Yahoo Finance Intevac First Quarter 2024 Earnings: Beats Expectations
Intevac (NASDAQ:IVAC) First Quarter 2024 Results
Key Financial Results
Revenue: US$9.63m (down 17% from 1Q 2023).
Net loss: US$2.70m (loss narrowed by 35% from 1Q 2023).
US$0.10 loss per share (improved from US$0.16 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Intevac Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 28%. Earnings per share (EPS) also surpassed analyst estimates by 61%.
The company's shares are up 11% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Intevac (1 doesn't sit too well with us!) that you need to take into consideration.
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