Intevac IVAC reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Intevac beat estimated earnings by 33.33%, reporting an EPS of $-0.1 versus an estimate of $-0.15.
Revenue was down $4.51 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 0.2% increase in the share price the next day.
Here's a look at Intevac's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.25 | -0.07 | -0.25 | -0.26 |
| EPS Actual | -0.20 | -0.29 | -0.16 | -0.25 |
| Revenue Estimate | 4.00M | 20.30M | 12.70M | 12.75M |
| Revenue Actual | 4.45M | 15.92M | 14.79M | 13.81M |
To track all earnings releases for Intevac visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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Posted In: EarningsBZI-Recaps