Leonard A. Rosenbaum, president and CEO of CVD Equipment Corp.,...

Leonard A. Rosenbaum, president and CEO of CVD Equipment Corp., seen on Aug. 9, 2011. Credit: Heather Walsh

CVD Equipment Corp., a maker of equipment used to create materials and coatings used in the aerospace, healthcare and semiconductor industries, Tuesday reported “record” third quarter revenue and earnings.

The Central Islip company reported revenue of $10.8 million, more than double its revenue in the 2016 quarter. The company swung to net income of $1.4 million, or 22 cents per diluted share, from a loss of $85,000, or 1 cent per diluted share, in the year-earlier quarter.

“Building on the last two quarters, CVD delivered an exceptional quarter with record revenue and earnings,” CVD president and chief executive Leonard Rosenbaum said in a statement.

In October, the company said it is buying a 180,000-square-foot facility near its headquarters for $13.9 million as part of an expansion plan for its anti-corrosion coatings business.

The company had 173 employees as of Dec. 31, it previously reported.

Move over law reminder … Day 2 of Trump trial … WNBA draft Credit: Newsday

Updated 18 minutes ago Diller case in court ... Move over law reminder ... More chemical drums found ... Isles sign LI native

Move over law reminder … Day 2 of Trump trial … WNBA draft Credit: Newsday

Updated 18 minutes ago Diller case in court ... Move over law reminder ... More chemical drums found ... Isles sign LI native

Latest Videos

Newsday LogoSUBSCRIBEUnlimited Digital AccessOnly 25¢for 5 months
ACT NOWSALE ENDS SOON | CANCEL ANYTIME