CVD Equipment Corp Q3 2023 Earnings Call Transcript - Thomson StreetEvents

CVD Equipment Corp Q3 2023 Earnings Call Transcript

CVD Equipment Corp Q3 2023 Earnings Call Transcript - Thomson StreetEvents
CVD Equipment Corp Q3 2023 Earnings Call Transcript
Published Nov 14, 2023
7 pages (3743 words) — Published Nov 14, 2023
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Abstract:

Edited Transcript of CVV.OQ earnings conference call or presentation 14-Nov-23 10:00pm GMT

  
Brief Excerpt:

...Operator Greetings, and thank you for standing by, and welcome to CVD Equipment Corporation's third-quarter fiscal year 2023 earnings call. As a reminder, this conference is being recorded. We will begin with some prepared remarks, followed by a question-and-answer session. Presenting on the call today will be Manny Lakios, President and CEO and a member of the CVD Board of Directors; and Rich Catalano, Executive Vice President and Chief Financial Officer. We have posted our earnings press release and call replay information to the investor relations section of our website at www.cvdequipment.com. Before we begin, I would like to remind you that many of the comments made on today's call contain forward-looking statements, including those related to future financial performance, market growth, total available market demand for our products, general business conditions, and outlook. These forward-looking statements are based on certain assumptions, expectations, and projections and are subject...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
CVD Equipment Corp
Ticker
CVV.OQ
Time
10:00pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Brett Reiss - Janney Montgomery Scott LLC - Analyst : Hi, Manny. Hi, Rich.

Question: Brett Reiss - Janney Montgomery Scott LLC - Analyst : Good. I'm good. The softness in the PVT orders, that means I guess your existing customer has decided not to expand. Do you have any idea why that is?

Question: Brett Reiss - Janney Montgomery Scott LLC - Analyst : Okay. I recall also with the PVTs that you were in discussions with a second potential customer. But the roadblock there -- then that second potential customer needed to do some sort of capital raise, which from my end, this is a bit of a challenging market in capital raises.

Question: Brett Reiss - Janney Montgomery Scott LLC - Analyst : Right.

Question: Brett Reiss - Janney Montgomery Scott LLC - Analyst : Right, right. In prepping for this call, I kind of perused to your website, which I see has been revamped and it looked very good. But in poking around your website, I see you guys are involved with wideband gap semiconductors and there seems to be a lot of military use for wideband gap semiconductors. With the state of the world being what it is, is that the potential business for you guys?

Question: Brett Reiss - Janney Montgomery Scott LLC - Analyst : Okay. Also, from your website, we're getting out of the Tantaline business, but we're still in the tantalum business when it comes to in our initiatives with implants?

Question: Brett Reiss - Janney Montgomery Scott LLC - Analyst : Okay. And one last thing, I didn't see any employment openings at CVD. Does that mean your head count right now for the existing level of business is kind of where you want to be, and what is the head count these days?

Question: Brett Reiss - Janney Montgomery Scott LLC - Analyst : Right, right. If interest rates are topping out and start to come down and therefore, cap rates in real estate come down, do you still have an appetite to sell and leaseback your existing facility for added working capital?

Question: Brett Reiss - Janney Montgomery Scott LLC - Analyst : Great. Great. Thank you for answering my questions and have a good Thanksgiving to both of you.

Question: Brett Reiss - Janney Montgomery Scott LLC - Analyst : Thank you, Sherry, and thank you to everyone for dialing in today. We appreciate your attendance on the call. As well, we appreciate your loyalty and also the loyalty of our employees and suppliers. If you have any further questions, feel free to reach out to myself or Rich. Happy Thanksgiving to all. And this concludes our third quarter call. Thank you.

Table Of Contents

CVD Equipment Corp Q4 2024 Earnings Call Transcript – 2025-03-19 – US$ 54.00 – Edited Transcript of CVV.OQ earnings conference call or presentation 19-Mar-25 9:00pm GMT

CVD Equipment Corp Q3 2024 Earnings Call Transcript – 2024-11-13 – US$ 54.00 – Edited Transcript of CVV.OQ earnings conference call or presentation 13-Nov-24 10:00pm GMT

CVD Equipment Corp Q2 2024 Earnings Call Transcript – 2024-08-13 – US$ 54.00 – Edited Transcript of CVV.OQ earnings conference call or presentation 13-Aug-24 9:00pm GMT

CVD Equipment Corp Annual Shareholders Meeting Transcript – 2024-08-09 – US$ 54.00 – Edited Transcript of CVV.OQ shareholder or annual meeting 9-Aug-24 2:00pm GMT

CVD Equipment Corp Q4 2023 Earnings Call Transcript – 2024-03-28 – US$ 54.00 – Edited Transcript of CVV.OQ earnings conference call or presentation 28-Mar-24 9:00pm GMT

CVD Equipment Corp Q2 2023 Earnings Call Transcript – 2023-08-14 – US$ 54.00 – Edited Transcript of CVV.OQ earnings conference call or presentation 14-Aug-23 9:00pm GMT

CVD Equipment Corp Annual Shareholders Meeting Transcript – 2023-07-13 – US$ 54.00 – Edited Transcript of CVV.OQ shareholder or annual meeting 13-Jul-23 2:00pm GMT

CVD Equipment Corp Q1 2023 Earnings Call Transcript – 2023-05-15 – US$ 54.00 – Edited Transcript of CVV.OQ earnings conference call or presentation 15-May-23 9:00pm GMT

CVD Equipment Corp Q4 2022 Earnings Call Transcript – 2023-03-27 – US$ 54.00 – Edited Transcript of CVV.OQ earnings conference call or presentation 27-Mar-23 9:00pm GMT

CVD Equipment Corp Q3 2022 Earnings Call Transcript – 2022-11-14 – US$ 54.00 – Edited Transcript of CVV.OQ earnings conference call or presentation 14-Nov-22 10:00pm GMT

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Thomson StreetEvents. "CVD Equipment Corp Q3 2023 Earnings Call Transcript" Nov 14, 2023. Alacra Store. May 21, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-CVD-Equipment-Corp-Earnings-Call-T15802294>
  
APA:
Thomson StreetEvents. (2023). CVD Equipment Corp Q3 2023 Earnings Call Transcript Nov 14, 2023. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-CVD-Equipment-Corp-Earnings-Call-T15802294>
  
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