Intevac: 1Q Earnings Snapshot
SANTA CLARA, Calif. (AP) _ Intevac Inc. (IVAC) on Monday reported a loss of $2.4 million in its first quarter.
On a per-share basis, the Santa Clara, California-based company said it had a loss of 10 cents.
The producer of manufacturing equipment used in the disk drive, solar, semiconductor and photonics industries posted revenue of $24.8 million in the period.
In the final minutes of trading on Monday, the company's shares hit $4.76. A year ago, they were trading at $6.40.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IVAC at https://www.zacks.com/ap/IVAC
