WASHINGTON, DC 20549

                                    FORM 8-K

                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

         Date of report (Date of earliest event reported): May 15, 2008

                           CVD EQUIPMENT CORPORATION
             (Exact Name of Registrant as Specified in Its Charter)

                                    New York
         (State or Other Jurisdiction of Incorporation or Organization)

             1-16525                              11-2621692
           -----------                           ------------
     (Commission File Number)            (IRS Employer Identification No.)

                 1860 Smithtown Ave., Ronkonkoma, New York 11779
          (Address of Principal Executive Offices, Including Zip Code)

                                 (631) 981-7081
              (Registrant's Telephone Number, Including Area Code)

         (Former Name or Former Address, if Changed Since Last Report)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[_]  Written  communications  pursuant to Rule 425 under the  Securities Act (17
     CFR 230.425)

[_]  Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR

[_]  Pre-commencement   communications  pursuant  to  Rule  14d-2(b)  under  the
     Exchange Act (17 CFR 240.14d-2(b))

[_]  Pre-commencement   communications  pursuant  to  Rule  13e-4(c)  under  the
     Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition.

On May 15, 2008,  CVD  Equipment  Corporation  (the  "Registrant")  reported its
financial  results for the quarter  ended  March 31,  2008.  A copy of the press
release  issued  by the  Registrant  concerning  the  foregoing  information  is
furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

The information  contained herein and in the  accompanying  exhibit shall not be
incorporated by reference into any filing of the Registrant, whether made before
or after the date hereof,  regardless of any general  incorporation  language in
such filing, unless expressly incorporated by specific reference to such filing.
The  information  in this report,  including  the exhibit  hereto,  shall not be
deemed to be "filed" for purposes of Section 18 of the  Securities  Exchange Act
of 1934, as amended,  or otherwise subject to the liabilities of that section or
Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended.

Item 9.01 Financial Statements and Exhibits.

          (c) Exhibits.

99.1 Press Release dated May 15, 2008.


     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                       CVD EQUIPMENT CORPORATION

Date: May 16, 2008                     /s/ Leonard A. Rosenbaum
                                       Name: Leonard A. Rosenbaum
                                       Title: Chairman, President,
                                              Chief Executive Officer and
                                              Director (Principal Executive


Exhibit 99.1

        CVD Equipment Corporation Announces Record First Quarter Revenues

RONKONKOMA,  N.Y.,  (PR  Newswire)  - May 15,  2008 -  (Nasdaq:  CVV - News) CVD
Equipment  Corporation  today  announced  record first quarter  revenues and its
fourteenth consecutive profitable quarter.

Revenue  for  the  first  quarter  ending  March  31,  2008  was   approximately
$4,043,000,  compared to  $3,811,000  for the quarter  ending March 31, 2007, an
increase of 6.1% as we  continue  to  experience  an  increasing  demand for our
products. The overall gross profit percentage decreased to 30.1% for the current
quarter  compared to 33.0% for the same period one year ago.  The  decrease is a
result  of adding  engineering  and  production  personnel  necessitated  by the
increase in orders,  the expansion  plans with our First Nano Laboratory and our
new product  development in the Nanomaterials,  Solar,  Energy and Semiconductor
fields.  General and  administrative  expenses for the three months ending March
31, 2008 increased by  approximately  $259,000 or 33.5% primarily as a result of
having to expense $160,000 of additional workers' compensation contributions for
the years 2000 through the first  quarter of 2006. As a member of a self insured
trust  which  was found to be  underfunded  we are  liable  for our share of the
fund's shortfalls.  Due to our expansion, we also incurred increased payroll and
benefit costs,  stock-based  compensation and other professional fees during the
three months ended March 31, 2008.

As a result of the  aforementioned  increases  in costs our net  income  for the
current quarter was  approximately  $19,000 or $0.00 per share basic and diluted
compared to $96,000 or $0.03 per share basic and diluted for the quarter  ending
March 31, 2007

As of March 31, 2008 the  Company's  backlog  was  approximately  $3,364,000,  a
decrease of  $1,723,000  or 33.9%  compared to  $5,087,000 at December 31, 2007.
Timing for  completion  of the backlog  varies  depending  on the  product  mix,
however,  there  is  generally  a one to six  month  lag in the  completion  and
shipping of backlogged  product.  Backlog from quarter to quarter can vary based
on the timing of order placements and shipments.

Leonard  Rosenbaum,  President and Chief Executive  Officer stated,  "Our record
first quarter  revenues and quotation  activity show a strong  acceptance of our
equipment  platforms.   The  additional  sales,  engineering  and  manufacturing
expenditures we are currently  incurring will further broaden the First Nano and
CVD product lines. The First Nano Laboratory expansion will enable us to further
demonstrate  our new and  existing  equipment  platforms,  processes  and IP. In
addition, the programs we are developing with universities and industry for next
generation  products in the Nano  Technology,  Solar,  Energy and  Semiconductor
fields will provide for our long term continuous growth. These factors will keep
us on track with continued  revenue growth in 2008 and provide a steady increase
in revenue and profitability for future years."


CVD Equipment  Corporation,  is a global designer,  manufacturer and supplier of
equipment  for  use  in  manufacturing   semiconductors,   solar  cells,  carbon
nanotubes,  nanowires  and equipment  for surface  mounting of  components  onto
printed circuit boards.

Statements in this press release may be "forward-looking  statements" within the
meaning of the Private  Securities  Litigation Reform Act of 1995. Words such as
"anticipate," "believe," "estimate," "expect," "intend" and similar expressions,
as they  relate  to the  company  or its  management,  identify  forward-looking
statements.  These statements are based on current  expectations,  estimates and
projections about the company's  business based, in part, on assumptions made by
management.  These  statements  are not  guarantees  of future  performance  and
involve  risks,  uncertainties  and  assumptions  that are difficult to predict.
Therefore, actual outcomes and results may, and probably will, differ materially
from what is expressed or forecasted in such  forward-looking  statements due to
numerous factors, including those described above and those risks discussed from
time to time in CVD  Equipment  Corporation's  filings with the  Securities  and
Exchange Commission. In addition, such statements could be affected by risks and
uncertainties  related  to  product  demand,  market  and  customer  acceptance,
competition,  pricing and development difficulties,  as well as general industry
and market  conditions  and growth rates and general  economic  conditions.  Any
forward-looking statements speak only as of the date on which they are made, and
the company does not  undertake  any  obligation  to update any  forward-looking
statement to reflect  events or  circumstances  after the date of this  release.
Information on CVD Equipment Corporation's website does not constitute a part of
this release.

                            CVD Equipment Corporation
       Comparative Operating Results for the Three Months ended March 31,

                                                2008               2007
                                                ----               ----

Revenue                                     $4,043,000         $3,811,000
Cost of revenue                              2,826,000          2,555,000
                                            ----------         ----------
Gross profit                                 1,217,000          1,256,000

Operating expenses                           1,214,000          1,052,000
Net income                                      19,000             96,000
Net income
   Per share basic                               $0.00              $0.03
   Per share diluted                              0.00               0.03
Weighted average shares of
common stock outstanding
Basic                                        4,732,016          3,284,589
Diluted                                      4,766,245          3,413,792

For further information Contact:  CVD Equipment Corporation, Karen Hamberg,

Phone: 631-981-7081, Fax: 631-981-7095 or email: info@cvdequipment.com