CVV
CVD Equipment Corporation3.0700
-0.0700-2.23%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
21.30MP/E (TTM)
-Basic EPS (TTM)
-0.03Dividend Yield
0%Recent Filings
8-K
Q3 profits rise amid cuts
CVD Equipment posted Q3 revenue of $7.4M, down 9.6% year-over-year due to ceased MesoScribe operations, yet gross margins jumped to 32.7% from 21.5% on better contract mix, driving net income of $384K or $0.06/share. Board approved a transformation plan November 6, shifting to outsourced fabrication and cutting CVD Equipment workforce by year-end to save $2.0M annually in 2026. Costs drop fast.
10-Q
Q3 FY2025 results
CVD Equipment swung to Q3 revenue of $7.4M, down 9.6% y/y yet lifting gross margin to 32.7% from 21.5% on a richer contract mix in CVD Equipment, which drove operating income of $0.3M versus $0.1M prior. YTD revenue climbed 7.1% y/y to $20.8M with margins at 29.7%, trimming operating loss to $0.6M from $2.5M, though net loss held at $(0.05) per diluted share across 6.9M shares. Cash dipped to $8.4M on $4.1M operating outflow, with minimal $0.2M debt at 6%. Board greenlit a transformation plan November 6 targeting $2.0M annual CVD Equipment cost cuts via workforce reduction and outsourcing. Tariffs threaten cost competitiveness.
8-K
Q2 revenue falls 19.4%
CVD Equipment Corporation reported Q2 2025 revenue of $5.1 million, down 19.4% from last year, with gross margins slipping to 21.0% and a net loss of $1.1 million, or $0.15 per share. Year-to-date revenue climbed 19.2% to $13.4 million, fueled by SDC segment demand for gas delivery systems, though orders totaled just $4.5 million amid tariff uncertainties and funding lags. Backlog held at $13.2 million. Cash dipped to $7.0 million.
8-K
Shareholders approve board, auditors
CVD Equipment Corporation's shareholders overwhelmingly elected all six director nominees—Lawrence J. Waldman, Emmanuel Lakios, Andrew Africk, Robert M. Brill, Ashraf Lotfi, and Debra Wasser—to the board at the August 8, 2025, annual meeting, with each receiving over 2.5 million favorable votes despite some withholdings. They ratified CBIZ CPAs P.C. as auditors for the year ending December 31, 2025, by a 4.9 million to 36,000 margin. The advisory vote approved executive compensation, passing 2.7 million to 22,000. Continuity intact.
10-Q
Q2 FY2025 results
CVD Equipment's Q2 revenue dipped 19.4% year-over-year to $5.1M, driven by softer systems demand in CVD Equipment and SDC segments, yet year-to-date sales climbed 19.2% to $13.4M on stronger industrial and aerospace contracts. Gross margins held at 21.0% despite the quarterly pullback, while operating losses narrowed to $1.1M from $0.9M last year, thanks to controlled expenses. Cash drained to $7.0M after $5.4M in operating outflows, but a $13.2M backlog signals steady work ahead. Debt remains minimal at $225K. Tariffs threaten cost competitiveness.
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