CPS Technologies Corporation (CPSH) Q3 2024 Earnings Call Transcript Summary
CPS Technologies Corporation (CPSH) Q3 2024 Earnings Call Transcript Summary
Operating loss was $1.5 million, a decline from an operating income of $0.1 million last year.The following is a summary of the CPS Technologies Corporation (CPSH) Q3 2024 Earnings Call Transcript:
以下是CPS Technologies公司（CPSH）2024年第三季度业绩会交流内容总结：
Financial Performance:
金融业绩：
CPS Technologies reported Q3 revenue of $4.2 million, down from $6.3 million last year due to the end of the U.S. Navy Armor contract and decreased purchases from another major customer.
Reported a gross loss of $0.5 million or about -12% of sales, compared to a gross profit of $1.2 million or 20% of sales last year, influenced by reduced manufacturing efficiencies and costs associated with third shift startup.
Operating loss was $1.5 million, a decline from an operating income of $0.1 million last year.
Net loss stood at $1.0 million or $0.07 per share, compared to a net income of $0.2 million or $0.01 per diluted share in the previous year.
由于美国海军装甲合同结束以及来自另一大客户采购减少，CPS Technologies报告第三季度营业收入为420万美元，较去年的630万美元有所下降。
报告显示50万美元的毛亏损，约占销售额的-12%，相比去年120万美元的毛利润，占销售额的20%，这主要受到降低的制造效率和与第三班启动相关的成本影响。
运营亏损为150万美元，较去年10万美元的运营收入下降。
净亏损为100万美元，每股0.07美元，相比前一年每股净利润20万美元，每股0.01美元。
Business Progress:
业务进展：
Establishment of a third manufacturing shift to improve production rates and output.
Secured a new $12 million contract with an existing semiconductor customer expected to boost revenue in fiscal 2025.
Received a $200,000 contract from the U.S. Navy for development using Metal Matrix Composite Solutions.
Recent completion of a third manufacturing shift and winning several new contracts, including those with the Department of Energy and a key semiconductor customer, show positive momentum into fiscal 2025.
设立第三个制造班次以提高生产速率和产量。
获得一项新的1200万美元合同，预计将提升2025财年的营业收入。
收到美国海军价值20万美元的合同，用于金属基复合材料解决方案的开发。
最近完成了第三个制造班次，并赢得了几项新合同，包括与能源部和一家重要的半导体客户的合同，显示了对2025财年的正面势头。
Opportunities:
机会：
New contracts and expanded manufacturing capabilities present significant growth potential into fiscal 2025.
Opportunities in Fiber Reinforced Aluminum and high-strength, lightweight applications in aerospace and defense industries as well as other sectors like high-speed rail and wind turbines.
新合同和扩大的制造能力为2025财年带来了重要的增长潜力。
铝增强纤维以及航空航天和国防产业中的高强度、轻量化应用，以及其他领域的机会，例如高铁和风力涡轮机。
Risks:
风险：
Continued impact from the termination of the U.S. Navy Armor contract affecting revenue generation negatively.
High dependency on new and follow-on contracts which may face uncertainties such as cancellation.
美国海军装甲合同的终止持续影响营收，产生了负面影响。
高度依赖新合同和续约合同，可能面临取消等不确定性。
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。文章内容的准确性无法完全保证。有关更全面的详细信息，请参阅IR网站。本文只是为投资者提供参考，没有任何指导或推荐建议。
