CPSH - Earnings announcements

NORTON, Mass., May 04, 2026 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) ("CPS" or the "Company") today announced financial results for the fiscal first quarter ended March 28, 2026. First Quarter Summary Revenue of $7.0 million, versus $7.5 million in the prior-year period, reflecting order timing; continued revenue growth is expected in future quarters.Gross margin of 8.6 percent versus 16.4 percent in the first quarter of 2025.Operating loss of $(0.5) million for the quarter compared to an operating profit of $0.1 million in the prior-year period.The Company remains on track for its planned move to a larger, improved operating facility later in 2026, and detailed

NORTON, Mass., April 29, 2026 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its first quarter 2026 investor conference call which will be held on Tuesday May 5, 2026 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 March 28, 2026. Those interested in participating in the conference call should dial: 1-844-943-2942 Participant Passcode: 545169 About CPSCPS is an advanced materials company that designs, manufactures, and sells high-performance material solutions to global customers in transportation, energy, automotive, electronic

NORTON, Mass., Feb. 25, 2026 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its year end 2025 investor conference call which will be held on Tuesday March 3, 2026 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 year ended December 27, 2025. Those interested in participating in the conference call should dial: 1-844-943-2942 Participant Passcode: 641664 About CPSCPS is an advanced materials company that designs, manufactures, and sells high-performance material solutions to global customers in transportation, energy, automotive, electronics, t

NORTON, Mass., Oct. 27, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its third quarter 2025 investor conference call which will be held on Thursday October 30, 2025 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 September 27, 2025. Those interested in participating in the conference call should dial: 1-844-943-2942 Participant Passcode: 587233 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our products an

NORTON, Mass., July 30, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) ("CPS" or the "Company") today announced financial results for the fiscal second quarter ended June 28, 2025. Second Quarter Highlights Revenue of $8.1 million, versus $5.0 million in the prior-year period, reflecting strong demand for the Company's core product linesGross margin of 16.5 percent versus a gross loss in the prior-year periodOperating profit of $0.1 million for the quarter compared to an operating loss of $(1.3) million in the prior-year periodAfter the quarter, CPS announced its fourth new Small Business Innovation Research (SBIR) contract of the year, affirming the Company's abilit

NORTON, Mass., July 28, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its second quarter 2025 investor conference call which will be held on Thursday July 31, 2025 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 June 28, 2025. Those interested in participating in the conference call should dial: 1-844-943-2942 Participant Passcode: 719117 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our products and intel

NORTON, Mass., April 30, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) ("CPS" or the "Company") today announced financial results for the fiscal first quarter ended March 29, 2025. First Quarter Highlights Revenue of $7.5 million for the first quarter of 2025, reflecting the Company's best sales quarter ever, even without any HybridTech Armor® business, versus $5.9 million in the first quarter of 2024Gross margin of 16.4 percent versus 15.3 percent in the prior-year period, reflecting improved operating leverage tied to higher revenueOperating profit of $0.1 million for the quarter ended March 29, 2025 compared to an operating loss of $(0.3) million in the prior

NORTON, Mass., April 28, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its first quarter 2025 investor conference call which will be held on Thursday May 1, 2025 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 March 29, 2025. Those interested in participating in the conference call should dial: 1-844-943-2942 Participant Passcode: 970717 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our products and intell

NORTON, Mass., March 12, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) ("CPS" or the "Company") today announced financial results for the fiscal fourth quarter ended December 28, 2024. Fourth Quarter Summary Revenue of $5.9 million for the fourth quarter of 2024 versus $6.7 million in the prior-year period, reflecting the previously-announced fulfillment of the Company's HybridTech Armor® contract with Kinetic Protection for the U.S. Navy; revenue rose significantly relative to the third quarter of 2024, due to higher production rates and associated customer shipments. In addition, fourth quarter revenue was slightly higher than first quarter revenue, demonstrating

NORTON, Mass., March 04, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its fourth quarter 2024 investor conference call which will be held on Thursday March 13, 2025 at 9:00 A.M. (Eastern). This is a change from the previously announced date. Brian Mackey, President and CEO and Chuck Griffith, Chief Financial Officer will discuss the Company's financial results for the quarter and year ended December 28, 2024. Those interested in participating in the conference call should dial: 1-800-346-2923 Participant Passcode: 785874 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that f

