CVD Equipment Q4 EPS $(0.33) Down From $0.23 YoY, Sales $4.11M Down From $7.23M YoY
Portfolio Pulse from Benzinga Newsdesk
CVD Equipment (NASDAQ:CVV) reported a significant decrease in both earnings and sales for Q4, with EPS at $(0.33), down from $0.23 YoY, and sales at $4.11M, down from $7.23M YoY.
March 28, 2024 | 8:01 pm
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CVD Equipment reported a significant decrease in Q4 earnings and sales, with EPS falling to $(0.33) from $0.23 YoY, and sales decreasing to $4.11M from $7.23M YoY.
The reported decrease in both earnings per share (EPS) and sales for CVD Equipment indicates a significant underperformance compared to the previous year. This negative financial performance is likely to impact investor sentiment negatively, leading to a potential decrease in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100