CVD Equipment Corporation, a provider of chemical vapour deposition systems and materials has announced its first quarter (Q1) 2019 financial results.
Q1 revenue was $3.5m compared to $9.2m in Q1 2018, a decrease of $5.7m or 62.0%.
Net loss for Q1 was $2.2m, or $0.33 per diluted share, compared to a net profit of $0.6m or $0.09 per diluted share in Q1 2018.
CVD received new orders of approximately $6.5m in Q1 and order backlog at 31st March was approximately $6m.
... to continue reading you must be subscribed
