in Upcoming IDEAS and CEO Summit Investor Events

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 ...

5 months ago - Business Wire

Intevac Announces First Quarter 2022 Financial Results

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 quarterl...

6 months ago - Business Wire

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, today announced the receipt of an $11 million order for 200 Lean® systems. These s...

7 months ago - Business Wire

Intevac to Announce First Quarter Results on May 9th

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 ...

7 months ago - Business Wire

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

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 ...

7 months ago - Business Wire

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....

7 months ago - Business Wire

Intevac Announces Multi-Year 200 Lean Upgrade and Refurbishment Agreement

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 upgr...

9 months ago - Business Wire

Intevac Announces Fourth Quarter and Full Year 2021 Financial Results

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the fiscal fourth quarter and year ended January 1, 2022. Fiscal 2021 Highlights Completion of the...

9 months ago - Business Wire

Intevac to Announce Fourth Quarter and Fiscal Year 2021 Results on February 9th

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 2021 at...

10 months ago - Business Wire

Intevac Names Nigel Hunton As CEO

Intevac Inc (NASDAQ: IVAC) has appointed Nigel Hunton as its president and CEO and member of the board of directors, effective January 19, 2022. Wendell Blonigan, who has served as president and CEO and...

10 months ago - Benzinga

Intevac Appoints Nigel Hunton as Chief Executive Officer

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq:IVAC, “Intevac” or “the Company”), a leading supplier of thin-film processing systems, today announced the appointment of Nigel Hunton as pres...

10 months ago - Business Wire

Intevac Announces Sale of Photonics Business

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), (“Intevac” or the “Company), a leading supplier of thin-film processing systems, today announced the sale of its Photonics business (“...

11 months ago - Business Wire

Intevac Secures $10M New HDD Orders

Intevac, Inc. (NASDAQ: IVAC) has received $10 million in new HDD orders, consisting of one 200 Lean system and technology upgrades, adding to the company's backlog at year-end 2021. The company expects ...

1 year ago - Benzinga

Intevac Announces $10 Million in New HDD Orders

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced the receipt of $10 million in new HDD orders. These orders consist...

1 year ago - Business Wire

Intevac: Q3 Earnings Insights

Intevac (NASDAQ:IVAC) reported its Q3 earnings results on Monday, November 1, 2021 at 04:05 PM. Here's what investors need to know about the announcement.

1 year ago - Benzinga

Intevac Announces Third Quarter 2021 Financial Results

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and nine months ended October 2, 2021. “We are pleased to report Q3 financial results ...

1 year ago - Business Wire