Articles from Intevac, Inc.

Intevac, Inc. (Nasdaq: IVAC) (“Intevac”), a leading supplier of thin-film processing systems, today announced that it plans to host an earnings conference call for its fiscal fourth quarter and full year 2024 at 1:30 p.m. PT (4:30 p.m. ET) on Tuesday, February 25th 2025.

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.

Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and nine months ended September 28, 2024.

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.

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.

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.

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.

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 under the Intevac, Inc. 2022 Inducement Equity Incentive Plan, which Intevac’s board of directors approved and adopted on January 19, 2022, as amended July 1, 2024.

Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and six months ended June 29, 2024.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, will release financial results for its fiscal second quarter 2024 at approximately 1 p.m. PT (4 p.m. ET) on Monday, August 5th, 2024.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced the appointment of Cameron McAulay as the Company’s chief financial officer (CFO), effective today. Mr. McAulay succeeds Kevin Soulsby, who has served as interim CFO since August 2023 and today resumes his role as corporate controller for Intevac.

Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the first quarter ended March 30, 2024.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, has pulled in the timing of the release of first quarter results due to a change in management travel commitments. The Company will now release financial results for its fiscal first quarter 2024 at approximately 7 a.m. EDT on Thursday, April 25th, 2024.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, will release financial results for its fiscal first quarter 2024 at approximately 1 p.m. PT (4 p.m. ET) on Monday, April 29th, 2024.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today reported financial results for the fiscal fourth quarter and year ended December 30, 2023.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, will release financial results for its fiscal fourth quarter and full year 2023 at approximately 1 p.m. PT (4 p.m. ET) on Monday, February 5th, 2024.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced that the Company has successfully completed the qualification of its first TRIO™ system within the initial 12 months of the partnership agreement.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced management’s participation in the 12th Annual NYC Summit, being held Tuesday, December 12th at Mastro’s New York.

Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and nine months ended September 30, 2023.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, will release financial results for its fiscal third quarter 2023 at approximately 1 p.m. PT (4 p.m. ET) on Wednesday, November 1st, 2023.

Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and six months ended July 1, 2023.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, will release financial results for its fiscal second quarter 2023 at approximately 1 p.m. PT (4 p.m. ET) on Wednesday, August 2nd, 2023.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, announced today that the Company has retained investment banking firm Houlihan Lokey Capital, Inc. (“Houlihan Lokey”) to advise management and the board of directors on strategic alternatives. Additionally, the board has formed a strategic committee comprised of independent directors David Dury and Kevin Barber to work with management and Houlihan Lokey in evaluating options to increase stockholder value.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, will release financial results for its fiscal first quarter 2023 at approximately 1 p.m. PT (4 p.m. ET) on Wednesday, May 3rd, 2023.

Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the fiscal fourth quarter and year ended December 31, 2022.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, will release financial results for its fiscal fourth quarter and full year 2022 at approximately 1 p.m. PT (4 p.m. ET) on Wednesday, February 1st, 2023.

Intevac, Inc. (Nasdaq:IVAC), a leading supplier of thin-film processing systems, today announced that management is scheduled to participate virtually in the 25th Annual Needham Growth Conference on Thursday, January 12th. The presentation material utilized during the conference will be made accessible on the investor page of the Company’s website at https://ir.intevac.com.

Intevac, Inc. (Nasdaq:IVAC, “Intevac” or “the Company”), a leading supplier of thin-film processing systems, today announced it has signed a joint development agreement with a major provider of glass and glass ceramic materials.

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 Eva Valencia in connection with her appointment as Intevac’s new Vice President of Sales and Service in November 2022. Such grants were made under the Intevac, Inc. 2022 Inducement Equity Incentive Plan, which Intevac’s board of directors approved and adopted on January 19, 2022.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced management’s participation in the 11th Annual NYC Summit, being held Tuesday, December 13th at Mastro’s New York.

Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and nine months ended October 1, 2022.

Intevac, Inc. (Nasdaq:IVAC, “Intevac” or “the Company”), a leading supplier of thin-film processing systems, today announced the receipt of a $12 million order for hard disk drive (HDD) technology upgrades. Scheduled to be installed in 2023, these upgrades will provide enhanced capabilities for its 200 Lean® installed base.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, will release financial results for its fiscal third quarter 2022 at approximately 1 p.m. PT (4 p.m. ET) on Wednesday, November 2nd, 2022.

Intevac, Inc. (Nasdaq:IVAC, “Intevac” or “the Company”), a leading supplier of thin-film processing systems, today announced that Mark Popovich has joined the Company as vice president of business development, effective October 10th, 2022. Concurrent with his joining the Company full-time, he has resigned from his position as a member of the Board of Directors, effective November 11, 2022.

