State of California
(State or other jurisdiction of incorporation or organization) |
0-26946
(Commission File Number) |
94-3125814
(IRS Employer Identification Number) |
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 2.02.
Results of Operations and Financial Condition
Item 9.01.
Financial Statements and Exhibits
(c)
Exhibits
99.1
INTEVAC, INC.
Date: February 1, 2011
/s/ JEFFREY ANDRESON
Jeffrey Andreson
Executive Vice President, Finance and Administration,
Chief Financial Officer, Treasurer and Secretary
|
3560 Bassett Street, Santa Clara CA 95054 |
Jeff Andreson
|
Claire McAdams | |
Chief Financial Officer
|
Investor Relations | |
(408) 986-9888
|
(530) 265-9899 |
| Full year revenues of $202.5 million, an increase of 160% from 2009 | ||
| Eight quarters of revenue growth for Intevac Photonics | ||
| Cash and investments increased $47.5 million, to $137.4 million at year end |
CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited, in thousands, except per share amounts)
Three months ended
Year ended
December 31,
December 31,
December 31,
December 31,
2010
2009
2010
2009
$
26,799
$
26,912
$
168,252
$
51,389
9,360
7,288
34,274
26,592
36,159
34,200
202,526
77,981
14,576
15,264
87,672
32,720
47.7
%
48.8
%
47.2
%
45.3
%
19.1
%
29.2
%
23.9
%
35.6
%
40.3
%
44.6
%
43.3
%
42.0
%
7,300
5,808
27,918
28,064
7,243
5,351
28,516
22,003
14,543
11,159
56,434
50,067
2,752
5,480
40,286
(8,826
)
(1,400
)
(886
)
(4,901
)
(4,133
)
(1,319
)
(489
)
(4,147
)
(4,388
)
33
4,105
31,238
(17,347
)
394
475
773
1,254
427
4,580
32,011
(16,093
)
(676
)
2,605
3,962
(6,016
)
$
1,103
$
1,975
$
28,049
$
(10,077
)
$
0.05
$
0.09
$
1.26
$
(0.46
)
$
0.05
$
0.09
$
1.22
$
(0.46
)
22,497
22,073
22,340
21,975
23,116
22,668
22,977
21,975