Recap: Intevac Q4 Earnings
Portfolio Pulse from Benzinga Insights
Intevac (NASDAQ:IVAC) reported Q4 earnings with an EPS of $-0.07, beating estimates by 41.67% and showing a revenue increase of $1.65 million from the previous year. The company has a history of surpassing EPS estimates, leading to a share price increase the following day.
February 05, 2024 | 9:25 pm
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Intevac reported a Q4 EPS of $-0.07, surpassing estimates by 41.67%, with a revenue increase of $1.65 million from the previous year. The company has a positive track record of beating EPS estimates.
Intevac's Q4 earnings beat and its history of surpassing EPS estimates suggest a positive short-term impact on its stock price. Past performance indicates that beating EPS estimates has previously led to a share price increase the following day.
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