State of Delaware | 0-26946 | 94-3125814 | ||
(State or other jurisdiction
of incorporation or organization) |
(Commission File Number) |
(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)) |
INTEVAC, INC.
Date: November 1, 2010
/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 |
| Total revenues of $64.6 million, up 237% year-on-year | ||
| Gross margin increased to 45.8% | ||
| Record operating margin of 23.8% |
CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited, in thousands, except per share amounts)
Three months ended
Nine months ended
October 2, 2010
September 26, 2009
October 2, 2010
September 26, 2009
$
55,868
$
12,293
$
141,453
$
24,477
8,759
6,862
24,914
19,304
64,627
19,155
166,367
43,781
29,584
8,678
73,096
17,456
48.8
%
48.2
%
47.1
%
41.4
%
26.4
%
40.1
%
25.7
%
37.9
%
45.8
%
45.3
%
43.9
%
39.9
%
7,063
6,840
20,618
22,255
7,148
5,551
21,273
16,654
14,211
12,391
41,891
38,909
16,878
(1,836
)
37,534
(14,306
)
(876
)
(628
)
(3,501
)
(3,248
)
(629
)
(1,249
)
(2,828
)
(3,899
)
15,373
(3,713
)
31,205
(21,453
)
(84
)
122
379
780
15,289
(3,591
)
31,584
(20,673
)
2,110
(1,799
)
4,638
(8,621
)
$
13,179
$
(1,792
)
$
26,946
$
(12,052
)
$
0.59
$
(0.08
)
$
1.21
$
(0.55
)
$
0.58
$
(0.08
)
$
1.18
$
(0.55
)
22,383
22,014
22,288
21,942
22,887
22,014
22,931
21,942