CPS Technologies Corporation Announces Second Quarter 2024 Financial Results
CPSHCPS Technologies(CPSH) Newsfilter·2024-08-01 05:22

NORTON, Mass., July 31, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) ("CPS" or the "Company") today announced financial results for the fiscal second quarter ended June 29, 2024. Second Quarter Summary Revenue of 5.0millionforthesecondquarterof2024versus5.0 million for the second quarter of 2024 versus 7.4 million in the prior-year period, reflecting lower overall shipments due to the end of the Company's HybridTech Armor® contract with Kinetic Protection for the US Navy Gross margin of (4.6) percent versus 29.6 percent in ...