14-Mar-2025 3:05 PM CST - Business Wire Intevac Announces Details of Special Dividend Intevac, Inc. (Nasdaq: IVAC) (Intevac), a supplier of thin-film processing systems, today announced that a one-time special cash dividend of $0.052 per share of common stock will be paid on March 28, 2025, to all stockholders of record as of the close of business on March 24, 2025. The one-time special cash dividend is being paid in connection with the proposed acquisition of Intevac by Seagate Technology Holdings plc (Seagate). Seagate has commenced a
13-Feb-2025 7:00 AM CST - Business Wire Seagate Announces Agreement to Acquire Intevac Seagate Technology Holdings plc (Nasdaq: STX) (Seagate), a leading innovator of mass-capacity data storage, and Intevac, Inc. (Nasdaq: IVAC) (Intevac), a supplier of thin-film processing systems, today announced that Seagate has entered into a definitive agreement to acquire Intevac in an all-cash transaction for $4.00 per share (the Transaction). In connection with the closing of the Transaction, Intevac will pay a one-time special
11-Feb-2025 3:05 PM CST - Business Wire Intevac to Host Fourth Quarter and Fiscal Year 2024 Earnings Call on February 25th at 4:30 p.m. ET Intevac, Inc. (Nasdaq: IVAC) (Intevac), a leading supplier of thin-film processing systems, today announced that it plans to host an earnings conference call for its fiscal fourth quarter and full year 2024 at 1:30 p.m. PT (4:30 p.m. ET) on Tuesday, February 25th 2025. Event: Intevac Fourth Quarter and Fiscal Year 2024 Earnings Call Date: Tuesday, February 25th 2025 Time: 1:30 p.m. PT (4:30 p.m. ET) Live Call: 1 (877) 407-0989 (U.S. Toll-Free) or
12-Dec-2024 7:30 AM CST - Business Wire Intevac Provides Cash and Revenue Guidance, Announces Dividend, Further Restructuring to Strengthen Profitability, and Investigation of Strategic Options Intevac, Inc. (Nasdaq: IVAC) (Intevac or the Company) today announced its anticipated year end cash position, 2025 revenue guidance, commencement of quarterly dividends, further restructuring to strengthen profitability, and a renewed focus on its pursuit of strategic options. At year end Intevacs cash position, composed of restricted cash, and investments, is expected to be in the range of $70-$72 million. 2025 revenue is expected to be in the range o
11-Nov-2024 3:05 PM CST - Business Wire Intevac Announces Third Quarter 2024 Financial Results Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and nine months ended September 28, 2024. We are pleased to report third-quarter results favorable to our expectations going into the quarter, commented Nigel Hunton, president and chief executive officer. Technology upgrades in support of next-generation HAMR (heat-assisted magnetic recording) media continue to drive the majority of our business, and total revenues from HDD up
14-Oct-2024 8:00 AM CST - Business Wire Intevac to Announce Third Quarter 2024 Results on November 11th Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, will release financial results for its fiscal third quarter 2024 at approximately 1 p.m. PT (4 p.m. ET) on Monday, November 11th, 2024. At 1:30 p.m. PT (4:30 p.m. ET) on November 11th, Intevac management will host a teleconference to discuss the Company's financial results. To participate in the teleconference, please call toll-free (877) 407-0989 prior to the start time, and
14-Mar-2025 3:05 PM CST - Business Wire Intevac Announces Details of Special Dividend Intevac, Inc. (Nasdaq: IVAC) (Intevac), a supplier of thin-film processing systems, today announced that a one-time special cash dividend of $0.052 per share of common stock will be paid on March 28, 2025, to all stockholders of record as of the close of business on March 24, 2025. The one-time special cash dividend is being paid in connection with the proposed acquisition of Intevac by Seagate Technology Holdings plc (Seagate). Seagate has commenced a
13-Feb-2025 7:00 AM CST - Business Wire Seagate Announces Agreement to Acquire Intevac Seagate Technology Holdings plc (Nasdaq: STX) (Seagate), a leading innovator of mass-capacity data storage, and Intevac, Inc. (Nasdaq: IVAC) (Intevac), a supplier of thin-film processing systems, today announced that Seagate has entered into a definitive agreement to acquire Intevac in an all-cash transaction for $4.00 per share (the Transaction). In connection with the closing of the Transaction, Intevac will pay a one-time special
11-Feb-2025 3:05 PM CST - Business Wire Intevac to Host Fourth Quarter and Fiscal Year 2024 Earnings Call on February 25th at 4:30 p.m. ET Intevac, Inc. (Nasdaq: IVAC) (Intevac), a leading supplier of thin-film processing systems, today announced that it plans to host an earnings conference call for its fiscal fourth quarter and full year 2024 at 1:30 p.m. PT (4:30 p.m. ET) on Tuesday, February 25th 2025. Event: Intevac Fourth Quarter and Fiscal Year 2024 Earnings Call Date: Tuesday, February 25th 2025 Time: 1:30 p.m. PT (4:30 p.m. ET) Live Call: 1 (877) 407-0989 (U.S. Toll-Free) or
12-Dec-2024 7:30 AM CST - Business Wire Intevac Provides Cash and Revenue Guidance, Announces Dividend, Further Restructuring to Strengthen Profitability, and Investigation of Strategic Options Intevac, Inc. (Nasdaq: IVAC) (Intevac or the Company) today announced its anticipated year end cash position, 2025 revenue guidance, commencement of quarterly dividends, further restructuring to strengthen profitability, and a renewed focus on its pursuit of strategic options. At year end Intevacs cash position, composed of restricted cash, and investments, is expected to be in the range of $70-$72 million. 2025 revenue is expected to be in the range o
11-Nov-2024 3:05 PM CST - Business Wire Intevac Announces Third Quarter 2024 Financial Results Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the quarter and nine months ended September 28, 2024. We are pleased to report third-quarter results favorable to our expectations going into the quarter, commented Nigel Hunton, president and chief executive officer. Technology upgrades in support of next-generation HAMR (heat-assisted magnetic recording) media continue to drive the majority of our business, and total revenues from HDD up
14-Oct-2024 8:00 AM CST - Business Wire Intevac to Announce Third Quarter 2024 Results on November 11th Intevac, Inc. (Nasdaq: IVAC), a leading supplier of thin-film processing systems, will release financial results for its fiscal third quarter 2024 at approximately 1 p.m. PT (4 p.m. ET) on Monday, November 11th, 2024. At 1:30 p.m. PT (4:30 p.m. ET) on November 11th, Intevac management will host a teleconference to discuss the Company's financial results. To participate in the teleconference, please call toll-free (877) 407-0989 prior to the start time, and
