A Lost Year For Intevac?

  • The company has been hit by delays in two of their markets, but it looks like these are temporary.
  • However, the company doesn’t show any sustained positive cash flows, which we still find a little worrying despite the very healthy balance sheet and lack of dilution.
  • Long term the company will have to cope with a gradual sunset for one of their main markets, HDDs, although that isn’t around the corner for quite some time.

Source: A Lost Year For Intevac? – Intevac, Inc. (NASDAQ:IVAC) | Seeking Alpha