secwatch.observer — SEC 8-K summary
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Issuer:     CVD EQUIPMENT CORP (CVV)
CIK:        0000766792
Form:       8-K
Filed at:   2024-11-13T23:59:59+00:00
Accession:  0001493152-24-045103
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CVD Equipment Q3 revenue $8.2M (+31% YoY); net income $0.2M vs loss $0.8M
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- Revenue $8.2M, up 31.4% YoY; net income $0.2M ($0.03 EPS) vs net loss $0.8M ($0.30 loss) prior year.
- Operating income $77K vs $1.0M operating loss; gross margin improved but offset by $1.0M PVT150 inventory writedown.
- Backlog $19.8M at Sep 30, 2024, down from $24.0M at Jun 30 but up from $18.4M at Dec 31, 2023.
- MesoScribe subsidiary ceased operations after final orders, booked $0.6M gain on equipment sale.
- Received $3.5M follow-on order for CVI/CVD3500 system from existing aerospace customer in early November.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/766792/000149315224045103/0001493152-24-045103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/766792/000149315224045103/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-045103

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer