Intevac Q3 Loss Narrows - Quick Facts

(RTTNews) - Intevac Inc. (IVAC) Monday reported third-quarter net loss of $2.7 million or $0.11 per share, narrower than $8.0 million or $0.34 per share in the comparable quarter last year.

Excluding items, adjusted loss for the quarter narrowed to $2.7 million or $0.11 per share from $6.0 million or $0.26 per share a year ago.

Revenues for the quarter were $19.12 million, compared with $16.83 million in the prior year.

On average, two analysts polled by Thomson Reuters expected the company to report a loss of $0.17 per share on revenues of $19.15 million for the quarter. Analysts' estimates typically exclude special items.