NORTON, Mass., March 03, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its fourth quarter 2025 investor conference call which will be held on Thursday March 6, 2025 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 and year ended December 28, 2024. Those interested in participating in the conference call should dial: 1-800-346-2923 Participant Passcode: 785874 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our prod

NORTON, Mass., Oct. 30, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) ("CPS" or the "Company") today announced financial results for the fiscal third quarter ended September 28, 2024. Third Quarter Summary Revenue of $4.2 million for the third quarter of 2024 versus $6.3 million in the prior-year period, reflecting lower overall shipments due to the previously-announced end of the Company's HybridTech Armor® contract with Kinetic Protection for the U.S. NavyGross margin of (12) percent versus 20 percent in the third quarter of 2023, largely reflecting lower manufacturing efficiencies as well as start-up costs tied to hiring and training of a third shift, the ben

NORTON, Mass., Oct. 28, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its third quarter 2024 investor conference call which will be held on Thursday October 31, 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 September 28, 2024. Those interested in participating in the conference call should dial: 1-844-943-2942 Participant Passcode: 475242 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our produ

NORTON, Mass., July 31, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) ("CPS" or the "Company") today announced financial results for the fiscal second quarter ended June 29, 2024. Second Quarter Summary Revenue of $5.0 million for the second quarter of 2024 versus $7.4 million in the prior-year period, reflecting lower overall shipments due to the end of the Company's HybridTech Armor® contract with Kinetic Protection for the US Navy Gross margin of (4.6) percent versus 29.6 percent in the second quarter of 2023, largely reflecting lower manufacturing efficiencies and impact of fixed costs on lower revenue. Operating loss of $1.3 million for the quarter en

NORTON, Mass., July 29, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its second quarter 2024 investor conference call which will be held on Thursday August 1, 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 June 29, 2024. Those interested in participating in the conference call should dial: 1-844-943-2942 Participant Passcode: 467630 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our products and inte

NORTON, Mass., May 01, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) ("CPS" or the "Company") today announced financial results for the fiscal first quarter ended March 30, 2024. First Quarter Summary Revenue of $5.9 million for the first quarter of 2024 versus $7.1 million in the prior-year period, primarily due to further quality control testing and production staffing challengesGross margin of 15.3 percent versus 31.6 percent in the first quarter of 2023, largely due to lower manufacturing efficiencies and non-revenue producing quality control costsOperating loss of $0.3 million for the quarter ended March 30, 2024 compared to an operating profit of $0.7 million

NORTON, Mass., April 29, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its first quarter 2024 investor conference call which will be held on Thursday May 2, 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 March 30, 2024. Those interested in participating in the conference call should dial: 1-844-943-2942 Participant Passcode: 175645 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our products and intell

NORTON, Mass., March 06, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) ("CPS" or the "Company") today announced financial results for the fiscal fourth quarter ended December 30, 2023. Fourth Quarter Highlights Revenue of $6.7 million for the fourth quarter of 2023 versus $6.1 million in the prior-year period, primarily due to growth in shipmentsGross margin of 17.0 percent versus 26.6 percent in the fourth quarter of 2022, reflecting certain quality issues with a major customerOperating profit of $0.1 million for the quarter ended December 30, 2023 compared to $0.3 million in the prior-year period "We finished the year with the highest annual revenue i

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. Those interested in participating in the conference call should dial: 1-844-943-2942 Participant Passcode: 531915 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our products and

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. Third Quarter Highlights Revenue of $6.3 million for the third quarter of 2023 versus $6.7 million in the prior-year period, reflecting a shift in certain orders into the fourth quarter, as previously discussedGross margin of 19.7 percent versus 27.9 percent in the third quarter of 2022, primarily due to lower revenue year-over-yearOperating profit of $0.1 million for the quarter ended September 30, 2023, compared to $0.7 million in the prior-year periodCompany recently announced a new

