Earnings ·
CVD Equipment reports Q3 loss of $0.30 per share as revenue falls 72% to $1.6M
CVVCvd Equipment Corp
CVD Equipment Corporation reported a net loss from continuing operations of $2.1 million, or $0.30 per share, for the third quarter ended September 30, 2026. Revenue declined 72.1% year-over-year to $1.6 million due to lower system orders as the company stops pursuing new CVD equipment sales. The firm reduced its workforce and incurred $0.8 million in restructuring charges while holding $23.5 million in cash with no debt. Management is evaluating strategic alternatives, including selling real estate assets via CBRE. CVD Equipment Corporation designs and manufactures chemical vapor deposition and thermal processing equipment for industrial applications.