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CVD Equipment (CVD Equipment) Net Income : $-4.18 Mil (TTM As of Dec. 2023)


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What is CVD Equipment Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. CVD Equipment's Net Income for the three months ended in Dec. 2023 was $-2.27 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-4.18 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. CVD Equipment's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.33.


CVD Equipment Net Income Historical Data

The historical data trend for CVD Equipment's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CVD Equipment Net Income Chart

CVD Equipment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.33 -6.08 4.75 -0.22 -4.18

CVD Equipment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.55 -0.04 -1.11 -0.75 -2.27

CVD Equipment Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

CVD Equipment's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-4.194+0.014+0+0
=-4.18

CVD Equipment's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-2.299+0.025+0+0
=-2.27

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.18 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CVD Equipment  (NAS:CVV) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

CVD Equipment's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


CVD Equipment Net Income Related Terms

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CVD Equipment (CVD Equipment) Business Description

Traded in Other Exchanges
Address
355 South Technology Drive, Central Islip, NY, USA, 11722
CVD Equipment Corp is engaged in the manufacturing of chemical vapor deposition equipment, customized gas control systems, the manufacturing of process equipment suitable for the synthesis of a variety of one-dimensional nanostructures and nanomaterials and a line of furnaces, all of which are used to produce semiconductors and other electronic components. The company operates through the segments of CVD Equipment, CVD materials, and Stainless Design Concepts (SDC). It generates maximum revenue from the CVD Equipment segment. The CVD Equipment segment manufactures and sells chemical vapor deposition, physical vapor transport, and similar equipment.
Executives
Andrew Africk 10 percent owner
Ashraf Wagih Lotfi director C/O CVD EQUIPMENT CORPORATION, 355 S. TECHNOLOGY DRIVE, CENTRAL ISLIP NY 11722
Lawrence Waldman director 5115 ULMERTON RD., CLEARWATER FL 33770
Raymond A Nielsen director BRIDGE BANCORP INC, 2200 MONTAUK HIGHWAY, BRIDGEHAMPTON NY 11932
Gunther Conrad J Jr director 249 JENNINGS ROAD, COLD SPRING HARBOR NY 11724
Debra Ann Wasser director C/O CVD EQUIPMENT CORPORATION, 355 S. TECHNOLOGY DRIVE, CENTRAL ISLIP NY 11722
Brill Dr Robert M director NEW LIGHT MANAGEMENT LLC, 500 N BROADWAY SUITE 144, JERICHO NY 11753
Warren David Cheesman officer: Vice President-Manufacturing 389 WOODBRIDGE ROAD, ROCKVILLE CENTRE NY 11570
Ada Partners, L.p. 10 percent owner 111 WEST 67TH STREET, 21ST FLOOR, NEW YORK NY 10023
Richard Andrew Catalano officer: Chief Financial Officer 82 WHITEHALL BLVD, GARDEN CITY NY 11530
Maxim S. Shatalov officer: Vice President-Engineering 94 CHESTNUT STREET, MOUNT SINAI NY 11766
Kevin Richard Collins officer: VP & GM (SDC) 1117 OLD KINGS HIGHWAY, SAUGERTIES NY 12477
Emmanuel N Lakios officer: President & CEO 355 SOUTH TECHNOLOGY DRIVE, CENTRAL ISLIP NY 11722
Jeffrey Alan Brogan officer: VP Sales & Marketing 3 SOUNDVIEW CT., STONY BROOK NY 11790
Leonard A Rosenbaum director, officer: CEO, President C/O CVD EQUIPMENT CORPORATION, 355 SOUTH TECHNOLOGY DRIVE, CENTRAL ISLIP NY 11722