CPS Technologies

CPS Technologies Corp. engages in the provision of advanced material solutions to the transportation, automotive, energy, computing or Internet, telecommunications, aerospace, defense, and oil and gas end markets. The firm focuses on the design, manufacture, and sale of custom metal matrix composite components. It also assembles housings and packages for hybrid circuit. The company was founded in 1984 and is headquartered in Norton, MA.

Earnings data Q1 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

CPS Technologies Corporation (CPSH) Q4 2023 Earnings Call Transcript

Finished Year with Record Top Line Results; Large Pipeline of Opportunities for 2024 & Beyond Finished Year with Record Top Line Results; Large Pipeline of Opportunities for 2024 & Beyond

CPS Technologies Corporation Announces Fourth Quarter 2023 Financial Results

NORTON, Mass., March 04, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced it has received an award from the Massachusetts Manufacturing Accelerate Program (“MMAP”) in response to a proposal submitted by the Company in the fourth quarter of 2023. The award, valued at $200,000, will support the purchase of a 5-axis CNC machine and expand the Company's manufacturing capabilities to better serve its clients.

CPS Technologies Announces MMAP Award

NORTON, Mass., March 01, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (Nasdaq:CPSH) today released instructions for its fourth quarter 2023 investor conference call which will be held on Thursday March 7, 2024 at 9:00 A.M. (Eastern). Brian Mackey, President and CEO and Chuck Griffith, Chief Financial Officer will discuss the Company's financial results for the quarter ended December 30, 2023.

CPS Technologies Corp. Conference Call Notification

NORTON, Mass., Nov. 28, 2023 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced that it will participate in the Virtual Investor Summit conference, open to institutional investors, on December 7. A general presentation, to be webcast live, will be held at 10:00 am Eastern.

CPS Technologies Corporation to Participate in Virtual Investor Summit on December 7, 2023

CPS Technologies Corporation (NASDAQ:CPSH ) Q3 2023 Results Conference Call November 2, 2023 9:00 AM ET Company Participants Chuck Griffith - CFO Brian Mackey - President and CEO Chris Witty - IR Conference Call Participants Greg Weaver - Invicta Capital Operator Good day, everyone, and welcome to the CPS Technologies Third Quarter 2023 Earnings Call. [Operator Instructions] It is now my pleasure to turn the floor over to your host, Chuck Griffith, Chief Financial Officer of CPS Technologies.

CPS Technologies Corporation (CPSH) Q3 2023 Earnings Call Transcript

NORTON, Mass., Nov. 01, 2023 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced financial results for the fiscal third quarter ended September 30, 2023.

CPS Technologies Corporation Announces Third Quarter 2023 Financial Results

NORTON, Mass., Sept. 19, 2023 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced that it has received a phase I SBIR award, valued at approximately $200,000, from the U.S. Department of Energy, its first such grant from this agency.

CPS Technologies Receives SBIR Award

NORTON, Mass., Sept. 05, 2023 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced that it has received an award, valued at approximately $7.7 million, from a major, longstanding customer to provide power module components and related solutions.

CPS Technologies Receives $7.7 Million Award

CPS Technologies Corporation (NASDAQ:CPSH ) Q2 2023 Earnings Conference Call August 3, 2023 9:00 AM ET Company Participants Charles Griffith - Acting President and Chief Financial Officer Chris Witty - Investor Relations Brian Mackey - Incoming President and Chief Executive Officer Anthony Koski - Corporate Development Officer Conference Call Participants Operator Good day, and welcome to the CPS Technologies Second Quarter 2023 Earnings Call. At this time all participants have been on a listen-only mode.

CPS Technologies Corporation (CPSH) Q2 2023 Earnings Call Transcript

Record Revenue of $7.4 Million; Strong Outlook Continues; New CEO Poised to Take Helm Record Revenue of $7.4 Million; Strong Outlook Continues; New CEO Poised to Take Helm

CPS Technologies Corporation Announces Second Quarter 2023 Financial Results

NORTON, Mass., July 21, 2023 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ: CPSH) (“CPS” or the “Company”) today announced that Brian Mackey, a seasoned professional with over 20 years of executive leadership experience, has been appointed president and chief executive officer of CPS effective August 14, 2023. His selection comes at the conclusion of an exhaustive search for an appropriate individual following Michael McCormack's resignation in April, after which the Company's CFO, Chuck Griffith, has served as acting president.

CPS Technologies Announces Appointment of Brian Mackey as President & CEO

New Concept Energy

Orla Mining Ltd. 

A controversial segment of the market, the concept of strong penny stocks nevertheless carries a certain charm. Now, let's get something straight.

3 Penny Stocks That Pack a Surprising Punch

NORTON, Mass., June 20, 2023 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced it received an additional follow-on purchase order, valued at $1.4 million, for HybridTech Armor® panels from Kinetic Protection, the U.S. Navy's prime contractor. The panels are an integrated component of advanced ballistic shields developed in support of protection system upgrades on Naval Aircraft Carriers. This recent purchase order, an exercised option on Kinetic's contract with the Department of Defense, will equip additional ships with enhanced ballistic protection for crew-served weapons stations.

