CVD Equipment Q2 net income $1.5M vs loss; revenue up 8.5%; facility sale boosts cash >$18M

CVD EQUIPMENT CORP

2021-Q2 EPS reported -$0.01 revenue$7,400,268

Q2 revenue $4.0M (+8.5% YoY); net income $1.5M ($0.22 diluted EPS) vs loss of $1.1M in Q2 2020.
Gain on debt extinguishment of $2.4M from PPP loan contributed to Q2 profit.
Sold facility for $24.4M, netting ~$14M; cash now exceeds $18M.
Backlog improved to $8.0M at June 30, 2021, up from $6.0M at March 31, 2021.
Received first CVD system order for EV battery nano-materials in July 2021.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.