CVD Equipment Corporation Reports 19.4% Revenue Decline, Net Loss of $1.1 Million in Q2 2025

Reuters
08/13
CVD Equipment Corporation Reports 19.4% Revenue Decline, Net Loss of $1.1 Million in <a href="https://laohu8.com/S/QTWO">Q2</a> 2025

CVD Equipment Corporation $(CVV)$ has announced its financial results for the second quarter ended June 30, 2025. The company reported a revenue of $5.1 million, marking a 19.4% decrease from the same quarter in the previous year. Despite this quarterly decline, year-to-date revenue increased by 19.2% to $13.4 million compared to the prior year period. The gross margin fell to 21.0% from 24.3% in the prior year quarter. The company reported a net loss of $1.1 million, compared to a net loss of $0.8 million in the previous year's second quarter. Cash and cash equivalents stood at $7.0 million as of June 30, 2025, down from $12.6 million at the end of 2024. Orders for the second quarter were reported at $4.5 million, driven mainly by demand in the SDC segment for gas delivery equipment. Orders for the first six months of 2025 totaled $7.3 million, a significant decrease from $16.9 million in the first half of 2024. Manny Lakios, President and CEO, noted the impact of proposed tariffs, reduced US government funding for universities, and a lag in product adoption as factors affecting the quarter's performance. The company is monitoring customer demand and geopolitical factors while managing expenses and headcount.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CVD Equipment Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250812098981) on August 12, 2025, and is solely responsible for the information contained therein.

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