CVD Equipment Corporation reported its financial results for the first quarter ended March 31, 2025. The company achieved a revenue of $8.3 million, marking an increase of 69.0% compared to the same quarter in the previous year, and a 12.2% rise from the fourth quarter of 2024. This growth was primarily driven by higher system revenues and increased sales of parts and spares within the CVD Equipment segment. The gross profit margin improved to 32.4% from 16.2% in the prior year quarter, attributed to overall higher revenues, better absorption of overhead, and improved margins on ongoing contracts. CVD Equipment Corporation recorded an operating income of $269,000 and a net income of $360,000, translating to $0.05 per basic and diluted share. This is a significant turnaround from the net loss of $1.5 million, or $(0.22) per share, reported in the first quarter of the previous year. Additionally, the company disclosed cash and cash equivalents of $10.2 million as of March 31, 2025, compared to $12.6 million at the end of December 2024. Orders for the first quarter totaled $2.8 million, largely generated by the SDC segment. In early April 2025, CVD Equipment secured a $1.2 million semiconductor system order in its CVD Equipment segment. In response to current customer demand, the company implemented a plan to reduce operating costs during the quarter, which included a workforce reduction. CVD Equipment Corporation continues to assess product demand and explore further opportunities to decrease operating expenses.