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CVD Equipment Corporation

CVD Equipment Corporation, together with its subsidiaries, engages in the design, development, manufacture, and sale of equipment to develop and manufacture materials and coatings in the United States, North America, Europe, the Middle East, Europe, Africa, and the Asia Pacific. The company operates through three segments: CVD Equipment, Stainless Design Concepts, and MesoScribe. The CVD Equipment segment offers chemical vapor deposition, physical vapor transport, and thermal process equipment under the FirstNano brand for various markets, such as high power electronics, aerospace advanced materials for gas turbine jet engines, and nanomaterials used in batteries, as well as semiconductors, LEDs, carbon nanotubes, nanowires, solar cells, and other industrial and research applications. The Stainless Design Concepts segment provides ultra-high purity gas and chemical delivery control systems for semiconductor fabrication processes, aerospace, solar cells, LEDs, carbon nanotubes, nanowires, and industrial applications. The MesoScribe segment offers products related to advanced materials and coatings, such as MesoPlasma printing services and products comprising heaters, antennas, and sensors. It also provides annealing, diffusion, and low-pressure chemical vapor deposition furnaces; purity gas and liquid control systems; rapid thermal processing; and standard and custom fabricated quartzware used in its equipment and other customer tools. The company serves aerospace, compound semiconductor, semiconductor, aerospace, battery energy storage, advanced industrial applications, and research markets. CVD Equipment Corporation was incorporated in 1982 and is headquartered in Central Islip, New York.

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CVV

CVD Equipment Stock Rises After Q2 Earnings Despite Revenue Fall

CVD Equipment Corporation shares gained 3.3% since reporting second-quarter 2026 earnings, outperforming the S&P 500's 0.7% rise. Revenue from continuing operations fell 42.6% to $1.9 million, with a loss from continuing operations of 20 cents per share. Including discontinued operations, net income was $12.6 million, or $1.81 per share, largely reflecting the $17.4 million sale of its SDC division completed April 1. Cash and cash equivalents rose to $23.5 million from $8.7 million at the end of 2025, and the company had no long-term debt. CEO Emmanuel Lakios said the operational restructuring is substantially complete and expected to materially lower fixed operating costs.
Zacks Investment Research·9dRead more ▾
CVV

CVD Equipment ends Q2 with $23.5M cash after SDC sale

CVD Equipment Corporation completed the sale of its SDC business on April 1, 2026, leaving it with approximately $23.5 million in cash and cash equivalents and no long-term debt. Second quarter revenue from continuing operations fell to about $2 million from $3.4 million a year earlier, while orders totaled roughly $1.2 million and backlog stood at $3.9 million at June 30, 2026. The company posted an operating loss from continuing operations of about $1.6 million and a net loss from continuing operations of approximately $1.4 million, or $0.20 per share, compared with a net loss of $1.3 million, or $0.19 per share, in the prior-year quarter. Net income from discontinued operations was approximately $13.9 million, reflecting the gain on the SDC divestiture, bringing total income for the quarter to about $12.6 million, or $1.81 per share. Management also disclosed that after quarter end, the customer associated with a $0.8 million system order received in Q2 filed a prepackaged Chapter 11 bankruptcy proceeding, and the company is evaluating the potential impact on that order, backlog, financial results, financial position, and cash flows.
Seeking Alpha·14dRead more ▾
Semiconductors

Global Chemical Vapor Deposition Market Projected to Reach $69.19 Billion by 2030

The global chemical vapor deposition market is projected to grow from $42.33 billion in 2025 to $69.19 billion by 2030, at a compound annual growth rate of 10.2%. The market is expected to reach $46.93 billion in 2026, driven by semiconductor manufacturing expansion, increased thin-film coating usage, and rising solar energy investments. Key trends include growing adoption of plasma-enhanced CVD systems and atomic layer deposition techniques, with Asia-Pacific leading the market and North America poised as the fastest-growing region. Major players such as CVD Equipment Corporation, Tokyo Electron Limited, and Veeco Instruments are advancing the market through innovations like Kyocera's new CVD coating materials and strategic acquisitions including Veeco's purchase of Epiluvac AB for $30 million.
GlobeNewswire·51dRead more ▾