CVD Equipment (CVV) Reports Q1 Loss of $0.05/Share

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Go back to CVD Equipment (CVV) Reports Q1 Loss of $0.05/Share

CVD Reports First Quarter 2016 Results

May 16, 2016 4:15 PM EDT

CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)-- CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition systems, today announced its first quarter 2016 financial results.

Total revenue for the three months ended March 31, 2016 was $5.0 million compared to $9.7 million in the first quarter of 2015, a decrease of 48.5%. One customer represented 58.8% and 54.6% of our revenue for the three months ended March 31,... More