---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-030146"
form_type: "8-K"
ticker: "CPSH"
cik: "0000814676"
company_name: "CPS TECHNOLOGIES CORP/DE/"
filed_at: "2023-11-03T23:59:59+00:00"
generated_at: "2026-06-08T22:54:52.071323+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CPS Technologies Q3 revenue falls to $6.3M, EPS $0.01; secures $7.7M European contract

## Summary
- Revenue $6.3M vs $6.7M YoY; net income $171K ($0.01 diluted EPS) vs $988K ($0.07)
- Gross margin 19.7% vs 27.9% due to lower revenue and order timing
- Operating profit $131K vs $709K in prior-year quarter
- New $7.7M contract for power module components with European customer; SBIR grant from DOE
- CEO expects record fiscal 2023 despite Q3 softness

## SEC filing metadata
- accession: 0001437749-23-030146
- form_type: 8-K
- ticker: CPSH
- cik: 0000814676
- company_name: CPS TECHNOLOGIES CORP/DE/
- filed_at: 2023-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/814676/000143774923030146/0001437749-23-030146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814676/000143774923030146/cpsh20231102_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-030146
- JSON: https://secwatch.observer/filing/0001437749-23-030146.json
- Plain text: https://secwatch.observer/filing/0001437749-23-030146.txt

## Key facts
- Earnings Releases
  CPS TECHNOLOGIES CORP/DE/ reported third quarter ended September 30, 2023 results: revenue $6.3 million, net income $0.2 million, or $0.01 per diluted share, EPS $0.01 per diluted share.
  - Period: third quarter ended September 30, 2023
  - Revenue: $6.3 million
  - Net income: $0.2 million, or $0.01 per diluted share
  - EPS: $0.01 per diluted share
  - Result: reported results
  source text: 2 ex_590738.htm EXHIBIT 99.1 ex_590738.htm Exhibit 99.1 FOR RELEASE: IMMEDIATE CPS Technologies Corporation Announces Third Quarter 2023 Financial Results Revenue of $6.3 Million; Company Remains on Track for Record Year Norton, Massachusetts – November 1, 2023 – CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced financial
  evidence_url: https://www.sec.gov/Archives/edgar/data/814676/000143774923030146/0001437749-23-030146-index.htm

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