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 John Dickinson in connection with his appointment as Intevac’s new Vice President of Operations in August 2022. Such grants were made under the Intevac, Inc. 2022 Inducement Equity Incentive Plan, which Intevac’s board of directors approved and adopted on January 19, 2022.

Intevac, Inc. (Nasdaq:IVAC, “Intevac” or “the Company”), a leading supplier of thin-film processing systems, today announced that John Dickinson will join the Company as vice president of operations, effective September 1st, 2022.

Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and six months ended July 2, 2022.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, will release financial results for its fiscal second quarter 2022 at approximately 1 p.m. PT (4 p.m. ET) on Wednesday, August 3rd, 2022.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced the Company’s participation in two upcoming investor events:

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 Nigel Hunton in connection with his appointment as Intevac’s new Chief Executive Officer in January 2022. Such grants were made under the Intevac, Inc. 2022 Inducement Equity Incentive Plan, which Intevac’s board of directors approved and adopted on January 19, 2022.

Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the first quarter ended April 2, 2022.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced the receipt of an $11 million order for 200 Lean® systems. These systems are currently scheduled to be delivered in the second half of 2023.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, will release financial results for its fiscal first quarter 2022 at approximately 1 p.m. PT (4 p.m. ET) on Monday, May 9th, 2022.

Third paragraph, second sentence of the release dated April 4, 2022 should read: “Over the past several months, we have appreciably grown backlog in support of the HDD industry’s first significant media capacity additions since 2010." (instead of: "Over the past several months, we have appreciably grown backlog in support of the HDD industry’s first significantly media capacity additions since 2010.")

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced the receipt of a $54 million order for multiple 200 Lean® systems. The order includes eight expanded-module systems, each of which are configured with 28 process chambers for the production of advanced hard disk drive (HDD) media.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced a multi-year agreement with a leading data storage company to upgrade and refurbish multiple 200 Lean® systems. Valued at over $20 million, this agreement upgrades existing systems in the field, which were delivered by Intevac between 2004 and 2010. This technology upgrade and refurbishment program is expected to be deployed over the 2022 through 2024 timeframe, and is focused on enabling these older-generation 200 Leans to produce advanced-technology hard disk drive (HDD) media.

Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the fiscal fourth quarter and year ended January 1, 2022.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, will release financial results for its fiscal fourth quarter and full year 2021 at approximately 1 p.m. PT (4 p.m. ET) on Wednesday, February 9th, 2022.

Intevac, Inc. (Nasdaq:IVAC, “Intevac” or “the Company”), a leading supplier of thin-film processing systems, today announced the appointment of Nigel Hunton as president and chief executive officer (CEO), and member of the board of directors, effective January 19th. Wendell Blonigan, who has served as president and CEO and a director of the Company since 2013, has retired from his positions at Intevac, effective January 18th.

Intevac, Inc. (Nasdaq: IVAC), (“Intevac” or the “Company), a leading supplier of thin-film processing systems, today announced the sale of its Photonics business (“Photonics”) to EOTECH LLC, a privately-held optical technology company (“EOTECH”). The transaction, structured as an asset sale, closed on December 30th, 2021 and is valued at up to $100 million, consisting of an up-front cash payment of $70 million and future earn-out payments of up to $30 million.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced the receipt of $10 million in new HDD orders. These orders consist of one 200 Lean® system as well as technology upgrades, which will add to the company’s backlog at year-end 2021. The technology upgrades are expected to be installed through mid-2022 and the 200 Lean system is expected to be delivered in the second half of 2022.

Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and nine months ended October 2, 2021.

Intevac, Inc. (Nasdaq: IVAC) will release financial results for its fiscal third quarter 2021 at approximately 1 p.m. PT (4 p.m. ET) on Monday, November 1st, 2021.

Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and six months ended July 3, 2021.

Intevac, Inc. (Nasdaq: IVAC) will release financial results for its fiscal second quarter 2021 at approximately 1 p.m. PT (4 p.m. ET) on Monday, August 2nd, 2021.

Intevac, Inc. (Nasdaq: IVAC) announced today that it has received two additional Phase 1 development program awards in Photonics. These awards are in addition to the ManTech development award received from the Night Vision and Electronics Sensors Directorate during the first quarter of 2021, which was discussed during the Company’s May 3, 2021 conference call.

Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, today announced the receipt of $10 million in new orders for technology upgrades for its hard disk drive (HDD) customers. Scheduled to be completed by year-end, these upgrades provide new and enhanced technologies to enable Intevac’s customers to continue to progress along their media technology roadmaps.

Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the first quarter ended April 3, 2021.

Intevac, Inc. (Nasdaq: IVAC) will release financial results for its fiscal first quarter 2021 at approximately 1 p.m. PT (4 p.m. ET) on Monday, May 3rd, 2021.