Intevac (IVAC) Expected to Announce Quarterly Earnings on Monday

Intevac (NASDAQ:IVAC) is anticipated to issue its quarterly earnings data before the market opens on Monday, February 17th. Analysts expect the company to announce earnings of ($0.18) per share and revenue of $9.88 million for the quarter.

Intevac (NASDAQ:IVAC) last posted its quarterly earnings data on Monday, November 11th. The electronics maker reported ($0.08) EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.07. The firm had revenue of $28.51 million during the quarter. Intevac had a negative net margin of 13.55% and a negative return on equity of 8.82%.

Intevac Trading Down 2.6 %

Shares of Intevac stock opened at $3.38 on Thursday. The stock has a 50-day moving average price of $3.36 and a 200 day moving average price of $3.35. The company has a market cap of $91.16 million, a P/E ratio of -10.24 and a beta of 0.65. Intevac has a 1 year low of $2.46 and a 1 year high of $4.42.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Benchmark reiterated a “hold” rating on shares of Intevac in a research report on Tuesday, November 12th. StockNews.com started coverage on shares of Intevac in a research note on Wednesday, January 1st. They issued a “hold” rating for the company.

About Intevac

Intevac, Inc, together with its subsidiaries, engages in the designing, developing, and manufacturing thin-film processing systems in the United States, Europe, and Asia. It designs, develops, and markets vacuum process equipment solutions for manufacturing small substrates with precise thin-film properties, such as hard disk drive, advanced coatings, and other adjacent thin-film markets.