Intevac Q2 2024 Adj. EPS $(0.12) Beats $(0.20) Estimate, Sales $14.526M Beat $8.300M Estimate
Portfolio Pulse from Benzinga Newsdesk
Intevac (NASDAQ:IVAC) reported better-than-expected Q2 2024 results with an adjusted EPS of $(0.12), beating the $(0.20) estimate, and sales of $14.526 million, surpassing the $8.300 million estimate. This represents significant improvements over the same period last year.
August 05, 2024 | 8:35 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Intevac (NASDAQ:IVAC) reported Q2 2024 adjusted EPS of $(0.12), beating the $(0.20) estimate, and sales of $14.526 million, surpassing the $8.300 million estimate. This indicates a strong performance and significant improvement over the same period last year.
Intevac's better-than-expected earnings and sales figures for Q2 2024 indicate strong operational performance and positive market reception. The significant beat on both EPS and sales estimates suggests potential upward movement in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100