Intevac Announces Fourth Quarter and Full Year 2023 Financial Results
A reconciliation of the GAAP and non-GAAP adjusted results is provided in the financial table included in this release.
- A reconciliation of the GAAP and non-GAAP adjusted results is provided in the financial table included in this release.
- Operating expenses were $7.8 million, compared to $8.3 million in the fourth quarter of 2022.
- The net loss for the quarter was $1.8 million, or $0.07 per diluted share, compared to a net loss of $3.2 million, or $0.12 per diluted share, in the fourth quarter of 2022.
- The non-GAAP net loss for the fourth quarter of 2023 was $1.9 million, or $0.07 per diluted share, compared to the non-GAAP net loss for the fourth quarter of 2022 of $3.2 million, or $0.13 per diluted share.