SANTA CLARA, Calif. (AP) _ Intevac Inc. (IVAC) on Wednesday reported fourth-quarter net income of $5.2 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Santa Clara, California-based company said it had net income of 22 cents.
The producer of manufacturing equipment used in the disk drive, solar, semiconductor and photonics industries posted revenue of $35.4 million in the period.
For the year, the company reported profit of $1.1 million, or 5 cents per share. Revenue was reported as $108.9 million.
Intevac shares have declined slightly more than 2% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $6.90, a rise of 29% in the last 12 months.