Welcome to our dedicated page for Cvd Equipment news (Ticker: CVV), a resource for investors and traders seeking the latest updates and insights on Cvd Equipment stock.
CVD Equipment Corporation designs, develops, and manufactures chemical vapor deposition, thermal processing, physical vapor transport, and related process equipment used to develop and manufacture materials and coatings for industrial applications and research. Its updates commonly address financial results, bookings and orders, operational initiatives, and equipment demand tied to aerospace and defense, silicon carbide high-power electronics, electric vehicle battery materials, and industrial markets.
Company news also includes technology and customer-development items, such as Physical Vapor Transport systems for single crystal silicon carbide boule growth, and corporate portfolio actions. CVD completed the sale of its Stainless Design Concepts, or SDC, business division, making the disposition of that gas and chemical delivery systems operation a durable part of the company’s recent corporate history.
CVD Equipment Corporation (CVV) announced a major restructuring and leadership transition, including discontinuing pursuit of new CVD equipment system orders and cutting its workforce by about half.
The reduced headcount is intended to match staffing to the remaining equipment backlog, warranty work, and the ongoing spare parts, quartz, and services business. CVD expects a restructuring charge of approximately $0.8 million to $1.0 million in the current quarter, mainly for severance and related costs. Effective September 3, 2026, President and CEO Emmanuel Lakios left his roles and the Board, and Vice President of Manufacturing Operations Warren Cheesman was appointed Acting CEO. The Board cited weak prospective order activity, declining backlog, and ongoing operating losses in the equipment division, and is evaluating further cost reductions, asset monetization, and business alternatives. At the end of Q2 2026, CVD had $23.5 million in cash and no debt.
CVD Equipment (NASDAQ: CVV) reported second quarter 2026 results highlighted by the April 1 sale of its SDC division for $17.4 million, generating approximately $15.0 million in net cash proceeds. The Company ended June 30, 2026 with about $23.5 million in cash and cash equivalents, no long-term debt, and stockholders’ equity of $36.0 million.
From continuing operations, CVD reported orders of $1.2 million, revenue of $2.0 million (down 42.6% year over year), gross margin of 16.8%, backlog of $3.9 million, and a net loss of $1.4 million, or $0.20 per share. Net income from discontinued operations was $13.9 million, reflecting the gain on the SDC divestiture, resulting in total net income of $12.6 million, or $1.81 per share. CVD also completed a major operational restructuring expected to materially reduce its fixed cost base and noted that a customer tied to a $0.8 million system order has filed a prepackaged Chapter 11, which the Company is evaluating for potential impact.
CVD Equipment Corporation (NASDAQ: CVV) will release its financial results for the second quarter ended June 30, 2026 after the market close on Wednesday, August 12, 2026. Management will host a conference call at 5:00 p.m. Eastern Time that day to discuss the results.
Investors can join the live call by dialing toll-free 1-877-407-2991 or 1-201-389-0925. A telephone replay will be available for 7 days at 1-877-660-6853 or 1-201-612-7415 using passcode 13762114. A live and archived webcast will be accessible at www.cvdequipment.com/events about two hours after the call.
CVD Equipment (NASDAQ: CVV) completed the sale of its SDC division on April 1, 2026, generating $14.8 million in net cash and resulting in about $23 million cash and no long-term debt.
Q1 2026 continuing-operations revenue was $1.8 million (down 70.9%), orders were $1.8 million, backlog was $4.7 million, gross margin was 8.0%, and net loss from continuing operations was $1.7 million or ($0.25) per share. A prior workforce reduction is expected to cut annual operating costs by about $1.8 million in fiscal 2026.
CVD Equipment Corporation (NASDAQ: CVV) will report results for the quarter ended March 31, 2026 after the market close on May 14, 2026. The company will host a conference call at 5:00 p.m. ET that day with live webcast and a replay available for seven days.
Call dial-in numbers, replay passcode 13760600, and an archived webcast will be available at www.cvdequipment.com/events about two hours after the live event. CVD designs and manufactures chemical vapor deposition and thermal process equipment for markets including aerospace & defense, SiC power electronics, and EV battery materials.
CVD Equipment Corporation (NASDAQ: CVV) announced successful growth of a single crystal silicon carbide (SiC) boule using its Physical Vapor Transport (PVT) systems, characterized by Stony Brook University as 4H crystal structure with low defect density. The collaboration supports Stony Brook's onsemi Research Center for Wide Bandgap Materials and showcases CVDE's PVT equipment for next-generation SiC semiconductor manufacturing.
The work reinforces CVDE's role as an equipment supplier for high-performance materials used in power electronics and related emerging markets.
CVD Equipment Corporation (NASDAQ: CVV) completed the sale of its Stainless Design Concepts (SDC) division on April 2, 2026 for approximately $16.9 million in cash, subject to adjustments. Net cash proceeds are about $15.0 million after expenses and taxes, with $900,000 held in escrow.
The company said it will use proceeds to enhance financial flexibility and support strategic initiatives. CVD will retain the Saugerties, New York facility and lease it to the buyer for an initial two-year term.
CVD Equipment Corporation (NASDAQ: CVV) reported Q4 2025 revenue of $5.0M (down 33.1% YoY) and orders of $3.5M; backlog was $6.6M at Dec 31, 2025. Q4 net loss was $1.3M (loss $0.18/share). Fiscal 2025 revenue was $25.8M (down 4.1%); FY net loss was $1.6M (loss $0.23/share). Cash was $8.7M at year-end.
The company entered a definitive agreement to sell its SDC division to Atlas Copco for approximately $16.9M cash (expected net proceeds ~$15.0M), subject to adjustments; closing expected Q2 2026. Workforce reductions expected to save ~$1.8M in 2026.
CVD Equipment Corporation (NASDAQ: CVV) will release fourth quarter and fiscal year 2025 results after market close on March 30, 2026.
The company will host a conference call at 5:00 p.m. ET that day with live webcast and a telephone replay available for seven days; archived webcast posted ~two hours after the call.
CVD Equipment Corporation (NASDAQ: CVV) agreed to sell its Stainless Design Concepts (SDC) division to Atlas Copco Group for approximately $16.9 million in cash, subject to adjustments. The deal is expected to close in Q2 2026 and yield net cash proceeds of about $15.0 million.
The company will lease its Saugerties, NY facility to the buyer for an initial two-year term and hold $900,000 in escrow for post-closing adjustments and indemnities.