CVD Equipment Corporation Reports Fourth Quarter and Fiscal Year 2024 Financial Results
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CVD Equipment Corporation reported a significant increase in revenue for Q4 2024, with an 80.3% rise compared to the previous year. The company's backlog also grew to $19.4 million, up from $18.4 million at the end of 2023.
March 19, 2025 | 8:15 pm
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CVD Equipment Corporation reported an 80.3% increase in Q4 2024 revenue and a higher backlog, indicating strong business performance.
The significant increase in revenue and backlog suggests strong demand for CVD's products and services, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100