Highest-materiality recent filing
CPS Technologies closes $9.6M registered direct offering of 1.2M shares at $8.00/share
Sold 1,200,000 shares of common stock at $8.00 per share in an at-the-market offering.
CPS Technologies appoints Christopher Fraser as CFO; Charles Griffith retiring
Fraser, former Precision Castparts controller, assumes CFO role on May 18, 2026.
CPS shareholders elect all five director nominees, approve increase in authorized shares to 25M
All five director nominees elected with >70% support; Grant C. Bennett received 71.3%.
CPS Technologies Q1 revenue $7.0M, net loss $0.02 EPS; new CFO appointed
Revenue $7.0M vs $7.5M YoY; gross margin fell to 8.6% from 16.4%.
CPS Technologies reports record FY2025 sales of $32.6M; Q4 EPS $0.00 vs -$0.07
Revenue of $8.2M in Q4 2025 (up 39% YoY); full-year record revenue of $32.6M (up 54% YoY).
CPS Technologies CFO Charles K. Griffith, Jr. announces retirement in mid-2026
CFO Charles K. Griffith, Jr., age 72, informed Board of intent to retire in 2026.
CPS Technologies Q3: Record revenue $8.8M, net income $0.01 EPS vs loss $0.07 YoY
Q3 revenue $8.8M, more than double vs $4.2M YoY; third consecutive record quarter.
CPS Technologies closes $9.5M public offering of 3.45M shares at $3.00
Sold 3,450,000 shares (including full overallotment of 450,000) at $3.00 per share.
CPS Tech Q2 revenue $8.1M record; net income $0.1M vs year-ago loss
Revenue $8.1M, up 62% YoY from $5.0M; gross margin improved to 16.5% from -4.6%.
CPS Technologies Stockholders Elect Five Directors at 2025 Annual Meeting
Grant C. Bennett received 87.8% support; Francis J. Hughes Jr. 95.8%; Daniel C. Snow 96.1%; I. James Cavoli 99.5%; Ralph M. Norwood 97.2%.
CPS Technologies Q1 2025 record revenue of $7.5M, returns to profitability
Revenue $7.5M (+27% YoY from $5.9M), a quarterly record.
CPS Technologies posts annual meeting presentation; no financial details in filing text
Presentation made at April 29, 2025 annual general meeting and posted to company website.
CPS Technologies Q4 2024 revenue $5.9M; net loss $0.07/shr vs prior-year profit $0.01/shr
Q4 revenue $5.9M, down 12% YoY from $6.7M; full-year revenue $21.1M, down 23% from $27.6M.
CPS Technologies appoints Swagelok President James Cavoli to Board
I. James Cavoli, 62, appointed to the Board on December 3, 2024.
CPS Tech Q3 revenue $4.2M (-33% YoY); net loss $0.07/share vs +$0.01
Revenue $4.2M vs $6.3M prior year; gross margin -12% vs 20% due to lower shipments and third-shift costs.
CPS Technologies dismisses Wolf & Co., appoints PKF O'Connor Davies as auditor
Audit Committee dismissed Wolf & Company effective after completion of Q3 2024 10-Q review on October 11, 2024.
CPS Technologies Q2 revenue $5.0M, operating loss $1.3M as Navy armor contract ends
Revenue $5.0M vs $7.4M YoY; gross margin (4.6)% vs 29.6% on lower volumes and fixed costs.
CPS Technologies director Thomas Culligan resigns from board effective June 21, 2024
Thomas Culligan informed the Board on June 3, 2024 of his resignation, effective June 21, 2024.
CPS Technologies Q1 revenue down 17% to $5.9M; net loss of $0.1M vs net income of $0.5M
Revenue $5.9M vs $7.1M YoY; gross margin fell to 15.3% from 31.6% due to quality control costs and lower volumes.
CPS annual meeting: all director nominees elected, proposals approved with strong support
Five directors re-elected with at least 65.9% of votes cast; Thomas M. Culligan received lowest support at 65.9%.
Q4 2023 revenue $6.7M (+10% YoY); gross margin 17.0% vs 26.6% due to quality issues with major customer.
He will assume his responsibilities on May 18, 2026 from Charles K. Griffith Jr., who will be retiring at the end of May.
On May 4, 2026, CPS Technologies Corp. (the "Company") issued a press release announcing the appointment of Christopher S. Fraser as its Chief Financial Officer.
On June 3, 2024, Thomas Culligan informed the Company's Board of Directors (the "Board") of his intention to resign from the Board effective on June 21, 2024.
Max materiality 0.80 · Median 0.65 · Most common event earnings