Intevac: Q1 Earnings Snapshot
SANTA CLARA, Calif. (AP) _ Intevac Inc. (IVAC) on Monday reported a loss of $6.5 million in its first quarter.
On a per-share basis, the Santa Clara, California-based company said it had a loss of 27 cents.
The producer of manufacturing equipment used in the disk drive, solar, semiconductor and photonics industries posted revenue of $16.2 million in the period.
Intevac shares have decreased 12% since the beginning of the year. In the final minutes of trading on Monday, shares hit $6.35, an increase of 20% in the last 12 months.