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Intevac: 2Q Earnings Snapshot

July 30, 2018

SANTA CLARA, Calif. (AP) _ Intevac Inc. (IVAC) on Monday reported a second-quarter loss of $167,000, after reporting a profit in the same period a year earlier.

The Santa Clara, California-based company said it had a loss of 1 cent per share.

The producer of manufacturing equipment used in the disk drive, solar, semiconductor and photonics industries posted revenue of $26.1 million in the period.

In the final minutes of trading on Monday, the company’s shares hit $4.50. A year ago, they were trading at $11.10.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IVAC at https://www.zacks.com/ap/IVAC

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