semiconductor tools maker CVD Equipment Q3 revenue falls

Reuters
Nov 11, 2025
semiconductor tools maker CVD Equipment Q3 revenue falls

Overview

  • CVD Equipment Q3 revenue decreases 9.6% yr/yr due to MesoScribe operations cessation

  • Net income for Q3 rises to $384,000 from $203,000 in prior-year quarter

  • Company announces strategic initiatives to improve operational efficiencies

Outlook

  • Company to reduce annual operating costs by $2.0 mln in fiscal 2026

  • CVD Equipment to outsource fabrication of certain components

  • Company exploring strategic alternatives including potential asset sales

Result Drivers

  • SDC SEGMENT DEMAND - Orders driven by demand in SDC segment for gas delivery equipment

  • MESOSCRIBE IMPACT - Revenue decline attributed to cessation of MesoScribe operations

  • IMPROVED MARGINS - Gross margin increased due to improved contract mix in CVD Equipment segment

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

$7.41 mln

Q3 EPS

$0.06

Q3 Net Income

$384,000

Q3 Gross Profit

$2.42 mln

Q3 Operating Expenses

$2.11 mln

Q3 Operating Income

$308,000

Press Release: ID:nBw7Y4nnta

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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