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CVD Equipment’s revenues grow more than 50% year-on-year

What happened

CVD Equipment Corp reported Q4 2022 revenue of $7.2 million, a 53% year-on-year increase, bringing full-year 2022 revenue to $25.8 million, up 57% from 2021. This growth reflects strong demand for its semiconductor fabrication equipment, including CVD, PVD, and gas delivery systems. Watch: The significant revenue surge signals robust underlying demand for semiconductor manufacturing tools, which could tighten supply for key components and support equipment pricing.

Impact and signal

Medium impactImpact score: 60/100

Affected components and suppliers

CVD/PVD EquipmentGas Control Systems
CVD Equipment Corp
earningsrevenue-growthsemiconductor-equipment

Source and time

Source: Semiconductor Today · 4/3/2023 · View original source

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