Intevac (IVAC) Expected to Announce Quarterly Earnings on Monday

Intevac (NASDAQ:IVAC) will likely be announcing its earnings results 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. Investors that are interested in registering for the company’s conference call can do so using this link.

Intevac Stock Up 0.2 %

Shares of NASDAQ IVAC opened at $4.04 on Friday. Intevac has a 12-month low of $2.46 and a 12-month high of $4.42. The company has a market cap of $108.96 million, a price-to-earnings ratio of -12.24 and a beta of 0.65. The firm’s 50-day simple moving average is $3.43 and its 200 day simple moving average is $3.36.

Wall Street Analysts Forecast Growth

IVAC has been the topic of a number of analyst reports. StockNews.com downgraded shares of Intevac from a “hold” rating to a “sell” rating in a research report on Friday. Benchmark reissued a “hold” rating on shares of Intevac in a research note on Tuesday, November 12th.

Intevac Company Profile

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.