CVD Equipment (CVV) Q2 FY26 earnings call

CVD Equipment completed a transformative divestiture of its SDC business, resulting in a significantly strengthened balance sheet with $23.5 million in cash and no long-term debt. The company is now focused on its core Advanced Material Process Equipment Group, having also completed operational restructuring to align costs. Despite these strategic moves, the company faces a challenging market with declining revenue and order levels, exacerbated by broader economic uncertainty and a customer bankruptcy.