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Recap: Intevac Q4 Earnings

Benzinga ·  Feb 6 05:25

Intevac (NASDAQ:IVAC) reported its Q4 earnings results on Monday, February 5, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Intevac beat estimated earnings by 41.67%, reporting an EPS of $-0.07 versus an estimate of $-0.12.

Revenue was up $1.65 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13 which was followed by a 11.54% increase in the share price the next day.

Here's a look at Intevac's past performance:

QuarterQ3 2023Q2 2023Q1 2023Q4 2022
EPS Estimate-0.13-0.21-0.18-0.18
EPS Actual0-0.19-0.16-0.13
Revenue Estimate12.50M8.50M11.25M10.00M
Revenue Actual17.91M10.30M11.54M11.26M

To track all earnings releases for Intevac visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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