财务数据和关键指标变化 - 第三季度公司收入为420万美元，同比下降33%（去年为630万美元），主要由于与Kinetic Protection的美国海军装甲合同结束 [4][5] - 第三季度公司运营亏损为150万美元，而去年同期为运营收入10万美元，净亏损为100万美元，每股亏损0.07美元 [10] - 第三季度毛利亏损为150万美元，毛利率为负12%，去年同期毛利为120万美元，毛利率为20% [7] 各条业务线数据和关键指标变化 - 公司在第三季度的收入下降主要是由于与Kinetic Protection的合同结束，以及另一主要客户减少采购以消化库存 [4][5] - 第三季度的销售、一般和行政费用（SG&A）为100万美元，较去年同期的110万美元有所下降 [9] 各个市场数据和关键指标变化 - 公司在第三季度的现金和市场证券总额为470万美元，较2024年初的880万美元显著下降 [11] - 应收账款为370万美元，较2023年12月的440万美元有所下降，库存为440万美元，较2024年初的460万美元略有下降 [11] 公司战略和发展方向和行业竞争 - 公司对未来持乐观态度，尤其是在第四季度和2025财年，预计将通过新合同和扩展制造能力实现增长 [8][25] - 公司获得了多个新合同，包括与能源部的SBIR Phase II奖项、与现有半导体客户的新合同，以及与美国海军的新开发合同 [15][18][19] - 公司正在积极寻求其他SBIR机会，并参与新的投标，以扩大客户基础和收入来源 [22] 管理层对经营环境和未来前景的评论 - 管理层指出，尽管第三季度的结果受到多种因素的负面影响，但随着新员工的培训和订单的恢复，未来几个月的增长前景乐观 [14][25] - 管理层对Kinetic Protection在未来赢得新订单的可能性持谨慎乐观态度，认为其弹道解决方案在多个军舰和其他军事应用中具有广阔市场 [21] 其他重要信息 - 公司新购置的五轴CNC机床已投入使用，准备在第四季度及以后提高产品的生产能力 [25] - 公司扩展的产品线包括纤维增强铝（FRA）复合材料，预计将在2025财年开始商业化 [23] 问答环节所有提问和回答 - 本次电话会议没有记录到具体的提问和回答内容 [26]

财务表现 - 第三季度收入为4.22百万美元，较上年同期的6.33百万美元下降[1,5] - 毛利润为-0.52百万美元，毛利率为-12%，较上年同期的20%大幅下降[6] - 营业亏损为1.49百万美元，上年同期为0.13百万美元盈利[7] - 预计第四季度及以后的财务表现将大幅改善[4] 订单及交付 - 获得了一笔价值1.1百万美元的美国能源部第二阶段合同，用于继续开发"用于微反应堆运输和使用的模块化辐射屏蔽"[2] - 获得了一笔价值200,000美元的美国海军航空系统司令部新开发合同，用于继续开发高强度低重量的金属基复合材料解决方案[2] - 获得了一笔价值约1200万美元的长期半导体客户订单，提供电源模块部件和相关解决方案[3] - 公司目前的订单量与出货量比率为1.22，表明正在渡过HybridTech Armor®合同结束、供应链效率低下和人员招聘环境挑战的阶段[4] 资产负债情况 - 公司现金及现金等价物为4,689,004美元，较上年同期下降47.7%[12] - 公司应收账款净额为3,654,549美元，较上年同期下降16.8%[12] - 公司存货净额为4,433,412美元，较上年同期下降3.2%[12] - 公司固定资产净值为2,082,309美元，较上年同期增长33.5%[12] - 公司总资产为19,222,649美元，较上年同期下降11.0%[12] - 公司流动负债总额为3,678,327美元，较上年同期下降9.6%[12] - 公司总负债为3,773,604美元，较上年同期下降11.8%[12] - 公司股东权益为15,449,045美元，较上年同期下降10.8%[12][13]

CPS Technologies Corporation (CPSH) faced headwinds from contract completions and elevated operational expenses in third-quarter 2024. Shifts in customer demand and strategic adjustments weighed on the company’s performance, impacting revenues and profitability. However, with its third production shift fully operational and new contracts secured across key sectors, CPS Technologies is positioned for a rebound. Management is optimistic about the road ahead, focusing on leveraging recent developments in gover ...

Revenues of $100.6 million compared to $92.1 million in the prior year periodNet income of $4.8 million, or $0.20 per diluted shareTotal portfolio balance of $3.330 billion, highest in company historyNew contract purchases of $445.9 million, compared to $322.4 million in the prior year period LAS VEGAS, NV, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced earnings of $4.8 million, or $0.20 per diluted share, for its third quarter end ...

LAS VEGAS, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) ("CPS" or the "Company") today announced that it will hold a conference call on Friday, November 1, 2024 at 1:00 p.m. ET to discuss its third quarter 2024 operating results. Those wishing to participate can pre-register for the conference call at the following link https://register.vevent.com/register/BIaadcdbbe0a7849aa918eac85c86475ff. Registered participants will receive an email containing conference call detail ...

NORTON, Mass., Oct. 30, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corp. (NASDAQ:CPSH) ("CPS" or the "Company") today announced that it has received an award, valued at approximately $12 million, from a major, longstanding customer to provide power module components and related solutions. This agreement, though cancelable by either party, enables both parties to continue discussions about future volume and price requirements while near-term production needs are met. Deliveries are scheduled to take place ove ...

LAS VEGAS, NV, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) ("CPS" or the "Company"), a leader in providing indirect automobile financing to consumers, today announced the successful integration of Informed.IQ's Dealer Verify tool into its loan origination process. This advanced AI-driven solution enhances the dealer experience by automatically verifying stipulations, improving capture rates, and reducing contracts-in-transit. CPS has consistently focused on leveraging ...

CALGARY, Alberta, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Canadian Premium Sand Inc. ("CPS" or the "Company") (TSXV: CPS) announces that Chief Financial Officer, Cameron Deller will be leaving the Company to accept a new opportunity. CPS is pleased to announce the appointment of Isha Kular as Chief Financial Officer for the Company effective October 3, 2024. Ms. Kular returns to CPS from her previous role as Corporate Controller between 2019 and 2020. Cameron Deller, CFA, has held the position of CFO of the Comp ...

LAS VEGAS, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) ("CPS" or the "Company") announced the closing of its fourth term securitization in 2024 on Tuesday, September 17, 2024. The transaction is CPS's 53rd senior subordinate securitization since the beginning of 2011 and the 36th consecutive securitization to receive a triple "A" rating from at least two rating agencies on the senior class of notes. In the transaction, qualified institutional buyers purchased $416.82 ...

NORTON, Mass., Sept. 17, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) ("CPS" or the "Company") today announced that it has been awarded its second Phase II SBIR contract this year. This award, from the U.S. Department of Energy, will provide funding of $1.1 million over 24 months for CPS to continue its development effort for "Modular Radiation Shielding for Transportation and Use of Microreactors." The Company's Phase II effort will again be led by materials scientist Matthew Karnick ...