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CVD Equipment — Third Quarter 2026 Earnings Summary

CVD Equipment Corporation reported a net loss of $2.1 million from continuing operations for the third quarter of 2026, driven by $0.8 million in restructuring charges and a 72.1% decline in revenue. The company announced it will no longer pursue new system orders for its CVD Equipment business and has reduced its workforce to align with completing the remaining equipment backlog. Financially, the company ended the quarter with $23.5 million in cash and no outstanding debt, following a $14.1 million net gain from the sale of its SDC business in the second quarter. Additionally, CBRE has been engaged to market the company's owned real estate properties in Central Islip and Saugerties, New York, for sale.

Company
CVD EQUIPMENT CORP
Sector
Industrials
Industry
Specialty Industrial Machinery