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Stock impact report

Edited Transcript of CVV earnings conference call or presentation 12-Nov-19 9:30pm GMT [Yahoo! Finance News]

CVD Equipment Corporation (CVV) 
US:NASDAQ Investor Relations: cvdequipment.com/company/investor-relations
Edited Transcript of CVV earnings conference call or presentation 12-Nov-19 9:30pm GMT Our revenue increase of $1.7 million in this third quarter as compared to the year-ago period was primarily the result of increases in spare parts and equipment sales. For the 9 months of 2019, the revenue decrease of $5.5 million was primarily attributable to the completion of large equipment orders and not being able to replace them in a timely fashion. Our sequential quarterly revenue increased $800,000 in the third quarter to $5.7 million, which is an increase of 16% and was our second sequential quarterly revenue increase of $1.5 million Q2 -- or Q1 of $1.5 million or 41.8%. With respect to new orders, during the third quarter, we received orders of approximately $7.9 million as compared to $3.3 million in Q2 and $6.5 million in Q1 of 2019. This lifted our order backlog, which at September 30 was $6.7 million as compared to $4.5 million at June 30, an increase of $2.2 million or 49%. With respe Show less Read more
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