NORTON, Mass., Oct. 30, 2023 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its third quarter 2023 investor conference call which will be held on Thursday November 2, 2023 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 September 30, 2023. Those interested in participating in the conference call should dial: 1-844-943-2942 Participant Passcode: 230366 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our products an

NORTON, Mass., Aug. 02, 2023 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) ("CPS" or the "Company") today announced financial results for the fiscal second quarter ended July 1, 2023. Second Quarter Highlights Revenue of $7.4 million for the second quarter of 2023 versus $7.1 million in the prior-year periodGross margin of 29.6 percent, up 370 basis points from the second quarter of 2022Operating profit of $0.7 million for the quarter ended July 1, 2023, slightly higher than the prior-year period "Fiscal 2023 continues to play out as expected, with solid top line growth and improved bottom line results," said Chuck Griffith, CFO and acting President. "Revenue ros

NORTON, Mass., July 28, 2023 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its second quarter 2023 investor conference call which will be held on Thursday, August 3, 2023 at 9:00 A.M. (Eastern). Brian Mackey, incoming President and CEO, Chuck Griffith, Acting President and Chief Financial Officer, and Anthony Koski, Corporate Development Officer, will discuss the Company's financial results for the quarter ended July 1, 2023. Those interested in participating in the conference call should dial: 1-844-943-2942 Participant Passcode: 281331 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management compon

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. First Quarter Highlights Revenue of $7.1 million for the first quarter of 2023 versus $6.7 million in the prior-year periodGross margin of 31.6 percent, up 210 basis points from the first quarter of 2022Operating profit of $0.7 million for the quarter ended April 1, 2023 versus $0.5 million in the prior-year period "I'm pleased to announce that this period marked a new level of top line performance for the Company, with revenue of $7.1 million surpassing the previous record set during

NORTON, Mass., May 01, 2023 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its first quarter 2023 investor conference call which will be held on Thursday May 4, 2023 at 4:30 P.M. (Eastern). Chuck Griffith, Acting President and Chief Financial Officer and Anthony Koski, Corporate Development Officer, will discuss the Company's financial results for the quarter ended April 1, 2023. Those interested in participating in the conference call should dial: 1-844-943-2942 Participant Passcode: 503680 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the

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. Michael McCormack, President and CEO, said: "2022 marks another record year for CPS. Our team has exceeded all goals for 2022 and

NORTON, Mass., Feb. 27, 2023 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its year end 2022 investor conference call which will be held on Tuesday March 7, 2023 at 4:30 P.M. (Eastern). Michael McCormack, President and Chief Executive Officer and Chuck Griffith, Chief Financial Officer, will discuss the Company's financial results for the year ended December 31, 2022. Those interested in participating in the conference call should dial: 1-844-943-2942 Participant Passcode: 693433 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. O

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. Michael McCormack, President and CEO, said: "We are pleased to report strong revenues in the third quarter of 2022 an increase of 22% over the third quarter of 2021. Further, our operating profit for the quarter represents a significant turnaround from the third quarter loss in 2021. On a year-to-date basis, operating profit of $1.9 million compares with $20

NORTON, Mass., Aug. 04, 2022 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) today announced revenues of $7.1 million and an operating profit of $669 thousand for the quarter ended July 2, 2022. This compares with revenues of $5.9 million and an operating profit of $253 thousand for the quarter ended June 26, 2021. Michael McCormack, President and CEO, said: "We are pleased to report that revenues in the second quarter of 2022 were the highest in the company's history and showed 6.3% improvement over revenues in the first quarter of 2022, our previous record high for a quarter. Even more significantly we show a revenue increase of 21% over the second quarter of 2021. Furthe

NORTON, Mass., Aug. 03, 2022 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its second quarter 2022 investor conference call which will be held on Friday, August 5, 2022 at 9:00 A.M. (Eastern). Michael McCormack, President and Chief Executive Officer and Chuck Griffith, Chief Financial Officer, will discuss the Company's financial results for the quarter ended July 2, 2022. Those interested in participating in the conference call should dial: 1-888-504-7949 Participant Passcode: 840275 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of t

