US-based equipment supplier Intevac Inc., which produces manufacturing and inspection equipment for the PV industry, reported financial results for the second quarter and the first half of 2017. According to the company, net income for the second quarter was $1.1 million, compared to a net loss of $3.5 million in Q2 2016. Revenues were $31.0 million (Q2 2016: $14.9 million), including $22.4 million ($6.1 million) revenues of Thin-Film Equipment business unit, consisting of one 200 Lean HDD system, one pilot Intevac Matrix solar ion implant system, two ENERGi solar implant systems, upgrades, spares and service.
Regarding the first half 2017, net income was $2.9 million, compared to a net loss of $9.8 million in 1H 2016. Revenues were $61.4 million, including $43.9 million of Thin-film Equipment, compared to revenues of $28.6 million, including $11.7 million of Thin-film Equipment revenues for the first six months of 2016.
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