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CVD Equipment Posts $0.30 Q3 Loss Per Share as Revenue Falls 72.2%

Revenue totaled $1.58 million, while bookings were $0.7 million compared with $1 million.

By John Kim
Published
An unmarked steel cash box sits beside an empty balance pan / TokenPost.ai
An unmarked steel cash box sits beside an empty balance pan / TokenPost.ai

CVD Equipment Corporation posted a GAAP loss of $0.30 per share for the third quarter, as revenue fell 72.2% year over year to $1.58 million.

Bookings were $0.7 million, compared with $1 million.

At quarter-end, cash and cash equivalents totaled about $23.5 million, and the company had no debt outstanding.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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