CVD Equipment

CVD Equipment Corp. engages in the design, development, and manufacture of chemical vapor deposition, gas control, and other state-of-the-art equipment and process solutions. It operates through the following segments: Chemical Vapor Deposition (CVD), Stainless Design Concepts (SDC), CVD Materials, and Corporate. The Chemical Vapor Deposition segment is utilized for chemical Vapor deposition equipment manufacturing. The Stainless Design Concepts segment includes ultra-high purity manufacturing division in Saugerties, New York for gas control systems. The CVD Materials segment offers material coatings for aerospace, medical, electronic, and other application. The Corporate segment refers to the firm’s administration activities. Its services include anti-corrosion, application lab, collaboration, customer support, printed electronics, fabricated quartzware, and process software. The firm serves the aerospace, glass coatings, medical, military, nanomaterials, optoelectronics, semiconductor, and solar photovoltaics markets. The company was founded by Leonard A. Rosenbaum on October 13, 1982 and is headquartered in Central Islip, NY.

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

CVD Equipment posts stellar Q4 results amidst supply chain challenges

CVD Equipment Corporation demonstrated robust financial performance in Q4 2022, marked by substantial revenue growth and strong order intake across segments.
While facing challenges from supply chain disruptions and inflation, the company maintains a solid financial position with a growing backlog and healthy cash reserves.
Strategic focus on customer markets and operational efficiency, coupled with cautious optimism, positions CVD Equipment for sustained profitability and future growth.
By addressing challenges, leveraging strengths, and exploring opportunities, CVD Equipment is poised to navigate market dynamics and drive continued success.

CVD Equipment reports strong revenue growth amidst operational challenges

CVD Equipment delivered robust revenue growth in Q1 2023, driven by key orders in strategic sectors, despite reporting a net loss and operating loss for the quarter.
The company's revenue diversification and focus on innovation position it well for future growth opportunities, supported by a solid financial foundation.
Challenges in managing expenses, addressing order delays, and navigating market uncertainties underscore the need for strategic adjustments to drive profitability and sustained success.
Opportunities abound in expanding customer base, exploring new markets, and leveraging innovation to capitalize on emerging trends and strengthen market position.

CVD Equipment reports Q2 revenue dip but maintains strategic focus

CVD Equipment faced revenue decline and increased losses in Q2 2023, but showed improved gross margins and strong backlog, indicating underlying strength.
The company's focus on key markets and adequate working capital provide a foundation for future growth and resilience.
To overcome challenges and capitalize on opportunities, CVD Equipment needs to enhance operational efficiency, address revenue decline, and explore growth avenues.

CVD Equipment reports Q3 revenue decline but eyes strategic growth

CVD Equipment faced revenue decline and an operating loss in Q3, with a lower gross profit margin.
Strategic divestments and new Board members signal a shift towards focused growth strategies.
Despite challenges, new orders in key sectors and higher year-to-date revenue offer optimism for the future.

CVD Equipment reports Q4 revenue decline, eyes growth in new markets

CVD Equipment faced revenue decline and an operating loss in Q4 2023, attributed to cost overruns and lower revenues. Despite challenges, the company secured significant new orders and aims to return to consistent profitability by expanding into promising markets. Managing expenses and capitalizing on diversification efforts are crucial for future success.

CVD Equipment reports Q1 revenue decline but focuses on profitability

CVD Equipment faces challenges with revenue decline and increased losses in Q1 2024.
However, the company maintains strengths in key orders, backlog, and cost management strategies.
Opportunities lie in revenue growth potential, operational improvements, and strategic initiatives.
Overall, CVD Equipment aims to navigate challenges and capitalize on opportunities for future success.

CVD Equipment reports revenue growth and backlog increase in Q2

CVD Equipment showed strong revenue growth and backlog increase in Q2 2024, driven by demand in the SDC segment.
While facing revenue challenges and reduced cash reserves, the company's strategic focus on operational improvements is notable.
Opportunities lie in leveraging the backlog, addressing market demand, and enhancing operational efficiency for future growth.

