Intevac INC 10-Q quarterly reports

Quarterly reports, with unaudited financial statements and management’s discussion of the quarter just ended.

Intevac's Q3 2024 results were significantly influenced by a $15.4 million cancellation fee and challenges with their TRIO platform, leading to a net loss despite increased revenue.
Intevac's Q2 2024 results show revenue growth and improved gross margins, driven by higher upgrade sales, despite ongoing challenges in the HDD market.
Intevac's first quarter 2024 results show a net loss of $1.6 million, impacted by lower HDD upgrade sales, but offset by a $2.4 million Employee Retention Credit.