CVD Equipment (NASDAQ:CVV) Issues Earnings Results

CVD Equipment (NASDAQ:CVV) issued its quarterly earnings data on Monday. The industrial products company reported ($0.18) earnings per share for the quarter, reports. The firm had revenue of $4.95 million for the quarter. CVD Equipment had a negative return on equity of 0.72% and a negative net margin of 0.66%.

Here are the key takeaways from CVD Equipment’s conference call:

• The company entered a definitive agreement to sell its SDC business to Atlas Copco for approximately $16.9 million in cash (expected close Q2 2026), which management says will sharpen focus on core CVD Equipment operations and strengthen the balance sheet.
• Management has launched a transformation plan that includes transitioning to outsourced fabrication and completed a workforce reduction in the CVD division, expected to cut annual operating costs by about $1.8 million in 2026.
• Orders and backlog weakened materially: Q4 revenue fell to $5.0 million (down 33% year-over-year and sequentially), full-year orders dropped to $13.0 million from $28.0 million, and year‑end backlog declined to $6.6 million from $19.4 million a year earlier.
• Revenue concentration is high, with two customers representing about 53% of Q4 revenue and ~41% of full‑year revenue, highlighting customer concentration risk for the CVD Equipment segment.
• Cash and liquidity outlook: year-end cash was $8.7 million, net cash used in operations was $3.7 million for 2025, and management expects current cash plus ~$14–15 million of net SDC sale proceeds to provide at least a 12‑month runway and intends to invest proceeds in U.S. Treasuries.

CVD Equipment Stock Down 8.4%

Shares of NASDAQ:CVV opened at $4.56 on Tuesday. The firm has a market cap of $31.65 million, a P/E ratio of -227.89 and a beta of 1.01. CVD Equipment has a 12 month low of $2.46 and a 12 month high of $6.25. The company’s 50-day moving average price is $4.29 and its two-hundred day moving average price is $3.78.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Wall Street Zen raised CVD Equipment to a “hold” rating in a report on Saturday, March 21st. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of CVD Equipment in a report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On CVD Equipment

Large investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its stake in shares of CVD Equipment by 5.2% during the third quarter. Dimensional Fund Advisors LP now owns 71,689 shares of the industrial products company’s stock valued at $241,000 after purchasing an additional 3,556 shares during the last quarter. Citadel Advisors LLC increased its holdings in shares of CVD Equipment by 93.6% in the third quarter. Citadel Advisors LLC now owns 41,382 shares of the industrial products company’s stock valued at $139,000 after purchasing an additional 20,011 shares in the last quarter. Finally, DRW Securities LLC bought a new position in CVD Equipment in the 4th quarter worth approximately $45,000. 31.59% of the stock is currently owned by institutional investors and hedge funds.

About CVD Equipment

CVD Equipment Corporation (NASDAQ: CVV) designs, manufactures and markets custom vacuum deposition systems used to create thin-film coatings and advanced materials for semiconductor, optoelectronic and related industries. Established in 1992 and headquartered in the United States, the company leverages proprietary chemical vapor deposition (CVD), plasma-enhanced CVD, metal-organic CVD (MOCVD), atomic layer deposition (ALD) and physical vapor deposition (PVD) technologies to support both research and production applications.

The company’s product portfolio includes single- and multi-chamber reactors for the deposition of silicon, III-V compounds, metal oxides and other specialty materials, along with fluid-bed reactors for nanoparticle synthesis.