CVD Equipment Provides Strategic Update and Reports Third Quarter 2026 Results
Business Wire•05/11/2026•17:00 ET
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Key Highlights
- ➤$23.5 million cash, no debt, after SDC divestiture proceeds
- ➤Revenue $1.6 million, down 72.1% year over year
- ➤Net loss from continuing operations $2.1 million, or $0.30 per share
- ➤CVD Equipment will stop pursuing new system orders and evaluate strategic alternatives
- ➤CBRE hired to market Central Islip and Saugerties properties for sale
Expert Statements
Lawrence J. Waldman, Chairman of the Board of CVD Equipment Corporation
“With a strengthened balance sheet resulting from our sale of the SDC business and no outstanding debt, the Board continues to evaluate strategic alternatives and pursue the disciplined monetization of the Company’s assets. The engagement of CBRE to market our Central Islip and Saugerties properties represents another important step in that process.”
Warren Cheesman, Acting Chief Executive Officer of CVD Equipment Corporation
“During the quarter, we took further actions to align our workforce and cost structure with the Company’s current operating requirements. We remain focused on completing the existing equipment backlog, satisfying warranty obligations, and supporting our ongoing spare parts, quartz, and services business.”
CVD Equipment Provides Strategic Update and Reports Third Quarter 2026 Results
CVD Equipment Corporation (NASDAQ: CVV) (the “Company”) today provided an update on its go-forward business strategy and reported its financial results for the third quarter ended September 30, 2026.
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