CVD Equipment Corporation Reports First Quarter 2025 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, 2025.Manny Lakios, President and CEO of CVD Equipment Corporation, stated, “First quarter 2025 revenue was $8.3 million, up 69.0% versus the prior year quarter and up 12.2% from the fourth quarter of 2024. Revenue from our CVD Equipment segment was driven by revenue recognized principally from two contracts, one in the industrial market and one in aerospace. Our SDC segment continued to see strong demand for its gas delivery equipment.”Mr. Lakios added, “With the increased revenue and lower than expected orders in the quarter of $2.8 million, our backlog declined during the quarter from $19.4 million at December 31, 2024 to $13.8 million at March 31, 2025. Our net income for the quarter was $360,000. While the first quarter of 2025 represents the third consecutive quarter of net income, due to the nature of our business we expec
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Sec Filings
- 11/10/25 - Form 8-K
- 11/10/25 - Form 10-Q
- CVV's page on the SEC website