CVD EQUIPMENT CORPORATION


Associated tags: CVV, Petroleum, Nanowire, Research, Electronics, CVD, Silicon, Manufacturing, Aerospace, Plastics, Engineering, Chemicals, Automotive Manufacturing, Other Manufacturing, Eastern Time Zone, Semiconductor, Nanotechnology, Energy, Defense, Crown Equipment Corporation, Oil

Locations: UNITED STATES, NORTH AMERICA, NEW YORK

CVD Equipment Corporation Reports Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, March 28, 2024

CVD Equipment Corporation (NASDAQ: CVV ), today announced its financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • CVD Equipment Corporation (NASDAQ: CVV ), today announced its financial results for the fourth quarter and fiscal year ended December 31, 2023.
  • Manny Lakios, President and CEO of CVD Equipment Corporation, commented, “Fourth quarter 2023 revenue was $4.1 million, down significantly versus the prior year period, as our business continues to experience fluctuations in revenue given the nature of the emerging growth end markets we serve.
  • This represents an important milestone for CVD, with potential follow-on production orders should our equipment effectively meet the customers’ needs.
  • Orders for the fourth quarter were $5.8 million driven by continued demand in the aerospace sector and in our SDC segment for gas delivery equipment.

CVD Equipment Corporation to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on March 28, 2024

Retrieved on: 
Thursday, March 21, 2024

CVD Equipment Corporation (NASDAQ: CVV ), a leading provider of chemical vapor deposition and thermal process equipment, announced today that it will release its financial results for the fourth quarter and fiscal year ended December 31, 2023 after the markets close on Thursday, March 28, 2024.

Key Points: 
  • CVD Equipment Corporation (NASDAQ: CVV ), a leading provider of chemical vapor deposition and thermal process equipment, announced today that it will release its financial results for the fourth quarter and fiscal year ended December 31, 2023 after the markets close on Thursday, March 28, 2024.
  • The Company will hold a conference call to discuss its results at 5:00 p.m. (Eastern Time) that day.
  • To participate in the live conference call, please dial toll free (877) 407-2991 or international (201) 389-0925.
  • Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties.

CVD Equipment Corporation Announces Participation in 12th Annual NYC Summit

Retrieved on: 
Thursday, November 16, 2023

CVD Equipment Corporation (NASDAQ: CVV ), a leading provider of chemical vapor deposition, thermal and physical vapor transport process equipment, announced today it will be joining 14 other companies in collectively hosting the 12th Annual NYC Summit investor conference, being held Tuesday, December 12th at Mastro’s New York.

Key Points: 
  • CVD Equipment Corporation (NASDAQ: CVV ), a leading provider of chemical vapor deposition, thermal and physical vapor transport process equipment, announced today it will be joining 14 other companies in collectively hosting the 12th Annual NYC Summit investor conference, being held Tuesday, December 12th at Mastro’s New York.

CVD Equipment Corporation Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 14, 2023

CVD Equipment Corporation (NASDAQ: CVV), today announced its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • CVD Equipment Corporation (NASDAQ: CVV), today announced its financial results for the third quarter ended September 30, 2023.
  • Emmanuel Lakios, President and CEO of CVD Equipment Corporation, commented, “As previously communicated, our order and revenue levels have historically fluctuated, which is often typical in the highly cyclical process equipment industry.
  • Orders for the third quarter were $4.1 million driven by continued demand in the aerospace sector.
  • Backlog as of September 30, 2023 of $16.6 million, a decrease from $18.8 million at June 30, 2023.

CVD Equipment Corporation to Announce Third Quarter 2023 Financial Results on November 14, 2023

Retrieved on: 
Tuesday, November 7, 2023

CVD Equipment Corporation (NASDAQ: CVV ), a leading provider of chemical vapor deposition and thermal process equipment, announced today that it will release its third quarter 2023 financial results after the markets close on Tuesday, November 14, 2023.

Key Points: 
  • CVD Equipment Corporation (NASDAQ: CVV ), a leading provider of chemical vapor deposition and thermal process equipment, announced today that it will release its third quarter 2023 financial results after the markets close on Tuesday, November 14, 2023.
  • The Company will hold a conference call to discuss its results at 5:00 p.m. (Eastern Time) that day.
  • To participate in the live conference call, please dial toll free (877) 407-2991 or international (201) 389-0925.
  • Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties.

