Benzinga | May 3, 2021 04:14PM EDT

Intevac Q1 Adj. EPS $(0.27) Misses $(0.26) Estimate, Sales $16.20M Miss $16.50M Estimate

Intevac (NASDAQ:IVAC) reported quarterly losses of $(0.27) per share which missed the analyst consensus estimate of $(0.26) by 3.85 percent. This is a 440 percent decrease over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $16.20 million which missed the analyst consensus estimate of $16.50 million by 1.82 percent. This is a 14.01 percent decrease over sales of $18.84 million the same period last year.