US-based equipment supplier Intevac Inc. reported preliminary results for Q4 2017. Revenues for the fourth quarter were $24.8 million (Q3 $26.7 million), in line with prior guidance, and included $6.9 million in Photonics revenues (Q3 $9.5 million), two 200 Lean systems in thin-film equipment revenues, and service and upgrade sales to hard drive customers. For the full year, total revenues were $112.8 million.
According to the company, Intevac will provide detailed updates on each businesses and a preliminary outlook for 2018 later this month. Financial results for its fiscal fourth quarter and full year 2017 will be released on January 31, 2018.
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