CVD Equipment Corporation Announces Appointment of Dr. Ashraf Lotfi to its Board of Directors

Retrieved on: 
Monday, August 21, 2023

CVD Equipment Corporation (NASDAQ: CVV ), a leading provider of chemical vapor deposition and thermal process equipment, announced today it had appointed Dr. Ashraf Lotfi to its Board of Directors.

Key Points: 
  • CVD Equipment Corporation (NASDAQ: CVV ), a leading provider of chemical vapor deposition and thermal process equipment, announced today it had appointed Dr. Ashraf Lotfi to its Board of Directors.
  • The Board of Directors also approved an expansion of the number of directors from the current level of five to six.
  • "We are delighted that Dr. Lotfi has agreed to join our Board,” said Lawrence J. Waldman, Chairman of CVD Equipment Corporation’s Board of Directors.
  • Manny Lakios, President and CEO of CVD Equipment Corporation, also commented, “We are very pleased to welcome Dr. Lotfi to our Board of Directors.

CVD Equipment Corporation Reports Second Quarter 2023 Financial Results

Retrieved on: 
Monday, August 14, 2023

CVD Equipment Corporation (NASDAQ: CVV ), today announced its financial results for the second quarter ended June 30, 2023.

Key Points: 
  • CVD Equipment Corporation (NASDAQ: CVV ), today announced its financial results for the second quarter ended June 30, 2023.
  • Manny Lakios, President and CEO of CVD Equipment Corporation, commented, “As previously communicated, our order and revenue levels have historically fluctuated, which is often typical in the highly cyclical process equipment industry.
  • Also contributing to the second quarter order bookings was a battery nanomaterial production system of approximately $1.8 million.
  • Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by CVD Equipment Corporation) contains statements that are forward-looking.

CVD Equipment Corporation to Announce Second Quarter 2023 Financial Results on August 14, 2023

Retrieved on: 
Monday, August 7, 2023

CVD Equipment Corporation (NASDAQ: CVV ), a leading provider of chemical vapor deposition and thermal process equipment, announced today that it will release its second quarter 2023 financial results after the markets close on Monday, August 14, 2023.

Key Points: 
  • CVD Equipment Corporation (NASDAQ: CVV ), a leading provider of chemical vapor deposition and thermal process equipment, announced today that it will release its second quarter 2023 financial results after the markets close on Monday, August 14, 2023.
  • The Company will hold a conference call to discuss its results at 5:00 p.m. (Eastern Time) that day.
  • To participate in the live conference call, please dial toll free (877) 407-2991 or international (201) 389-0925.
  • The archived webcast will be available at the same location approximately two hours following the end of the live event.

CVD Equipment Corporation Receives System Order for the Production of High Performance Nanomaterials Used in Electric Vehicle Batteries

Retrieved on: 
Monday, June 26, 2023

Currently, most electric vehicles are either too expensive for the broad mass of customers or their range is too prohibitive.

Key Points: 
  • Currently, most electric vehicles are either too expensive for the broad mass of customers or their range is too prohibitive.
  • The reasons for this are the limited energy density and the high cost of batteries.
  • Leveraging its extensive 40+ years of CVD experience, CVD Equipment Corporation designs and manufactures CVD and CVI (chemical vapor infiltration) systems to advance the state of the art in nanotechnology materials.
  • This order expands our installed base into Europe of our production systems for lithium-ion battery nanomaterials.” said Emmanuel Lakios, President and CEO of CVD Equipment Corporation.

CVD Equipment Corporation Announces Sale of its Tantaline Subsidiary

Retrieved on: 
Tuesday, May 30, 2023

CVD Equipment Corporation (NASDAQ: CVV ), a leading provider of chemical vapor deposition and thermal process equipment, today announced the sale of its subsidiary, Tantaline CVD ApS (Tantaline) located in Denmark.

Key Points: 
  • CVD Equipment Corporation (NASDAQ: CVV ), a leading provider of chemical vapor deposition and thermal process equipment, today announced the sale of its subsidiary, Tantaline CVD ApS (Tantaline) located in Denmark.
  • The Company expects to record a loss on the sale of approximately $250,000 during the quarter ending June 30, 2023.
  • The revenues and net income of Tantaline for the three months ended March 31, 2023 were $0.4 million and $0.1 million, respectively.
  • In 2021, CVD Equipment initiated a strategic assessment of its business, specifically evaluating the growth and profitability of each of the Company’s product lines, that included Tantaline which provides corrosion resistant surface treatments.