CPS Technologies Announces Follow-On HybridTech Armor® Panel Purchase Order for U.S. Aircraft Carriers

NORTON, Mass., May 08, 2023 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced that it will participate in the Sidoti Microcap Virtual Conference on May 10 and 11, 2023. A general presentation by management will be held at 10:45 a.m. Eastern on May 11, with one-on-one calls scheduled throughout the day; institutional investors are encouraged to contact Sidoti directly or CPS investor relations with any questions or to confirm a time with management. The general presentation will be webcast and available on the Company's website.

CPS Technologies to Participate in Sidoti Microcap Virtual Conference

NORTON, Mass., May 04, 2023 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced financial results for the fiscal first quarter ended April 1, 2023.

CPS Technologies Corporation Announces First Quarter 2023 Financial Results

NORTON, Mass., April 21, 2023 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) today announced that Michael McCormack has resigned as president and CEO of the Company. Michael McCormack's resignation is effective April 21, 2023.

CPS Technologies Corporation Announces CEO Resignation

NORTON, Mass., April 04, 2023 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) has been awarded a Phase I Small Business Innovative Research (SBIR) contract from the U.S. Army to develop lightweight, reconfigurable UH-60 flooring. CPS will develop a structural armor floor system for the UH-60 fleet that reduces aircraft weight while maximizing mission configuration flexibility. CPS will design and fabricate a Ballistic Armor Protection System (BAPS) using our proprietary HybridTech Armor® Metal Matrix Composite (MMC) technology. HybridTech Armor consists of ceramic tiles that are encapsulated in fiber-reinforced Aluminum (Al). MMC and monolithic ceramic tiles yield robust ballistic and structural performance while reducing weight compared to other metallic armor systems.

CPS Technologies Corporation Announces SBIR Contract Award for Lightweight UH-60 Flooring Development

NORTON, Mass., March 29, 2023 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) announced today that the company has secured $5.0M in purchase orders for hermetic packages from a leading Aerospace electronics manufacturer in support of both U.S. space missions and high-volume production tactical programs.

CPS Technologies Corporation Receives Significant Hermetic Packaging Order from Industry Leading Aerospace Electronics Manufacturer

CPS Technologies Corporation (NASDAQ:CPSH ) Q4 2022 Earnings Conference Call March 7, 2023 4:30 PM ET Company Participants Chuck Griffith - Chief Financial Officer Michael McCormack - President & Chief Executive Officer Anthony Koski - Chief Development Officer Conference Call Participants Michael White - Private Investor Ron Richards - Private Investor Operator Good day everyone and welcome to the CPS Technologies 2022 Earnings Call. [Operator Instructions] It is now my pleasure to turn the floor over to your host, Chuck Griffith.

CPS Technologies Corporation (CPSH) Q4 2022 Earnings Call Transcript

NORTON, Mass., March 07, 2023 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) today announced revenues of $6.1 million and an operating profit of $309 thousand for the quarter ended December 31, 2022. This compares with revenues of $6.2 million and an operating profit of $312 thousand for the quarter ended December 25, 2021. For the year ended December 31, 2022 revenues were $26.6 million with an operating profit of $2.2 million. This compares to revenue of $22.4 million and operating profit of $513 thousand for the year ended December 25, 2021.

CPS Technologies Corporation Announces Fourth Quarter and Year End 2022 Results

Curaleaf Holdings, Inc.

Denison Mines

Kinross Gold

Nokia

Solid Power

With a potential bull market run ahead of us, investors are looking to riskier investment options, such as penny stocks, to take advantage of the upward trend. For one, it looks promising that we're potentially in the early stages of a bull market.

7 Penny Stocks to Buy as a New Bull Market Emerges

The Marygold Companies 

Ring Energy

Wah Fu Education Group Ltd

Under most circumstances, you want to stay away from extremely speculative market ideas, even the ones billed as penny stocks that will make you rich in 10 years. Granted, this segment – no matter how it's marketed – presents wild risks for participants.

7 Penny Stocks That Will Make You Rich in 10 Years

CPS Technologies Corporation (NASDAQ:CPSH ) Q3 2022 Earnings Call Transcript November 2, 2022 4:30 PM ET Company Participants Chuck Griffith - Chief Financial Officer Michael McCormack - President, Chief Executive Officer Anthony Koski - Chief Development Officer Operator Good afternoon, ladies and gentlemen, and welcome to the CPS Technologies Third Quarter Earnings Call. [Operator Instructions] It is now my pleasure to turn the floor over to your host, Chuck Griffith.

CPS Technologies Corporation (CPSH) Q3 2022 Earnings Call Transcript

NORTON, Mass., Nov. 02, 2022 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) today announced revenues of $6.7 million and an operating profit of $709 thousand for the quarter ended October 1, 2022. This compares with revenues of $5.5 million and an operating loss of $88 thousand for the quarter ended September 25, 2021.

News for CPS Technologies Stock (CPSH)