CVD Equipment Earnings Calls

Q4 2024 (Upcoming)
Release date Mar 27, 2025
EPS estimate -
EPS actual -
Revenue estimate -
Revenue actual -
Expected change +/- 5.94%
Q3 2024
Release date Nov 13, 2024
EPS estimate -
EPS actual $0.0300
Revenue estimate -
Revenue actual 8.194M
Q2 2024
Release date Aug 13, 2024
EPS estimate -
EPS actual -$0.110
Revenue estimate -
Revenue actual 6.345M
Q1 2024
Release date May 13, 2024
EPS estimate -
EPS actual -$0.220
Revenue estimate -
Revenue actual 4.922M

Last 4 Quarters for CVD Equipment

Below you can see how CVV performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.

Q1 2024
Release date May 13, 2024
Fiscal end date Mar 31, 2024
Price on release $5.05
EPS estimate -
EPS actual -$0.220
Date Price
May 07, 2024 $4.72
May 08, 2024 $4.71
May 09, 2024 $4.68
May 10, 2024 $4.83
May 13, 2024 $5.05
May 14, 2024 $4.53
May 15, 2024 $4.53
May 16, 2024 $4.60
May 17, 2024 $4.40
4 days before 6.89%
4 days after -12.78%
On release day -10.26%
Change in period -6.78%
Q2 2024
Release date Aug 13, 2024
Fiscal end date Jun 30, 2024
Price on release $3.74
EPS estimate -
EPS actual -$0.110
Date Price
Aug 07, 2024 $3.54
Aug 08, 2024 $3.55
Aug 09, 2024 $3.54
Aug 12, 2024 $3.51
Aug 13, 2024 $3.74
Aug 14, 2024 $3.62
Aug 15, 2024 $3.65
Aug 16, 2024 $3.67
Aug 19, 2024 $3.72
4 days before 5.65%
4 days after -0.535%
On release day -3.08%
Change in period 5.08%
Q3 2024
Release date Nov 13, 2024
Fiscal end date Sep 30, 2024
Price on release $2.77
EPS estimate -
EPS actual $0.0300
Date Price
Nov 07, 2024 $2.84
Nov 08, 2024 $2.82
Nov 11, 2024 $2.89
Nov 12, 2024 $2.88
Nov 13, 2024 $2.77
Nov 14, 2024 $3.19
Nov 15, 2024 $2.91
Nov 18, 2024 $3.12
Nov 19, 2024 $3.05
4 days before -2.46%
4 days after 10.19%
On release day 15.16%
Change in period 7.48%
Q4 2024 (Upcoming)
Release date Mar 27, 2025
Fiscal end date Dec 30, 2024
Price on release -
EPS estimate -
EPS actual -
Date Price
Feb 07, 2025 $3.58
Feb 10, 2025 $3.89
Feb 11, 2025 $3.69
Feb 12, 2025 $3.67
Feb 13, 2025 $3.58

CVD Equipment Earnings Call Transcript Summary of Q3 2024

  • Year-to-date revenue is $19.5 million, down 2.8% compared to the same period in 2023.
    • Orders: Total orders in Q3 amounted to $4.1 million. Year-to-date orders reached $21 million, slightly up from $19.9 million in the same period in 2023.
    • Operating Performance: Operating income for Q3 was $77,000, compared to a loss of $1 million in Q3 2023. The net income for the quarter was $209,000, or $0.03 per share, improving from a net loss of $753,000 or $0.30 per share in Q3 2023.
    • Backlog: As of September 30, 2024, the backlog stands at $19.8 million, reflecting a 7.6% increase from the previous year-end.
Business Highlights:
  • Product Sales: The company successfully shipped a PVT200 system during the quarter, indicating progress in growth for the silicon carbide 200mm crystal boule product line.
  • Sector Performance: There is ongoing recovery noted in the aerospace and defense market. A notable $3.5 million follow-on order was received from an aerospace customer in early November.
  • Inventory Challenges: A non-cash inventory charge of approximately $1 million was recorded for the PVT150 systems due to market overcapacity. The company acknowledges this transition phase as the market shifts towards 200mm production.
  • MesoScribe Operations: The MesoScribe subsidiary operations were officially ceased by September 30, 2024, following the fulfillment of final orders. The sale of equipment related to MesoScribe generated a gain of $0.6 million.
Management's Focus:
  • The management remains committed to pursuing growth and profitability by establishing critical customer relationships, managing cash flow, and controlling costs amidst fluctuating order levels.
  • They indicated confidence in their capacity to meet working capital and capital expenditure needs for the next 12 months.
Investor Considerations:
  • The positive results reflect a significant rebound in operating income and net profitability despite market challenges, specifically in the 150mm silicon carbide segment.
  • Investors may note the increasing demand in aerospace and electric vehicle sectors as potential growth drivers for the company in the future.
  • Future results could be impacted by external factors such as inflation, market demand for products, and the timing of revenue recognition based on customer orders.

CVD Equipment Earnings History

Earnings Calendar

FAQ

When is the earnings report for CVV?
CVD Equipment Corporation (CVV) has scheduled its earnings report for Mar 27, 2025 before the markets open.

What is the CVV price-to-earnings (P/E) ratio?
CVV P/E ratio as of Feb 13, 2025 (TTM) is -5.82.

What is the CVV EPS forecast?
The forecasted EPS (Earnings Per Share) for CVD Equipment Corporation (CVV) for the first fiscal quarter 2024 is $.

What are CVD Equipment Corporation's retained earnings?
On its balance sheet, CVD Equipment Corporation reported retained earnings of $8.19 million for the latest quarter ending Sep 30, 2024.

What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.

Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.

What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
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ABOUT CVD EQUIPMENT CORPORATION
CVD Equipment
CVD Equipment Corporation, together with its subsidiaries, designs, develops, manufactures, and sells process equipment and solutions that are used to develop and manufacture materials and coatings for research and industrial applications in the United States. It operates through three segments: CVD, SDC, and CVD Materials. The company offers chemical vapor deposition systems for use in the research, development, and manufacture of aerospace, med...
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