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Intevac, Inc. Issues Q3, FY 2012 Guidance Below Analysts' Estimates-Conference Call


Tuesday, 31 Jul 2012 08:30pm EDT 

Intevac, Inc. announced that for the third quarter of 2012, it expects revenues of $15 million to $16 million, which includes no hard drive or solar systems recognized and a net loss in the range of $0.27 to $0.28 per share, which includes an estimated $1 million of pretax stock-based compensation expense equivalent to $0.03 per share. For fiscal 2012, it expects total revenues in the range of $88-$92 million, net loss to be between $0.62 and $0.66 per share. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $24 million and EPS of $(0.17) for the third quarter of 2012; revenues of $111 million and EPS of $(0.36) for fiscal 2012. 

Company Quote

7.23
-0.12 -1.63%
21 Jul 2014