NORTON, Mass., May 04, 2022 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) today announced revenues of $6.7 million and an operating profit of $547 thousand for the quarter ended April 2, 2022. This compares with revenues of $4.9 million and an operating profit of $36 thousand for the quarter ended March 27, 2021. Michael McCormack, President and CEO, said: "We are delighted to report that revenues in the first quarter 2022 were the highest in the company's history and showed 7% improvement over revenues in the fourth quarter of 2021. Even more significantly we show a revenue increase of 37% over the first quarter of 2021. Further, we are beginning to see the benefits of t

NORTON, Mass., May 02, 2022 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its first quarter 2022 investor conference call which will be held on Wednesday, May 4, 2022 at 4:45 P.M. (Eastern). Michael McCormack, President and Chief Executive Officer and Chuck Griffith, Chief Financial Officer, will discuss the Company's financial results for the quarter ended April 2, 2022. Those interested in participating in the conference call should dial: 1-833-953-1394 Conference ID: 3323509 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the economy. Our p

NORTON, Mass., March 03, 2022 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) today announced revenues of $6.2 million and an operating profit of $312 thousand for the quarter ended December 25, 2021. This compares with revenues of $4.2 million and an operating loss of $291 thousand for the quarter ended December 26, 2020. For the year ended December 25, 2021 revenues were $22.4 million with an operating profit of $513 thousand. This compares to revenue of $20.9 million and operating profit of $914 thousand for the year ended December 26, 2020. Michael McCormack, President and CEO, said: "Revenues in the fourth quarter 2021 showed significant improvement over revenues in th

NORTON, Mass., March 01, 2022 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) today released instructions for its year end 2021 investor conference call which will be held on Thursday, March 3, 2022 at 4:45 P.M. (Eastern). Michael McCormack, President and Chief Executive Officer and Chuck Griffith, Chief Financial Officer, will discuss the Company's financial results for the quarter and year ended December 25, 2021. Those interested in participating in the conference call should dial: 1-833-953-1394 Conference ID: 3587843 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the eco

NORTON, Mass., Oct. 27, 2021 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) today announced revenues of $5.5 million and an operating loss of $88 thousand for the quarter ended September 25, 2021. This compares with revenues of $4.5 million and an operating profit of $253 thousand for the quarter ended September 26, 2020. Michael McCormack, President and CEO, said: "Revenues in the third quarter 2021 showed significant improvement over revenues in the third quarter of 2020, reflecting the lessening impact of the Covid-19 pandemic on our business. Revenues in the third quarter 2021 were 24% higher than the third quarter 2020, and our 2021 bookings are 158% of shipments, ref

NORTON, Mass., Oct. 22, 2021 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) today released instructions for its quarterly investor conference call which will be held on Wednesday, October 27, 2021 at 4:45 P.M. (Eastern). Michael McCormack, President and Chief Executive Officer and Chuck Griffith, Chief Financial Officer, will discuss the Company's financial results for the three and nine months ended September 25, 2021. Those interested in participating in the conference call should dial: 1-833-953-1394 Conference ID: 8251606 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification

NORTON, Mass., July 28, 2021 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) today announced revenues of $5.9 million and an operating profit of $253 thousand for the quarter ended June 26, 2021. This compares with revenues of $5.8 million and an operating profit of $331 thousand for the quarter ended June 27, 2020. Michael McCormack, President and CEO, said: "The impact of the pandemic on CPS's business continues to subside. Revenues in the second quarter 2021 showed continuing improvement over revenues in each of the previous 4 quarters. We previously commented that we felt the fourth quarter 2020 was the low point in terms of reduced demand caused by the pandemic. Our 20

NORTON, Mass., July 22, 2021 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) today released instructions for its quarterly investor conference call which will be held on Wednesday, July 28, 2021 at 4:45 P.M. (Eastern). Michael McCormack, President and Chief Executive Officer and Chuck Griffith, Chief Financial Officer, will discuss the Company's financial results for the three and six months ended June 26, 2021. Those interested in participating in the conference call should dial: 1-833-953-1394 Conference ID: 1989645 About CPSCPS is a technology and manufacturing leader in producing high-performance energy management components that facilitate the electrification of the e