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Last $5.25 USD
Change Today -0.10 / -1.87%
Volume 74.5K
IVAC On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

intevac inc (IVAC) Snapshot

Open
$5.31
Previous Close
$5.35
Day High
$5.36
Day Low
$5.16
52 Week High
04/21/14 - $9.01
52 Week Low
04/17/15 - $5.16
Market Cap
122.3M
Average Volume 10 Days
68.1K
EPS TTM
$-1.17
Shares Outstanding
23.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for INTEVAC INC (IVAC)

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intevac inc (IVAC) Details

Intevac, Inc. provides process manufacturing equipment solutions to the hard disk drive industry, and thin-film processing systems to the photovoltaic and adjacent thin-film deposition applications. The company’s Equipment segment designs, manufactures, markets, and services hard disk drive equipment products, such as disk sputtering and disk lubrication systems; and offers technology upgrades, and spare parts and consumables, as well as installation, maintenance, and repair services. Its solar manufacturing products include vacuum process manufacturing solutions for c-Si applications; INTEVAC MATRIX physical vapor deposition systems used in various steps in the manufacture of solar cells, including electrical contacts, conductor layers, reflective layers, and dielectric films; and ENERGi ion implant systems, which enable precision engineering of the dopant elements comprising phosphorous and boron to form the emitter in the solar cell. This segment also provides INTEVAC VERTEX, a vertical physical vapor deposition system for deposition of diamond-like carbon, silicon oxide, and niobium oxide films on glass substrates. The company’s Photonics segment develops, manufactures, and sells digital-optical products for the capture and display of low-light images for use in military aircraft, ground vehicles, soldier head-mounted, and weapon-mounted applications; and offers sensors, cameras, and near-eye display systems for military applications. This segment also provides MicroVista product line of commercial compact and lightweight low-light complementary metal–oxide–semiconductor cameras, which provide high sensitivity in the ultraviolet, visible, or NIR regions of the spectrum for use in industrial inspection, bio-medical, and scientific applications. The company sells its products through direct sales force and distributors in the United States and internationally. Intevac, Inc. was founded in 1990 and is headquartered in Santa Clara, California.

265 Employees
Last Reported Date: 02/18/15
Founded in 1990

intevac inc (IVAC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $221.2K
Founder and Chairman of the Board
Total Annual Compensation: $325.5K
Executive Vice President and General Manager ...
Total Annual Compensation: $275.0K
Vice President of Business Development
Total Annual Compensation: $315.8K
Executive Advisor
Total Annual Compensation: $291.0K
Compensation as of Fiscal Year 2013.

intevac inc (IVAC) Key Developments

Intevac Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2015

Intevac Inc. provided earnings guidance for the first quarter and full year of 2015. For the first quarter of 2015, the company is projecting consolidated revenues to be between $16.5 million and $21 million, including 1,200 Lean system and 1 MATRIX PVD system at the high end. The company is projecting a net loss in the range of $0.12 to $0.19 per share based on an estimate of 23.7 million shares. The company expect revenue in 2015 to be similar to 2014 levels. There is potential upside, which will be dependent on the adoption speed of equipment growth initiatives, HDD manufacturers' fiscal 2016 budgets and government funding allocations.

Intevac Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended January 3, 2015

Intevac Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended January 3, 2015. The net loss for the quarter was $14.4 million, or $0.62 per diluted share. This compares to a net income of $1.7 million, or $0.07 per share, in the fourth quarter of 2013. The non-GAAP net loss, which primarily excludes the valuation allowance established against deferred tax assets, was $5.0 million, or $0.22 per share, compared to a non-GAAP net loss $2.0 million or $0.08 per share, for the fourth quarter of 2013. Revenues were $19.1 million, including $9.1 million of Equipment revenues and Photonics revenues of $10.0 million. In the fourth quarter of 2013, revenues were $20.6 million, including $12.8 million of Equipment revenues and Photonics revenues of $7.7 million, which included $3.5 million of research and development contracts. Total operating loss was $5.3 million compared to operating income of $1.175 million a year ago. Non-GAAP operating loss was $5.569 million compared to $2.528 million a year ago. For the full year, the net loss was $27.4 million, or $1.16 per share, compared to a net loss of $15.7 million, or $0.66 per share, for fiscal 2013. The non-GAAP net loss was $17.8 million or $0.75 per share, compared to the non-GAAP net loss of $18.5 million, or $0.78 per share for fiscal 2013. Revenues were $65.6 million, including $25.3 million of Equipment revenues and Photonics revenues of $40.3 million, compared to revenues of $69.6 million, including $39.1 million of Equipment revenues and Photonics revenues of $30.5 million for 2013. Total operating loss was $19.354 million compared to $17.823 million a year ago. Non-GAAP operating loss was $19.316 million compared to $20.600 million a year ago.

Intevac Inc. to Report Q4, 2014 Results on Feb 04, 2015

Intevac Inc. announced that they will report Q4, 2014 results at 4:30 PM, US Eastern Standard Time on Feb 04, 2015

 

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IVAC

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Valuation IVAC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.9x
Price/Book 1.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.1x
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