CVD Equipment (CVV) Lands a Multi-Million Dollar Deal; Apogee Enterprises (APOG) Profit Surprises Wall Street

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Shares of CVD Equipment Corp. (Nasdaq:CVV) soared over 20% in after-hours trading Wednesday as the company said that it has secured a deal valued at about $30 million to make fiber coating systems that will be installed in the customer’s new high volume facility.

CVV stock closed the regular session in positive territory by 0.58% (or +0.04) at $6.91 with a total volume of 22,608 shares traded during the day

CVD Equipment, a provider of chemical vapor deposition systems, has 6.22M Shares Outstanding, Market Capitalization (intraday) of $42.14M and CVV stock 52-week range is between $6.25 and $13.72 per share

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Apogee Enterprises, Inc. (Nasdaq:APOG) delivered in its financial results quarterly profit numbers above Wall Street analysts’ expectations, sending its shares up by more than 7% in the extended session Wednesday

For its first quarter fiscal 2017, Apogee posted revenues of $247.9 million, a 3% increase year over year, and net income of $17.72 million, or $0.61 per diluted share, compared to net income of $12.13 million, or $0.49 per diluted share in the same quarter the prior year, exceeding the Capital IQ Consensus Estimate of $0.49 earnings per share on revenues of $247.18 million for the period

The company raised its full-year fiscal 2017 earnings guidance to a range of $2.70 to $2.85 per share from the previously reported earnings guidance of $2.65 to $2.80 per share for the period

APOG stock finished at $41.50, down $1.83 (or -4.22%) and 542,199.00 of its shares changed hands on Wednesday

Apogee Enterprises, a leader in technologies involving the design and development of value-added glass products and services, has 28.79M Shares Outstanding, Market Capitalization (intraday) of $1.18B and APOG stock one-year range is from $33.67 to $61.05 per share

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