--- title: "Why Is CVD Equipment (CVV) Stock Down Over 17% After Hours Today?" type: "News" locale: "en" url: "https://longbridge.com/en/news/286521552.md" description: "CVD Equipment (CVV) shares dropped 17.66% in after-hours trading following a significant revenue decline of 70.9% year-over-year to $1.8 million and a net loss of $1.7 million. Despite completing the sale of its SDC division, which improved its balance sheet with $23 million in cash, the company faces ongoing challenges from geopolitical uncertainties and reduced funding. Orders increased to $1.8 million, but bookings remain under pressure. The stock has seen a 163% gain over the past year despite the recent decline." datetime: "2026-05-15T06:37:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286521552.md) - [en](https://longbridge.com/en/news/286521552.md) - [zh-HK](https://longbridge.com/zh-HK/news/286521552.md) --- # Why Is CVD Equipment (CVV) Stock Down Over 17% After Hours Today? **CVD Equipment ( CVV )** shares fell 17.66% in after-hours trading Thursday after the company reported a steep revenue decline and wider quarterly losses despite completing the sale of its SDC division. CVD Equipment ( CVV ) develops chemical vapor deposition and thermal process equipment used across aerospace, defense, electric vehicle and semiconductor-related industries. ## Revenue Declines, Losses Widen First-quarter 2026 revenue fell 70.9% year-over-year to $1.8 million as lower system bookings weighed on results. Gross margin declined to 8% from 27.4% a year earlier. The company reported a net loss from continuing operations of $1.7 million, or 25 cents per share, compared with a loss of $229,000, or 3 cents per share, in the prior-year quarter. Orders increased to $1.8 million from $800,000, driven by higher spare parts demand, though management said bookings continued facing pressure from geopolitical uncertainty, lower U.S. university funding and slower adoption across some end markets. **CEO Manny Lakios** said the company continues evaluating strategic opportunities following the previously announced sale of its SDC division. **Read Also: Why Is GAMB Stock Down Over 25% After Hours Today?** ## Balance Sheet Improves CVD Equipment ( CVV ) completed the sale of the SDC business on April 1, generating net cash proceeds of approximately $14.8 million. The company said it now holds roughly $23 million in cash and carries no long-term debt. Management also said a previously announced workforce reduction tied to outsourcing certain fabrication operations is expected to lower annual operating costs by about $1.8 million in fiscal 2026. ## Trading Metrics, Technical Analysis CVD Equipment ( CVV ) has a market capitalization of approximately $47.5 million, with a 52-week high of $8.46 and a low of $2.46. The stock has gained more than 163% over the past 12 months despite the after-hours decline. **Benzinga’s Edge Stock Rankings** indicate that CVV shares currently maintain positive short, medium and long-term price trends.
**Disclaimer:** This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. **Read Also: RBC Bearings, Applied Materials And 3 Stocks To Watch Heading Into Friday** _Photo Courtesy: Who is Danny on Shutterstock.com_ ### Related Stocks - [CVV.US](https://longbridge.com/en/quote/CVV.US.md) - [GAMB.US](https://longbridge.com/en/quote/GAMB.US.md) - [RBC.US](https://longbridge.com/en/quote/RBC.US.md) - [AMAT.US](https://longbridge.com/en/quote/AMAT.US.md) ## Related News & Research - [CVD Equipment Corporation Reports First Quarter 2026 Results | CVV Stock News](https://longbridge.com/en/news/286458836.md) - [3 energy stocks that are quietly becoming the trades of the year](https://longbridge.com/en/news/286790976.md) - [European Undervalued Small Caps With Insider Action For May 2026](https://longbridge.com/en/news/286721352.md) - [Oil, Iran, and markets: Octa brand on how traders navigate geopolitical whiplash](https://longbridge.com/en/news/286948535.md) - [Undiscovered Gems in Europe for May 2026](https://longbridge.com/en/news/286722063.md)