STOCK TITAN

CVD Equipment Corp. - CVV STOCK NEWS

Welcome to our dedicated news page for CVD Equipment (Ticker: CVV), a resource for investors and traders seeking the latest updates and insights on CVD Equipment.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CVD Equipment's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CVD Equipment's position in the market.

Rhea-AI Summary
CVD Equipment (CVV) reported fourth-quarter 2023 revenue of $4.1 million, down significantly from the prior year. The company aims to return to consistent profitability by focusing on growth and ROI. They secured new orders in early 2024, including a $10 million order for a SiC CVD coating reactor. However, financial performance saw a decline, with an operating loss of $2.5 million in Q4 and a net loss of $2.3 million. Full-year revenue for 2023 was $24.1 million, down 6.6% YoY, with an operating loss of $4.9 million. The company also faced workforce reductions to align with current demand.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
-
Rhea-AI Summary
CVD Equipment (NASDAQ: CVV) will release its Q4 and fiscal year 2023 financial results on March 28, 2024. A conference call to discuss the results will be held at 5:00 p.m. (Eastern Time) on the same day. Dial (877) 407-2991 to participate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.84%
Tags
earnings
-
Rhea-AI Summary
CVD Equipment Corporation (NASDAQ: CVV) to Participate in 12th Annual NYC Summit Investor Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.63%
Tags
none
Rhea-AI Summary
CVD Equipment Corporation (NASDAQ: CVV) reported third-quarter financial results, with revenue down 23.2% year-over-year, but year-to-date revenue of $20.0 million was 7.6% higher than the previous fiscal year. The company remains focused on high-power electronics, battery materials/energy storage, and aerospace and defense markets. Despite the third-quarter revenue decline, CVD Equipment Corporation is committed to achieving consistent long-term profitability and reducing operating costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
Tags
earnings
-
Rhea-AI Summary
CVD Equipment Corporation (NASDAQ: CVV) to Release Q3 2023 Financial Results, Conference Call Scheduled, Webcast Available
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.57%
Tags
earnings
-
Rhea-AI Summary
CVD Equipment Corporation appoints Dr. Ashraf Lotfi to its Board of Directors and expands the number of directors. Dr. Lotfi's expertise in the semiconductor and power electronics industry will be valuable for the company's strategy focused on electrification. CVD Equipment Corporation is pursuing customer opportunities in high-power electronics, battery materials/energy storage, and aerospace and defense.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.27%
Tags
management
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.74%
Tags
earnings
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.63%
Tags
earnings
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.01%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.26%
Tags
none
CVD Equipment Corp.

Nasdaq:CVV

CVV Rankings

CVV Stock Data

32.14M
4.76M
17.39%
22.14%
0.51%
Semiconductor and Related Device Manufacturing
Manufacturing
Link
US
Central Islip

About CVV

cvd equipment corporation designs, develops, and manufactures a broad range of chemical vapor deposition, gas control, and other state-of-the-art equipment and process solutions used to develop and manufacture materials and coatings for research and industrial applications. this equipment is used by our customers to research, design, and manufacture these materials or coatings for aerospace engine components, medical implants, semiconductors, solar cells, smart glass, carbon nanotubes, nanowires, leds, mems, and other applications. through our application laboratory, we provide process development support and process startup assistance with the focus on enabling tomorrow’s technologies™. its wholly owned subsidiary cvd materials corporation provides advanced metal surface treatments and coatings serving demanding applications in the biomedical, petroleum, pharmaceutical, and many other industrial markets.