CVD Equipment (CVV) Reports Q3 EPS of $0.01

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Go back to CVD Equipment (CVV) Reports Q3 EPS of $0.01

CVD Reports Third Quarter 2022 Results and Announces Termination of the Sale and Leaseback Transaction

November 14, 2022 4:13 PM EST

CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)-- CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition systems and materials, today announced its financial results for the third quarter of 2022.

Results of Third Quarter 2022

Financial and Operational Highlights:

Customer orders of $7.3 million Revenue of $8.1 million Operating income of $122,275 Net income of $63,538 Net income per basic and diluted share of $0.01 Cash and cash equivalents of $11.9 million September 30, 2022 backlog of $15.7 million

Revenue for the third... More