CVD Equipment Corp (CVV) Q3 2024 Earnings Call Highlights: Revenue Surge and Strategic Orders ... [Yahoo! Finance]
CVD Equipment Corporation (CVV)
US:NASDAQ Investor Relations:
cvdequipment.com/company/investor-relations
Company Research
Source: Yahoo! Finance
CVD Equipment Corp ( NASDAQ:CVV ) reported a 31.4% increase in third-quarter revenue compared to the same period last year. The company successfully shipped a PBT 200 system to a new account, marking a strategic order for silicon carbide crystal growth. Orders for the third quarter were $4.1 million, driven primarily by demand in the CBD segment. CVD Equipment Corp ( NASDAQ:CVV ) received a $3.5 million follow-on order from an existing aerospace customer, indicating strong customer relationships. The company's backlog increased by 7.6% compared to the 2023 year-end backlog, reflecting a positive outlook for future revenue. Year-to-date revenue was 2.8% lower than the prior year period, indicating some challenges in maintaining consistent growth. The company recorded a noncash charge of approximately $1 million to reduce the net realizable value of PBT 150 inventory due to market overcapacity. Gross profit margin decreased to 22.4% from 25.6% in the same quarter last yea
Show less
Read more
Impact Snapshot
Event Time:
CVV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CVV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CVV alerts
High impacting CVD Equipment Corporation news events
Weekly update
A roundup of the hottest topics
CVV
News
- CVD Equipment Stock Up Post Q3 Earnings on Revenue and Profit Growth [Yahoo! Finance]Yahoo! Finance
- CVD Equipment Corporation Receives $3.5M Follow On Chemical Vapor Infiltration System OrderBusiness Wire
- CVD Equipment Corporation Reports Third Quarter 2024 Financial ResultsBusiness Wire
- CVD Equipment Co. (NASDAQ: CVV) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- CVD Equipment Corporation to Report Third Quarter 2024 Financial Results on November 13, 2024Business Wire
CVV
Sec Filings
- 11/13/24 - Form 10-Q
- 11/13/24 - Form 8-K
- 8/26/24 - Form 4
- CVV's page on the SEC website