CVD Equipment Stock Up Post Q3 Earnings on Revenue and Profit Growth

Shares of CVD Equipment Corporation (CVV) have gained 11.1% since the company reported its earnings for the quarter ended Sept. 30, 2024. This compares to the S&P 500 index’s -0.7% change over the same time frame. Over the past month, the stock moved -5% versus the S&P 500’s 2.1% change.In the third quarter of 2024, CVD Equipment reported revenues of $8.2 million, a 31.4% increase year over year. The increase in revenues was primarily driven by higher revenues from the CVD Equipment, SDC and CVD Materials s ...