Intevac Inc expected to post a loss of 15 cents a share - Earnings Preview

Reuters

Nov 09, 2024

* Intevac Inc is expected to show a fall in quarterly revenue when it reports results on November 11 for the period ending September 30 2024

* The Santa Clara California-based company is expected to report a 35.8% decrease in revenue to $11.5 million from $17.92 million a year ago, according to the estimate from one analyst, based on LSEG data.The company's guidance on August 5 2024, for the period ended September 30, was for revenue between $10.50 million and $12.00 million.

* LSEG's mean analyst estimate for Intevac Inc is for a loss of 15 cents per share. The company's EPS guidance on August 5 2024, for the period ended September 30, was between $-0.18 and $-0.14

* The one available analyst rating on the shares is "hold".

* The mean earnings estimate of analysts was unchanged in the last three months.

The company's guidance on August 5 2024 for the period ended September 30 was for gross profit margin between USD37% and USD39%. This summary was machine generated November 8 at 21:40 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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