CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV) (the “Company”) today announced a restructuring plan and leadership transition, following a thorough evaluation of strategic alternatives for its CVD equipment business by its Board of Directors (the “Board”). The restructuring plan includes: The Company will no longer pursue new system orders for its CVD equipment bu...
CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV) (the “Company”) today reported its financial results for the second quarter ended June 30, 2026. Highlights Completed sale of SDC division on April 1, 2026 for $17.4 million. Generated net cash proceeds of approximately $15.0 million from the transaction after transaction costs and estimated tax payments to be made in...
CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV) (the “Company”) today reported financial results for the first quarter ended March 31, 2026. As previously announced, the Company entered into an asset purchase agreement with a buyer to sell its SDC business division on March 23, 2026. This transaction was completed on April 1, 2026, whereby substantially all the bus...
CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), a leading provider of chemical vapor deposition and thermal process equipment, today announced that it will release its financial results for the first quarter ended March 31, 2026 after the market close on Thursday, May 14, 2026. The Company will hold a conference call to discuss its results at 5:00 p.m. (Eastern Ti...
CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV), today announced the successful growth of single crystal silicon carbide (SiC) boules grown on CVD Equipment (CVDE) Physical Vapor Transport (PVT) Systems and characterized by Stony Brook University (SBU) in support of their new semiconductor research center “onsemi Research Center for Wide Bandgap Materials”. The SiC...
CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV) (“CVD” or the “Company”) today announced that it has completed the sale of the Company's Stainless Design Concepts (“SDC”) business division. The previously announced transaction was completed for a purchase price of approximately $16.9 million in cash, subject to certain purchase price adjustments. CVD expects to use...
CENTRAL ISLIP, N.Y.--(BUSINESS WIRE)--CVD Equipment Corporation (NASDAQ: CVV) (the “Company”) today reported financial results for the fourth quarter and fiscal year ended December 31, 2025. Fourth Quarter 2025 Performance Orders: $3.5 million, driven primarily by demand in our SDC business division for gas delivery equipment and the receipt of orders for two PVT 150 units from Stony Brook Univ...
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