CVD Equipment Corporation Reports First Quarter Fiscal Year 2024 Financial Results
CVD Equipment Corporation (CVV)
US:NASDAQ Investor Relations:
cvdequipment.com/company/investor-relations
Company Research
Source: Business Wire
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 quarter performance, we’ll stay the course on strategic efforts to achieve profitability, carefully managing our costs and cash flow while simultaneously focusing on growth and return on investment.”Mr. Lakios added, “As we mentioned in our year-end press release, we started off the year with several key order wins during the first quarter. These included a strategic order for our PVT200™ system from a new customer, marking an important milestone as we seek to gain traction for SiC crystal boule
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News
- CVD Equipment Co. (NASDAQ: CVV) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- One CVD Equipment Insider Raised Stake By 20% In Previous Year [Yahoo! Finance]Yahoo! Finance
- CVD Equipment Co. (NASDAQ: CVV) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Zacks Initiates Coverage of CVD Equipment With Underperform Recommendation [Yahoo! Finance]Yahoo! Finance
- CVD Equipment Co. (NASDAQ: CVV) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
CVV
Sec Filings
- 6/21/24 - Form 8-K
- 6/21/24 - Form DEF
- 5/30/24 - Form SD
- CVV's page on the SEC website