---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-041030"
form_type: "8-K"
ticker: "CVV"
cik: "0000766792"
company_name: "CVD EQUIPMENT CORP"
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T04:20:39.607722+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CVD Equipment Q3 revenue down 23% to $6.2M; net loss $0.8M vs prior-year profit

## Summary
- Revenue $6.2M, down 23.2% YoY; net loss $0.8M ($0.11 per share) vs net income $63k ($0.01) last year.
- Operating loss $1.0M; gross margin 25.6% vs 29.8% due to lower revenue and mix.
- Orders $4.1M, backlog $16.6M (down from $18.8M at June 30, 2023).
- Contract modification changed revenue recognition from point-in-time to over time, adding $0.8M to Q3 revenue.
- MesoScribe asset sale of $0.9M expected to close within three months; board added two directors.

## SEC filing metadata
- accession: 0001493152-23-041030
- form_type: 8-K
- ticker: CVV
- cik: 0000766792
- company_name: CVD EQUIPMENT CORP
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/766792/000149315223041030/0001493152-23-041030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/766792/000149315223041030/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-041030
- JSON: https://secwatch.observer/filing/0001493152-23-041030.json
- Plain text: https://secwatch.observer/filing/0001493152-23-041030.txt

## Key facts
- Earnings Releases
  CVD EQUIPMENT CORP reported for the third quarter ended September 30, 2023 results: revenue Revenue of $6.2 million, net income Net loss of $0.8 million, EPS $0.11 basic and diluted share.
  - Period: for the third quarter ended September 30, 2023
  - Revenue: Revenue of $6.2 million
  - Net income: Net loss of $0.8 million
  - EPS: $0.11 basic and diluted share
  - Result: reported results
  source text: to our ability to receive additional system orders and continue our efforts to reduce our overall operating costs.” Third Quarter 2023 Financial Performance ● Revenue of $6.2 million, down 23.2% as compared to the third quarter of 2022, primarily due to lower system revenues. ● Orders for the third quarter were $4.1 million driven by continued demand in the
  evidence_url: https://www.sec.gov/Archives/edgar/data/766792/000149315223041030/0001493152-23-041030-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.