CVD Equipment Corporation Reports Third Quarter 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 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 backlog was $19.8 million, meaningfully higher than our 2023 year-end backlog. We are staying the course on our strategic efforts to build critical customer relationships, while carefully managing our costs to achieve our goal of long-term profitability and positive cash flow, while simultaneously focusing on growth and return on investment."“We continue to see an ongoing recovery of our Aerospace and Defense market segment. In early November, we received a $3.5 million follow on order for our C
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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
- CVD Equipment Co. (NASDAQ: CVV) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- CVD Equipment Co. (NASDAQ: CVV) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- CVD Equipment Co. (NASDAQ: CVV) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- CVD Equipment Stock Up Post Q3 Earnings on Revenue and Profit Growth [Yahoo! Finance]Yahoo! Finance
CVV
Sec Filings
- 11/13/24 - Form 10-Q
- 11/13/24 - Form 8-K
- CVV's page on the SEC website