CVD Equipment Q4 Profit Rises - Quick Facts
Monday, March 26, 2007; Posted: 04:58 PM
(RTTNews) - CVD Equipment Corp. (CVV | charts | news | PowerRating) announced that its fourth quarter net income was $239,000, up 285.5% from $62,000 in the same quarter of last year. Revenue for the fourth quarter of fiscal 2006 was approximately $3,398,000, up 14.5% from $2,967,000 in the year ago quarter.
The company announced that its net income for the current fiscal year was about $604,000 or $0.19 per share, compared to $391,000 or $0.12 per share for fiscal 2005. Revenue for the fiscal year ended December 31, 2006 was a record $13.36 million, compared to $11.23 million for the fiscal year 2005, representing an increase of $2,131,000 or 19.0%.
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