Intevac Provides Cash and Revenue Guidance, Announces Dividend, Further Restructuring to Strengthen Profitability, and Investigation of Strategic Options [Yahoo! Finance]
Intevac, Inc. (IVAC)
Last intevac, inc. earnings: 4/27 04:05 pm
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Source: Yahoo! Finance
HDD Business Projected to Generate ~$200 million of Revenue Over Next Three Years SANTA CLARA, Calif., December 12, 2024 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 share to be paid beginning in the First Quarter of 2025. These quarterly dividends are subject to approval by the Board of Dir
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IVAC
News
- Intevac, Inc. (NASDAQ: IVAC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Intevac Provides Cash and Revenue Guidance, Announces Dividend, Further Restructuring to Strengthen Profitability, and Investigation of Strategic OptionsBusiness Wire
- Intevac, Inc. (NASDAQ: IVAC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Intevac, Inc. (NASDAQ: IVAC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Intevac, Inc. (NASDAQ: IVAC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
IVAC
Earnings
- 8/5/24 - Beat
IVAC
Sec Filings
- 12/12/24 - Form 8-K
- 11/26/24 - Form 4
- 11/26/24 - Form 4
- IVAC's page on the SEC website