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Intevac Can Be Profitable This Year

September 20th, 2020 · No Comments

  • The company produced surprising Q2 results on the unexpected sale of two 200 Lean systems, and management has gotten more optimistic about the year.
  • However, there are no 200 Lean sales expected in Q3, so this quarter will fall back quite a bit.
  • All of its businesses look set to have a good 2021, although significant uncertainty remains on the macro front.
  • The company is generating cash and has an ironclad balance sheet.

Source: Intevac Can Be Profitable This Year (NASDAQ:IVAC) | Seeking Alpha

Tags: IVAC