Detail akcie Intevac online

Business Summary: 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).
Financial Summary: BRIEF: For the three months ended 30 March 2024, Intevac Inc revenues decreased 17% to $9.6M. Net loss before extraordinary items decreased 35% to $2.7M. Revenues reflect United States segment decrease of 70% to $482K, Asia segment decrease of 8% to $9.1M. Lower net loss reflects Other income (expense),net increase from $40K to $1.5M (income), Selling, general and administrative decrease of 18% to $4.3M (expense).