CVD Equipment | 8-K: FY2025 Q3 Revenue: USD 7.408 M

Revenue: As of FY2025 Q3, the actual value is USD 7.408 M.

EPS: As of FY2025 Q3, the actual value is USD 0.06.

Segment Revenue

• Orders: $2.2 million for the quarter, primarily driven by demand in the SDC segment for gas delivery equipment.
• Revenue: $7.4 million, a decrease of 9.6% from the prior-year quarter. Year-to-date revenue of $20.8 million was 7.1% higher than the prior-year period.

Operational Metrics

• Gross Margin: 32.7% compared to 21.5% in the prior-year quarter, reflecting an improved contract mix in the CVD Equipment segment.
• Net Income: $384,000, or $0.06 per basic and diluted share, compared to $203,000 or $0.03 per basic and diluted share in the third quarter of 2024.
• Operating Income: $308,000 compared to $77,000 in the prior-year quarter.

Cash Flow

• Cash and Cash Equivalents: $8.4 million as of September 30, 2025, compared to $12.6 million as of December 31, 2024.

Unique Metrics

• Backlog: $8.0 million as of September 30, 2025, compared to $13.2 million as of June 30, 2025.

Outlook / Guidance

• The company announced strategic initiatives to drive improved operational efficiencies and achieve profitability, including transitioning to outsourced fabrication and reducing workforce in the CVD Equipment division, expected to reduce annual operating costs by approximately $2.0 million in fiscal 2026.
• Implementation of a revised sales strategy utilizing distributors and outside sales representatives to supplement internal sales efforts.
• Exploration of strategic alternatives for businesses and product lines, including potential sale or divestiture of assets or business lines.