Earnings Call Summary | CPS Technologies(CPSH.US) Q1 2024 Earnings Conference
Earnings Call Summary | CPS Technologies(CPSH.US) Q1 2024 Earnings Conference
The following is a summary of the CPS Technologies Corporation (CPSH) Q1 2024 Earnings Call Transcript:
以下是CPS Technologies Corporation(CPSH)2024年第一季度業績電話會議記錄的摘要:
Financial Performance:
財務業績:
CPS Technologies reported Q1 2024 revenue of $5.9 million, down from $7.1 million last year, due to production constraints and labor shortages.
The company posted a net loss of $143,000 or $0.01 per share, due to non-revenue-producing spending and lower sales volumes.
The gross profit was $0.9 million or approximately 15.3% of sales, down from 31.6% last year despite lower SG&A expenses.
Despite a strong cash position, CPS Technologies anticipates a more narrow profit and may potentially face a non-profitable year under certain adverse circumstances.
CPS Technologies報告稱,由於生產限制和勞動力短缺,2024年第一季度收入爲590萬美元,低於去年的710萬美元。
由於非創收支出和銷售量減少,該公司公佈淨虧損14.3萬美元,合每股虧損0.01美元。
儘管銷售和收購費用有所減少,但毛利爲90萬美元,約佔銷售額的15.3%,低於去年的31.6%。
儘管現金狀況強勁,但CPS Technologies預計利潤將更加狹窄,在某些不利情況下可能會面臨無利可圖的一年。
Business Progress:
業務進展:
CPS staff has been beefed up with more engineers and material scientists, and new product introductions are imminent.
The manufacturing initiative for Fiber Reinforced Aluminum (FRA) is progressing with plans for market trials.
CPS is on schedule with providing power module components and systems for a multinational semiconductor manufacturer.
The company has also seen growth opportunity in hermetic packaging, with seven of the eight first articles produced coming from this sector.
CPS received a matching funds award for the purchase of a key manufacturing machine, evidencing continued investment in job generation and infrastructure development.
隨着越來越多的工程師和材料科學家,CPS的員工隊伍得到了加強,新產品即將推出。
纖維增強鋁(FRA)的製造計劃正在取得進展,並計劃進行市場試驗。
CPS 按計劃爲一家跨國半導體制造商提供功率模塊組件和系統。
該公司還看到了密封包裝的增長機會,首批生產的八種產品中有七種來自該行業。
CPS因購買一臺關鍵製造機器而獲得了相應的資金獎勵,這證明了對創造就業機會和基礎設施發展的持續投資。
More details: CPS Technologies IR
更多詳情: CPS 科技 IR
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:本文由 AI 生成。無法完全保證內容的準確性。欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。