Cvd Equipment Corp. (CVV)
NASDAQ:CVV
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Earnings Data
Report Date
Aug 17, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.15Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call highlighted a meaningful strategic positive (the SDC divestiture) that materially strengthened liquidity (net proceeds $14.8M, pro forma cash ~$23M) and a clear cost-reduction plan (expected $1.8M annual savings). However, the continuing CVD Equipment business is experiencing severe near-term weakness: revenue plunged 70.9% YoY, gross margin compressed to 8%, operating losses widened, and order flow remains soft and influenced by external headwinds and customer concentration. While the balance sheet improvement provides runway to execute the transformation and evaluate strategic alternatives, the operational trends are substantially negative in the near term.Company Guidance
SDC Divestiture Strengthened Balance Sheet
Sold SDC to Atlas Copco for approximately $16.9M (subject to adjustments); net cash proceeds received in April 2026 were $14.8M (after transaction costs and employee-related liabilities). Immediately following the sale the company had approximately $23M in cash and no long-term debt. An additional $900k was placed in escrow and net proceeds have been invested in short-term treasury securities.
Planned Cost Reductions and Transformation Actions
Transformation plan includes outsourcing certain fabrication, revised sales approach using distributors, and other strategic alternatives. Workforce reduction in the CVD Equipment division (implemented in Q4) is expected to reduce annual operating costs by approximately $1.8M in 2026.
Improved Liquidity and Working Capital
Working capital improved to $12.8M at March 31, 2026 and increased further after the SDC sale. Cash and cash equivalents were $8.2M at March 31, 2026 prior to the sale; the sale proceeds materially bolstered liquidity and were invested in short-term treasuries to preserve capital.
Backlog Stability and Ongoing Orders
Orders in Q1 totaled $1.8M (driven primarily by spare parts) and backlog was $4.7M at March 31, 2026, essentially flat vs December 31, 2025, indicating retained customer commitments despite near-term softness.
One-Time Contract Benefit to Gross Profit
Gross profit during the quarter benefited by approximately $317,000 from a contract modification with a customer, helping to partially offset the impact of lower revenue levels.
CVV Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CVV Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2026 | $6.85 | $5.20 | -24.09% |
Mar 30, 2026 | $4.56 | $4.14 | -9.21% |
Nov 10, 2025 | $3.44 | $3.22 | -6.40% |
Aug 12, 2025 | $3.16 | $2.93 | -7.28% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Cvd Equipment Corp. (CVV) report earnings?
Cvd Equipment Corp. (CVV) is schdueled to report earning on Aug 17, 2026, After Close (Confirmed).
What is Cvd Equipment Corp. (CVV) earnings time?
Cvd Equipment Corp. (CVV) earnings time is at Aug 17, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is CVV EPS forecast?
Currently, no data Available