Intevac Announces Second Quarter 2018 Financial Results

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Intevac (IVAC) Removes $6.50 PT on Maxim Group; Reiterates Hold Following 2Q

July 31, 2018 8:50 AM EDT

Maxim Group removed its $6.50 price target on Intevac (NASDAQ: IVAC) while maintaining a Hold rating following the company's 2Q earnings report. IVAC reported revenue of $26.1M, above the guidance range of $24M$26M and GM of 37.4% that was well ahead of guidance of... More