Intevac Inc. (IVAC) reported Loss for first quarter that decreased from the same period last year
The company's bottom line came in at -$1.6 million, or -$0.06 per share. This compares with -$3.9 million, or -$0.15 per share, in last year's first quarter.
Excluding items, Intevac Inc. reported adjusted earnings of -$2.7 million or -$0.10 per share for the period.
The company's revenue for the quarter fell 16.5% to $9.6 million from $11.5 million last year.
Intevac Inc. earnings at a glance (GAAP) :
-Earnings (Q1): -$1.6 Mln. vs. -$3.9 Mln. last year.
-EPS (Q1): -$0.06 vs. -$0.15 last year.
-Revenue (Q1): $9.6 Mln vs. $11.5 Mln last year.
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