Intevac to Announce Fourth Quarter and Fiscal Year 2022 Results on February 1st

Rhea-AI Summary

Intevac, Inc. (Nasdaq: IVAC) will release its fiscal fourth quarter and full year 2022 financial results on February 1, 2023, at 1 p.m. PT. A teleconference will follow at 1:30 p.m. PT, where management will discuss the results. Intevac, a leader in thin-film processing systems, has supplied over 180 of its industry-leading 200 Lean systems to the hard disk drive (HDD) industry, representing the majority of the world's HDD disk media production capacity. The company is also expanding its technology applications into protective coatings for display cover glass.

Positive

• Intevac's 200 Lean systems dominate HDD media production, reflecting strong market positioning.
• The company is diversifying its technology applications into related markets, indicating growth potential.

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 fourth quarter and full year 2022 at approximately 1 p.m. PT (4 p.m. ET) on Wednesday, February 1^st, 2023.

At 1:30 p.m. PT (4:30 p.m. ET) on February 1^st, 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 13735284. 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/intevac02012023_en/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/20230117006116/en/

James Moniz

Chief Financial Officer

(408) 986-9888

Claire McAdams

Investor Relations

(530) 265-9899

Source: Intevac, Inc.

FAQ

When will Intevac release its Q4 2022 financial results?

Intevac will release its financial results on February 1, 2023, at 1 p.m. PT.

What is the significance of Intevac's 200 Lean systems in the HDD industry?

Intevac's 200 Lean systems account for the majority of the world's HDD disk media production capacity.

How can I participate in Intevac's financial results teleconference?

To join the teleconference, call toll-free (877) 407-0989 and reference meeting number 13735284.

What is Intevac's stock symbol?

Intevac's stock symbol is IVAC.

What other markets is Intevac exploring beyond HDD?

Intevac is exploring applications for protective coatings in the display cover glass market.