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Intevac Inc IVAC

Technology Computer Systems
Intevac, Inc. is a provider of thin-film process technology and manufacturing platforms for high-volume manufacturing environments. The Company operates through a single segment, which is Thin Film Equipment (TFE). The TFE segment designs, develops and markets vacuum process equipment solutions for high-volume manufacturing of small substrates with precise thin-film properties, such as for the hard disk drive (HDD) and advanced coatings (ADVC) markets, as well as other adjacent thin-film markets. In HDD Equipment Market, it designs, manufactures, markets and services complex capital equipment used to deposit thin films and lubricants onto substrates to produce magnetic disks. In ADVC Market, the Company develops equipment to deposit optically transparent thin films onto display cover panels typically found on consumer and automotive electronics products. Its products include 200 Lean Disk Sputtering System, TRIO, and upgrades, spares, consumables and services (non-systems business).


NDAQ:IVAC - Post by User

Intevac Inc
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Post by whytestockson Apr 25, 2024 11:45am
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Post# 36007290

Intevac Announces First Quarter 2024 Financial Results

Intevac Announces First Quarter 2024 Financial Results
BREAKING NEWS: $IVAC Intevac Announces First Quarter 2024 Financial ResultsIntevac, Inc. (Nasdaq: IVAC) today reported financial results for the first quarter ended March 30, 2024. Q1 Highlights: Continued strong demand for technology upgrades for hard disk drive (HDD) media resulted in sales of nearly $10 million and gross margin approaching 44% for t...IVAC - Intevac Announces First Quarter 2024 Financial Results

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