Intevac to Announce First Quarter 2023 Results on May 3rd

Rhea-AI Summary

Intevac, Inc. (NASDAQ: IVAC) will release its fiscal first quarter 2023 financial results on Wednesday, May 3, 2023, at approximately 1 p.m. PT (4 p.m. ET). A teleconference discussing the results will take place at 1:30 p.m. PT (4:30 p.m. ET) on the same day. Participants can join by calling toll-free or via an online webcast. Founded in 1991, Intevac is a provider of thin-film processing systems, primarily for the hard disk drive (HDD) industry, with more than 180 of its 200 Lean® systems in operation worldwide. The company is also expanding its technology into applications like protective coatings for display cover glass. Investors can find more information and access the archived call on the company's investor relations website.

Positive

• Intevac has delivered over 180 of its 200 Lean systems, gaining significant market share in the HDD industry.
• The company is leveraging its technology for new applications, potentially increasing revenue streams.

Negative

• None.

SANTA CLARA, Calif.--(BUSINESS WIRE)-- 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 3^rd, 2023.

At 1:30 p.m. PT (4:30 p.m. ET) on May 3^rd, Intevac management will host a teleconference to discuss the Company's financial results.

To participate in the teleconference, please call toll-free (877) 407-0989 prior to the start time, and reference meeting number 13737389. For international callers, the dial-in number is +1 (201) 389-0921. You may also listen live via the Internet at https://www.webcast-eqs.com/intevac050323/en or on the Company's investor relations website at https://ir.intevac.com. For those unable to attend live, an archived webcast of the call will be available at the same link.

About Intevac, Inc.

Founded in 1991, we are a leading provider of thin-film process technology and manufacturing platforms for high-volume manufacturing environments. As a long-time supplier to the hard disk drive (HDD) industry, over the last 20 years we have delivered over 180 of our industry-leading 200 Lean® systems, which currently represent the majority of the world’s capacity for HDD disk media production. Today, we believe that all of the technology upgrade initiatives for next-generation media for the HDD industry, along with planned media capacity additions over the next several years, are being deployed on our 200 Lean platform. With over 30 years of leadership in designing, developing, and manufacturing high-productivity, thin-film processing systems, we also are leveraging our technology and know-how for additional applications, such as protective coatings for the display cover glass market. For more information call 408-986-9888, or visit the Company's website at www.intevac.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230410005389/en/

James Moniz

Chief Financial Officer

(408) 986-9888

Claire McAdams

Investor Relations

(530) 265-9899

Source: Intevac, Inc.

FAQ

When will Intevac, Inc. release its financial results for Q1 2023?

Intevac will release its financial results on May 3, 2023, at approximately 1 p.m. PT.

What time is the teleconference to discuss Intevac's Q1 2023 results?

The teleconference will be held at 1:30 p.m. PT on May 3, 2023.

How can I participate in Intevac's Q1 2023 results teleconference?

Participants can join by calling toll-free (877) 407-0989 or +1 (201) 389-0921 for international callers.

What is Intevac's business focus?

Intevac specializes in thin-film processing systems, particularly for the hard disk drive industry.

Where can I access the archived webcast of Intevac's financial results?

The archived webcast will be available on Intevac's investor relations website after the teleconference.