Intevac, Inc. Stock News

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 investm...

Intevac, Inc. (NASDAQ:IVAC ) Q3 2024 Earnings Conference Call November 11, 2024 4:30 PM ET Company Participants Nigel Hunton - President, Chief Executive Officer Cameron McAulay - Chief Financial Officer Claire McAdams - Investor Relations Conference Call Participants Peter Wright - PartnerCap Securities Mark Miller - Benchmark Hendi Susanto - Gabelli Funds Operator Greetings, and welcome to In...

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and nine months ended September 28, 2024. “We are pleased to report third-quarter results favorable to our expectations going into the quarter,” commented Nigel Hunton, president and chief executive officer. “Technology upgrades in support of next-generation HAMR (heat-assisted ma...

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced the appointment of Ryan L. Vardeman to its board of directors (the “Board”), effective immediately. Mr. Vardeman is a principal and co-founder of Palogic Value Fund, L.P. (“Palogic”), which is a substantial shareholder of Intevac. “We are pleased to welcome Rya...

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, will release financial results for its fiscal third quarter 2024 at approximately 1 p.m. PT (4 p.m. ET) on Monday, November 11th, 2024. At 1:30 p.m. PT (4:30 p.m. ET) on November 11th, Intevac management will host a teleconference to discuss the Company's financial results. To...

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced the appointment of Kevin Barber as the Company's Board Chairman, effective today. Mr. Barber succeeds David S. Dury, who has served as Board Chairman since 2017 and will remain on the Board until the annual meeting of stockholders in 2025. “I would like to than...

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced that it has expanded its Board of Directors with the appointment of industry veteran Eiji Miyanaga, as a new independent director. Mr. Miyanaga most recently served on the board of directors of Ferrotec Holdings Corporation (JASDAQ: 6890), a leading global supp...

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac, Inc. (Nasdaq: IVAC, “Intevac” or “the Company”), a leading supplier of thin-film processing systems, today announced, as required by Nasdaq Stock Market rules, the grant of inducement awards to Cameron McAulay in connection with his appointment as Intevac's new Chief Financial Officer, Secretary and Treasurer in July 2024. Such grants were made und...