CVD Equipment Q3 Revenue $6.2M, Down 23.2% YoY; EPS $(0.11)
Portfolio Pulse from Benzinga Newsdesk
CVD Equipment Corporation reported a decrease in Q3 revenue to $6.2M, which is down by 23.2% compared to the same period last year. The company also reported a loss per share of $(0.11).
November 14, 2023 | 9:12 pm
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CVD Equipment Corporation (CVV) experienced a significant decline in Q3 revenue and reported a loss per share, indicating potential challenges in its financial performance.
The reported decrease in revenue and the loss per share are strong indicators of a company's underperformance, which can lead to a negative investor sentiment and a potential decrease in stock price in the short term.
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