CVD Equipment Q1 revenue $8.3M (+69% YoY); net income $360K vs loss a year ago

CVD EQUIPMENT CORP

2025-Q1 EPS reported $0.05 revenue$8,316,000

Revenue $8.3M, up 69% YoY; gross margin improved to 32.4% from 16.2%.
Net income $360K ($0.05/share) vs net loss $1.5M ($0.22/share) in Q1 2024.
Orders in quarter $2.8M; backlog fell to $13.8M from $19.4M at year-end.
Workforce reduction implemented; cites tariff uncertainty as new challenge.
Cash & equivalents $10.2M, down from $12.6M at Dec 31, 2024.

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