CVD Equipment reports stellar Q3 results, eyes growth opportunities ahead

CVD Equipment delivered impressive financial performance in Q3 2024, with substantial revenue growth and improved profitability.
While facing challenges such as declining working capital and competitive pressures, the company has opportunities to leverage its strong order pipeline and expand market reach.
Strategic orders, repeat business, and a healthy backlog position indicate positive momentum for CVD Equipment, necessitating a focus on sustaining growth and operational efficiency.
Overall, CVD Equipment's Q3 results reflect a promising outlook with potential for continued success through strategic initiatives and market expansion.

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CVV posts strong third-quarter results with revenue growth and backlog gains, driven by aerospace demand and strategic initiatives.

CVD Equipment Stock Up Post Q3 Earnings on Revenue and Profit Growth

CVD Equipment Corporation (NASDAQ:CVV ) Q3 2024 Earnings Conference Call November 13, 2024 5:00 PM ET Company Participants Emmanuel Lakios - President and CEO Richard Catalano - EVP and CFO Conference Call Participants Operator Greetings. Thank you for standing by.

CVD Equipment Corporation (CVV) Q3 2024 Earnings Call Transcript

CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition and thermal process equipment, announced today that it has received a follow on order for a production Chemical Vapor Infiltration (CVI) system valued at approximately $3.5 million. The system is intended to be used to produce advanced, energy efficient materials for use within gas turbine engines. CVD Equipment is a leading manufacturer of Chemical Vapor Deposition (CV.

CVD Equipment Corporation Receives $3.5M Follow On Chemical Vapor Infiltration System Order

CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV) today announced its financial results for the third quarter ended September 30, 2024. Manny Lakios, President and CEO of CVD Equipment Corporation, commented, “We are pleased that CVD's third quarter 2024 revenue was $8.2 million, representing a 31.4% increase from the prior year period, which supported an improvement in operating performance and system gross margins. It is also encouraging that our September 30th bac.

CVD Equipment Corporation Reports Third Quarter 2024 Financial Results

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 third quarter ended September 30, 2024 after the market close on Wednesday, November 13, 2024. 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) 407-29.

CVD Equipment Corporation to Report Third Quarter 2024 Financial Results on November 13, 2024

CVD Equipment Corp (CVV, Financial) witnessed a significant stock price increase of 5.30%, with shares reaching $3.38. The trading volume was 6,116 shares, representing a turnover rate of 0.09% and a price fluctuation of 2.80%.

CVV Stock Surges 5.30% Amidst Industry Volatility

Strength in the majority of CVD Equipment's (CVV) segments drives its second-quarter revenues.

CVD Equipment (CVV) Q2 Earnings Increase Y/Y, Gross Margin Down

CVD Equipment Corporation (CVV) Q2 2024 Earnings Call Transcript

CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), today announced its financial results for the second quarter ended June 30, 2024. Manny Lakios, President and CEO of CVD Equipment Corporation, commented, “Second quarter 2024 revenue was $6.3 million, a 25.2% increase from the prior year period. We are pleased to have recently shipped a PVT 200 system which was part of the first quarter strategic order for SiC 200mm crystal boule growth. The performance of the syste.

CVD Equipment Corporation Reports Second Quarter 2024 Financial Results

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, 2024 after the market close on Tuesday, August 13, 2024. 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 in.

CVD Equipment Corporation to Report Second Quarter 2024 Financial Results on August 13, 2024

Discover why Zacks rates CVD Equipment as "Underperform", being the first on Wall Street to initiate coverage on the stock. Explore CVV's supply-chain disruptions, financial health, and competitive pressures.

Zacks Initiates Coverage of CVD Equipment With Underperform Recommendation

CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition and thermal process equipment, announced today it had appointed Andrew Africk to its Board of Directors. The Board of Directors also approved an expansion of the number of directors from the current level of six to seven. "We are delighted that Mr. Africk has agreed to join our Board,” said Lawrence J. Waldman, Chairman of CVD Equipment Corporation's Board of Directors.

CVD Equipment Corporation Announces Appointment of Andrew Africk to its Board of Directors

CVD Equipment Corporation (NASDAQ:CVV ) Q1 2024 Earnings Conference Call May 13, 2024 5:00 PM ET Company Participants Emmanuel Lakios - President and Chief Executive Officer Richard Catalano - Executive Vice President and Chief Financial Officer Conference Call Participants Brett Reiss - Janney Montgomery Scott Operator Greetings, and thank you for standing by. And welcome to CVD's Equipment Corporation's First Quarter Fiscal Year 2024 Earnings Conference Call.

