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Intevac: 3Q Earnings Snapshot

SANTA CLARA, Calif. (AP) _ Intevac Inc. (IVAC) on Monday reported a loss of $480,000 in its third quarter.

The Santa Clara, California-based company said it had a loss of 2 cents per share.

The producer of manufacturing equipment used in the disk drive, solar, semiconductor and photonics industries posted revenue of $26.3 million in the period.

Intevac shares have risen slightly more than 5% since the beginning of the year. In the final minutes of trading on Monday, shares hit $5.51, an increase of 26% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IVAC at https://www.zacks.com/ap/IVAC