Welcome to our dedicated page for Cps Technologie news (Ticker: CPSH), a resource for investors and traders seeking the latest updates and insights on Cps Technologie stock.
CPS Technologies Corporation (NASDAQ: CPSH) delivers innovative advanced materials solutions for mission-critical applications in defense, electronics, and renewable energy. This news hub provides investors and industry professionals with comprehensive access to CPSH's official communications and market developments.
Track all essential updates through curated press releases, including earnings reports, product innovations, and strategic partnerships. Our repository features regulatory filings, R&D milestones in metal matrix composites, and operational updates relevant to CPSH's position in thermal management and lightweight material solutions.
Key content categories include quarterly financial results, new contract announcements in defense/electronics sectors, advancements in AlSiC composite applications, and intellectual property developments. The archive serves as a historical reference for analyzing CPSH's growth in advanced manufacturing markets.
Bookmark this page for streamlined monitoring of CPS Technologies' material events. Combine these verified updates with broader market analysis to inform your understanding of the company's evolving role in next-generation materials science.
CPS Technologies Corporation (NASDAQ:CPSH) recently shared a recording of its February 24, 2021, Investor Call on its website. Key topics included financial results presented by Chuck Griffith and an overview of the company’s core competencies by Grant Bennett. The call covered CPSH's product pipeline, recent design wins, and primary markets, particularly in power modules and aerospace. Investor inquiries addressed plant capacity, recent armor orders, and potential equity raises. A replay of the call is available on their investor page, providing insights into CPSH's strategic vision and growth potential.
CPS Technologies Corporation (NASDAQ:CPSH) reported revenues of $20.9 million for the year ended December 26, 2020, a slight decrease from $21.5 million in 2019. Operating profit saw a significant improvement, reaching $914 thousand, compared to an operating loss of $597 thousand the previous year. The fourth quarter revenue was $4.2 million with an operating loss, down from $5.4 million in Q4 2019. The company noted shifts in customer demand due to Covid-19 and is optimistic about future product development and market sectors.
CPS Technologies Corporation (Nasdaq:CPSH) announced its quarterly investor conference call scheduled for February 24, 2021, at 4:45 PM ET. During this call, President and CEO Grant Bennett, alongside CFO Chuck Griffith, will discuss the company’s financial results for the three and twelve months ending December 26, 2020. Interested participants can join by dialing 1-833-953-1394 using Conference ID: 9283248. CPS is known for its metal-matrix composite components used in various applications, including electric vehicle motor controllers and high-performance microprocessors.
CPS Technologies Corporation (NASDAQ: CPSH) announced the appointment of Michael E. McCormack II as Chief Operating Officer, effective January 4, 2021. CEO Grant Bennett highlighted McCormack's experience in accelerating growth and product commercialization, aligning with CPS's strategic goals. McCormack's previous roles include Executive VP at AirBoss Defense Group and leadership positions at Mission Solutions Group and General Dynamics. He holds a BS in Engineering from West Point and additional master’s degrees. CPS specializes in metal-matrix composites for various industries, including defense and transportation.
CPS Technologies Corporation (NASDAQ: CPSH) reported revenues of $4.5 million with an operating profit of $253 thousand for Q3 2020, improving from a $4.4 million revenue and an operating loss of $479 thousand in Q3 2019.
For the nine months ending September 2020, revenues reached $16.7 million and operating profit was $1.2 million, compared to $16.0 million in revenues and an operating loss of $966 thousand in the prior year. The company faced challenges due to the pandemic and supplier disruptions but reported improved gross margins and operating profits.
CPS Technologies Corporation (Nasdaq:CPSH) announced plans for its quarterly investor conference call on October 28, 2020, at 4:45 PM Eastern. CEO Grant Bennett and CFO Chuck Griffith will present the financial results for the three and nine months ending September 26, 2020. Investors can join the call by dialing 1-833-953-1394 and entering Conference ID: 6798808. CPS is renowned for producing metal-matrix composite components enhancing the performance of various electrical systems, including applications in hybrid vehicles and high-speed trains.
CPS Technologies Corporation (Nasdaq: CPSH) has welcomed William "Bill" Holmes as Senior Applications Engineer. With over 30 years of experience in design and process engineering, Holmes focuses on hybrid microelectronics for defense and commercial sectors. VP Charles DaRosa emphasized Holmes' expertise in product development and manufacturing, while CEO Grant Bennett highlighted his technical skills and interpersonal abilities. CPS Technologies specializes in metal matrix composites and serves various industries, including electric vehicles and high-speed trains, enhancing performance and reliability in electrical systems.
CPS Technologies Corporation (Nasdaq: CPSH) celebrates NASA's successful launch of the Mars 2020 Mission Perseverance Rover, highlighting its role in producing the AlSiC hermetic housing for the turret power supply of the SHERLOC instrument. AlSiC, a lightweight metal-matrix composite combining aluminum and silicon carbide, enhances reliability and performance in various applications due to its superior thermal properties. CPS has also supplied AlSiC components for the International Space Station and GPS III satellites, reinforcing its commitment to innovation in aerospace and electronic systems.
CPS Technologies Corporation (NASDAQ: CPSH) reported $5.8 million in revenues and an operating profit of $331 thousand for Q2 2020, down from $6.4 million and $258 thousand in Q2 2019. For the first half of 2020, revenues reached $12.3 million with an operating profit of $952 thousand, improving from $11.6 million and an operating loss of $486 thousand in H1 2019. CEO Grant Bennett noted a demand decrease due to a major customer's inventory adjustments related to the coronavirus pandemic but highlighted strong gross margins and operational improvements.
CPS Technologies Corporation (Nasdaq:CPSH) has announced its quarterly investor conference call set for July 29, 2020, at 4:45 P.M. (Eastern). During this call, President and CEO Grant Bennett and CFO Chuck Griffith will discuss the financial results for the three and six months ending June 27, 2020. Participants can join by dialing 1-833-953-1394 and using Conference ID: 6958894. CPS is a leader in metal-matrix composite components, enhancing performance in electric vehicles, public transportation, and high-performance computing.
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