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12.08.25 - 22:06
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CVD Equipment Corporation Reports Second Quarter 2025 Financial Results (Business Wire)
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CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), today announced its financial results for the second quarter ended June 30, 2025.
Second Quarter 2025 Financial Performance
Revenue of $5.1 million, a decrease of 19.4% from the prior year quarter. Year to date revenue of $13.4 million was 19.2% higher than the prior year period.
Gross margin declined to 21.0% as compared to 24.3% in the prior year quarter.
Net loss of $1.1 million or $0.15 per basic and diluted share, compared to a net loss of $0.8 million or $0.11 per basic and diluted share during the prior year second quarter.
Cash and cash equivalents of $7.0 million as of June 30, 2025, as compared to $12.6 million as of December 31, 2024. Accounts receivable increased by $3.6 million during the second quarter as we achieved certain contract milestones; we expect to collect these receivables in the third quarter.
Second Quarter 2025 Operational Performance
Orders for the second quarter were $4.5 million primarily driven b...
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05.08.25 - 22:03
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CVD Equipment Corporation to Report Second Quarter 2025 Financial Results on August 12, 2025 (Business Wire)
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CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition and thermal process equipment, today announced that it will release its financial results for the second quarter ended June 30, 2025 after the market close on Tuesday, August 12, 2025.
The Company will hold a conference call to discuss its results at 5:00 p.m. (Eastern Time) that day. To participate in the live conference call, please dial toll free 1-877-407-2991 or 1-201-389-0925. A telephone replay will be available for 7 days. To access the replay, dial toll free 1-877-660-6853 or 1-201-612-7415. The replay passcode is 13754557.
A live and archived webcast of the call will also be available on the company's website at www.cvdequipment.com/events. The archived webcast will be available at the same location approximately two hours following the end of the live event.
About CVD Equipment Corporation
CVD Equipment Corporation (NASDAQ: CVV) designs, develops, and manufactures a br...
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13.05.25 - 22:03
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CVD Equipment Corporation Reports First Quarter 2025 Financial Results (Business Wire)
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CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), today announced its financial results for the first quarter ended March 31, 2025.
Manny Lakios, President and CEO of CVD Equipment Corporation, stated, “First quarter 2025 revenue was $8.3 million, up 69.0% versus the prior year quarter and up 12.2% from the fourth quarter of 2024. Revenue from our CVD Equipment segment was driven by revenue recognized principally from two contracts, one in the industrial market and one in aerospace. Our SDC segment continued to see strong demand for its gas delivery equipment.”
Mr. Lakios added, “With the increased revenue and lower than expected orders in the quarter of $2.8 million, our backlog declined during the quarter from $19.4 million at December 31, 2024 to $13.8 million at March 31, 2025. Our net income for the quarter was $360,000. While the first quarter of 2025 represents the third consecutive quarter of net income, due to the nature of our business we expect that our order ...
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06.05.25 - 22:03
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CVD Equipment Corporation to Report First Quarter 2025 Financial Results on May 13, 2025 (Business Wire)
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CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition and thermal process equipment, today announced that it will release its financial results for the first quarter ended March 31, 2025 after the market close on Tuesday, May 13, 2025.
The Company will hold a conference call to discuss its results at 5:00 p.m. (Eastern Time) that day. To participate in the live conference call, please dial toll free 1-877-407-2991 or 1-201-389-0925. A telephone replay will be available for 7 days. To access the replay, dial toll free 1-877-660-6853 or 1-201-612-7415. The replay passcode is 13753736.
A live and archived webcast of the call will also be available on the company's website at www.cvdequipment.com/events. The archived webcast will be available at the same location approximately two hours following the end of the live event.
About CVD Equipment Corporation
CVD Equipment Corporation (NASDAQ: CVV) designs, develops, and manufactures a broad...
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16.04.25 - 00:15
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Top Research Reports for AbbVie, TJX & Charles Schwab (Zacks)
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Today's Research Daily features new research reports on 16 major stocks, including AbbVie Inc. (ABBV), The TJX Companies, Inc. (TJX) and The Charles Schwab Corporation (SCHW), as well as two micro-cap stocks, Enzo Biochem, Inc. (ENZ) and CVD Equipment Corporation (CVV)....
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19.03.25 - 21:06
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CVD Equipment Corporation Reports Fourth Quarter and Fiscal Year 2024 Financial Results (Business Wire)
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CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), today announced its financial results for the fourth quarter and fiscal year ended December 31, 2024.
Manny Lakios, President and CEO of CVD Equipment Corporation, commented, "CVD's fourth quarter 2024 revenue was $7.4 million, representing an 80.3% increase from the prior year quarter. Our backlog at December 31, 2024 was $19.4 million, meaningfully higher than our 2023 year-end backlog of $18.4 million."
"During 2024 we continue to see an ongoing recovery of our aerospace and defense market. As previously announced, in early November we received a $3.5 million follow on order for our CVI 3500™ system from an existing aerospace customer."
"The silicon carbide market has remained challenging due to overcapacity and the global decline in wafer prices," continued Mr. Lakios. "The customer for our first PVT200™ system, which shipped in the second half of 2024, is continuing to evaluate the p...
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12.03.25 - 21:03
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CVD Equipment Corporation to Report Fourth Quarter and Fiscal Year 2024 Financial Results on March 19, 2025 (Business Wire)
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CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition and thermal process equipment, today announced that it will release its financial results for the fourth quarter and fiscal year ended December 31, 2024 after the market close on Wednesday, March 19, 2025.
The Company will hold a conference call to discuss its results at 5:00 p.m. (Eastern Time) that day. To participate in the live conference call, please dial toll free (877) 407-2991 or international (201) 389-0925. A telephone replay will be available for 7 days. To access the replay, dial (877) 660-6853 or international (201) 612-7415. The replay passcode is 13752303.
A live and archived webcast of the call will also be available on the company's website at www.cvdequipment.com/events. The archived webcast will be available at the same location approximately two hours following the end of the live event.
About CVD Equipment Corporation
CVD Equipment Corporation (NASDAQ: CVV) d...
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