Intevac(IVAC) - 2024 Q1 - Quarterly Results

Exhibit 99.1 3560 Bassett Street, Santa Clara CA 95054 Kevin Soulsby Claire McAdams Chief Financial Officer Investor Relations (408) 986-9888 (530) 265-9899 Intevac Announces First Quarter 2024 Financial Results Santa Clara, Calif.—April 25, 2024—Intevac, Inc. (Nasdaq: IVAC) today reported financial results for the first quarter ended March 30, 2024. The Company ended the quarter with $65.5 million of total cash, cash equivalents, restricted cash and investments and$114.0 million in tangible book value. Q1 ...