CVD Equipment Corporation (CVV) Q1 2024 Earnings Call Transcript

CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), today announced its financial results for the first quarter ended March 31, 2024. Manny Lakios, President and CEO of CVD Equipment Corporation, commented, “First quarter 2024 revenue was $4.9 million, down significantly versus the prior year period, as our business continues to experience fluctuations in revenue given the nature of the emerging growth end markets we serve. While we are disappointed with our first qua.

CVD Equipment Corporation Reports First Quarter Fiscal Year 2024 Financial Results

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, 2024 after the market closes on Monday, May 13, 2024. 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 inter.

CVD Equipment Corporation to Report First Quarter Fiscal Year 2024 Financial Results on May 13, 2024

CVD Equipment Corporation (CVV) Q4 2023 Earnings Call Transcript

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, 2023. Manny Lakios, President and CEO of CVD Equipment Corporation, commented, “Fourth quarter 2023 revenue was $4.1 million, down significantly versus the prior year period, as our business continues to experience fluctuations in revenue given the nature of the emerging growth end markets we serve. While we are disappoint.

CVD Equipment Corporation Reports Fourth Quarter and Fiscal Year 2023 Financial Results

CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition and thermal process equipment, announced today that it will release its financial results for the fourth quarter and fiscal year ended December 31, 2023 after the markets close on Thursday, March 28, 2024. 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.

CVD Equipment Corporation to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on March 28, 2024

CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition, thermal and physical vapor transport process equipment, announced today it will be joining 14 other companies in collectively hosting the 12th Annual NYC Summit investor conference, being held Tuesday, December 12th at Mastro's New York. The presentation material utilized by CVD Equipment Corporation during the NYC Summit will be made accessible on the events page of t.

CVD Equipment Corporation Announces Participation in 12th Annual NYC Summit

CVD Equipment Corporation (NASDAQ:CVV ) Q3 2023 Earnings Conference Call November 14, 2023 5:00 PM ET Company Participants Emmanuel Lakios – President and Chief Executive Officer Rich Catalano – Executive Vice President and Chief Financial Officer Conference Call Participants Brett Reiss – Janney Montgomery Scott Operator Greetings and thank you for standing by. Welcome to CVD Equipment Corporation's Third Quarter Fiscal Year 2023 Earnings Call.

CVD Equipment Corporation (CVV) Q3 2023 Earnings Call Transcript

CENTRAL ISLIP, N.Y--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), today announced its financial results for the third quarter ended September 30, 2023. Emmanuel Lakios, President and CEO of CVD Equipment Corporation, commented, “As previously communicated, our order and revenue levels have historically fluctuated, which is often typical in the highly cyclical process equipment industry. As such, while we saw a year over year decline in third quarter revenue of $1.9 million, our year.

CVD Equipment Corporation Reports Third Quarter 2023 Financial Results

CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition and thermal process equipment, announced today that it will release its third quarter 2023 financial results after the markets close on Tuesday, November 14, 2023. 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.

CVD Equipment Corporation to Announce Third Quarter 2023 Financial Results on November 14, 2023

CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition and thermal process equipment, announced today it had appointed Dr. Ashraf Lotfi to its Board of Directors. The Board of Directors also approved an expansion of the number of directors from the current level of five to six. "We are delighted that Dr. Lotfi has agreed to join our Board,” said Lawrence J. Waldman, Chairman of CVD Equipment Corporation's Board of Directors.

CVD Equipment Corporation Announces Appointment of Dr. Ashraf Lotfi to its Board of Directors

CVD Equipment Corporation (NASDAQ:CVV ) Q2 2023 Earnings Conference Call August 14, 2023 5:00 PM ET Company Participants Emmanuel Lakios – President and Chief Executive Officer Richard Catalano – Executive Vice President and Chief Financial Officer Conference Call Participants Brett Reiss – Janney Montgomery Scott Operator Greetings. Thank you for standing by.

CVD Equipment Corporation (CVV) Q2 2023 Earnings Call Transcript

CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), today announced its financial results for the second quarter ended June 30, 2023. Manny Lakios, President and CEO of CVD Equipment Corporation, commented, “As previously communicated, our order and revenue levels have historically fluctuated, which is often typical in the highly cyclical process equipment industry. As such, while we saw a year over year decline in second quarter revenue, we are pleased that our first.

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