---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-021797"
form_type: "8-K"
ticker: "CPSH"
cik: "0000814676"
company_name: "CPS TECHNOLOGIES CORP/DE/"
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T10:22:01.223826+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CPS Tech Q2 revenue record $7.4M; gross margin up 370bps; new CEO named

## Summary
- Revenue rose 5% YoY to record $7.4M; gross margin 29.6% vs 25.9% a year ago.
- Net income $0.6M ($0.04 diluted EPS) vs $0.5M ($0.03) in prior-year quarter.
- Operating profit $0.7M slightly higher YoY; trailing 12-month book-to-bill 108%.
- Brian Mackey selected as new president and CEO, effective around report date.
- Improved product mix and operating leverage drove gross margin expansion.

## SEC filing metadata
- accession: 0001437749-23-021797
- form_type: 8-K
- ticker: CPSH
- cik: 0000814676
- company_name: CPS TECHNOLOGIES CORP/DE/
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/814676/000143774923021797/0001437749-23-021797-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814676/000143774923021797/cpsh20230803_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-021797
- JSON: https://secwatch.observer/filing/0001437749-23-021797.json
- Plain text: https://secwatch.observer/filing/0001437749-23-021797.txt

## Key facts
- Earnings Releases
  CPS TECHNOLOGIES CORP/DE/ reported the fiscal second quarter ended July 1, 2023 results: revenue $7.4 million, net income $0.6 million, or $0.04 per diluted share.
  - Period: the fiscal second quarter ended July 1, 2023
  - Revenue: $7.4 million
  - Net income: $0.6 million, or $0.04 per diluted share
  - Result: reported results
  source text: CPS Technologies Corporation Announces Second Quarter 2023 Financial Results Record Revenue of $7.4 Million;
  evidence_url: https://www.sec.gov/Archives/edgar/data/814676/000143774923021797/0001437749-23-021797-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.