earnings
confidence high
sentiment negative
materiality 0.65
CPS Technologies Q4 2024 revenue $5.9M; net loss $0.07/shr vs prior-year profit $0.01/shr
CPS TECHNOLOGIES CORP/DE/
- Q4 revenue $5.9M, down 12% YoY from $6.7M; full-year revenue $21.1M, down 23% from $27.6M.
- Q4 gross loss $0.3M (negative 4.6% margin) vs gross profit $1.1M (17.0% margin) a year ago.
- Q4 net loss $1.0M ($0.07 diluted EPS) vs net income $0.2M ($0.01 diluted EPS) in Q4 2023.
- Full-year net loss $3.1M ($0.22 diluted EPS) vs net income $1.4M ($0.09) in fiscal 2023.
- New Army SBIR contracts totaling $750K and first commercial sale of radiation shielding announced.