CVD Equipment Q4 revenue $7.4M, net income $132k; FY net loss narrows to $1.9M

CVD EQUIPMENT CORP

Q4 revenue $7.4M, up 80.3% YoY; net income $132k ($0.02/share) vs loss $2.3M ($0.33) prior year.
Full-year revenue $26.9M (+11.5% YoY); net loss $1.9M ($0.28/share) vs $4.2M ($0.62) prior year.
Backlog at Dec 31, 2024: $19.4M; received $3.5M follow-on aerospace order for CVI 3500 system.
Recorded $1.3M non-cash charge to reduce PVT150 inventory to net realizable value; SiC market challenges remain.
Cash and equivalents $12.6M at year-end vs $14.0M a year ago; operating loss $2.4M for FY2024.

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