CPS Technologies Reports Y/Y Earnings & Revenue Declines in Q3
CPSHCPS Technologies(CPSH) ZACKS·2024-11-02 01:56

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 ...