Category Archive for : ‘Press Releases’

CENTRAL ISLIP, N.Y., (Business Wire) March 20, 2023 – CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition systems, announced today that it will release its 2022 fourth quarter and year end results after markets close on Monday, March 27, 2022.

CVD Management will hold a conference call to discuss its results at 5:00 pm (Eastern Time) that day. To participate in the live conference call, please dial toll free (877) 407-2991 or International (201) 389-0925. A telephone replay will be available for 7

CENTRAL ISLIP, N.Y., (Business Wire) – January 10, 2023 – CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition systems, announced today that it has received an additional order for ten (10) high performance PVT-150 systems. The systems will be used to grow 150 mm diameter monocrystalline silicon carbide (SiC) boules, which are subsequently processed into SiC wafers used in power electronics. The systems are scheduled for delivery in the first half of 2023.

SiC power electronics allow for higher power density and greater

CENTRAL ISLIP, N.Y., (Business Wire) – November 14, 2022 – CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition systems and materials, today announced its financial results for the third quarter of 2022.

Results of Third Quarter 2022

Financial and Operational Highlights:

Customer orders of $7.3 million
Revenue of $8.1 million
Operating income of $122,275
Net income of $63,538
Net income per basic and diluted share of $0.01
Cash and cash equivalents of $11.9 million
September 30, 2022 backlog of $15.7 million

Revenue for the third quarter of 2022

CENTRAL ISLIP, N.Y., (Business Wire) – November 10, 2022 – CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition systems, announced today that it has received an order for a Production Chemical Vapor Infiltration (CVI) System valued at approximately $3.7M. The system will be used to manufacture Ceramic Composite Materials (CMCs) for Aerospace Gas Turbine Engines.

CVD is a leading manufacturer of Chemical Vapor Infiltration (CVI) and Tow-Coating Systems for use in the aerospace industry. Although gas turbine engine production was greatly impacted