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0 0.140350877192982 0.115789473684211 0.168421052631579 0.12280701754386 0.175438596491228 0.236842105263158 0.256140350877193
Stock impact report

Intevac Provides Cash and Revenue Guidance, Announces Dividend, Further Restructuring to Strengthen Profitability, and Investigation of Strategic Options

Intevac, Inc. (IVAC) 
Last intevac, inc. earnings: 4/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.intevac.com/events.cfm
Company Research Source: Business Wire
2024 Year-end Cash Expected to be $70-$72 million2025 Revenue Expected to be $52-$55 millionQuarterly Dividend of $0.05 per share to Begin in Q1 2025HDD Business Projected to Generate ~$200 million of Revenue Over Next Three Years SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC) (“Intevac” or the “Company”) today announced its anticipated year end cash position, 2025 revenue guidance, commencement of quarterly dividends, further restructuring to strengthen profitability, and a renewed focus on its pursuit of strategic options.At year end Intevac’s cash position, composed of restricted cash, and investments, is expected to be in the range of $70-$72 million. 2025 revenue is expected to be in the range of $52-$55 million. The Company is committed to maintaining disciplined spending and balance sheet strength for long-term competitiveness and sustainability.Intevac also announced today that its Board of Directors intends to commence quarterly dividends of $0.05 per s Show less Read more
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