Shares of CPS Technologies Corporation (CPSH) have lost 20.5% since reporting results for the third quarter of 2025. This compares to the S&P 500 index’s 0.6% decline over the same period. Over the past month, the stock has fallen 7.2% against the S&P 500’s 1.9% growth, as investors reacted to the company’s quarterly results and near-term guidance.CPS Technologies reported record third-quarter 2025 revenues of $8.8 million, more than doubling the $4.2 million posted in the year-ago quarter, reflecting robus ...

FOR RELEASE: IMMEDIATE CPS Technologies Announces Third Quarter 2025 Financial Results Exhibit 99.1 The Company will be hosting its third quarter 2025 earnings call tomorrow, October 30, 2025, at 9:00 a.m. Eastern. Those interested in participating in the conference call should dial the following: Call in Number: 1-844-943-2942 Participant Passcode: 587233 Record Sales of $8.8 Million; On Track for Best Revenue Year in Company History Norton, Massachusetts – October 29, 2025 – CPS Technologies Corporation ( ...

Financial Data and Key Metrics Changes - CPS Technologies Corporation reported record revenue of $8.8 million for Q3 2025, more than doubling from $4.2 million in Q3 2024, representing a 9% growth compared to Q2 2025 [22][24] - Gross profit for the quarter was $1.5 million, approximately 17.1% of sales, compared to a gross loss of $0.5 million last year [24] - The company posted an operating profit of about $276,000 in Q3 2025, compared to an operating loss of approximately $1.5 million in Q3 2024 [25] - Net income was just over $200,000, or $0.01 per share, versus a net loss of about $1 million, or $0.07 per share, in Q3 2024 [26] Business Line Data and Key Metrics Changes - The company announced a new contract valued at approximately $15.5 million for power module components, reflecting a 16.5% year-over-year increase in value [46][48] - CPS Technologies is executing three Phase II SBIR programs simultaneously, indicating growth in federally funded research contracts [16][38] Market Data and Key Metrics Changes - Trade accounts receivable totaled $5.4 million as of September 27, 2025, compared to $4.9 million at the beginning of the fiscal year [27] - Inventories rose to $5.4 million at the end of Q3 2025, reflecting increased production and customer demand compared to $4.3 million at the start of the fiscal year [27] Company Strategy and Development Direction - The company plans to move to a larger manufacturing facility to accommodate increased production levels and meet rising demand [27][32] - CPS Technologies aims to improve operational efficiencies and gross margins while expanding its product development capabilities [25][40] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future growth, citing strong demand and a robust pipeline of contracts, despite potential disruptions from the government shutdown [96][118] - The outlook for fiscal 2026 is expected to remain strong, with continued focus on new product development and market expansion [45][116] Other Important Information - The company completed a successful secondary public offering that raised over $9.5 million in net proceeds, aimed at supporting the planned move to a new manufacturing facility [16][27] - CPS Technologies has received increasing interest from various federal agencies for its technology, indicating a growing market for its products [83][85] Q&A Session Summary Question: Insights on potential players in the power module space - Management noted growth across various customer segments, with both large and medium customers increasing orders, and new customers being added to the portfolio [135][140] Question: Plans for the move to a new facility - The company is developing detailed plans for a staged move, including building up inventory to mitigate disruptions during the transition [141][145] Question: Revenue recognition for the new contract - Revenue from the new contract is expected to be stable throughout the contract term, with inventory built up to ensure no interruptions for the customer during the move [162][165] Question: Impact of the federal government shutdown - The shutdown has had minimal disruption on funded contracts, with ongoing work continuing as planned, although there may be delays in new proposals [96][168] Question: Opportunities for Almax material - Management highlighted the potential for Almax material in various applications, with ongoing discussions to validate material performance and adoption processes [184][203]

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NORTON, Mass., Oct. 29, 2025 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced financial results for the fiscal third quarter ended September 27, 2025. Third Quarter Highlights Revenue of $8.8 million, more than doubling the $4.2 million in revenue from the prior-year period, reflecting continued strong demand for the Company’s core product lines; this represents the Company’s third consecutive quarter of record revenue.Gross margin of 17.1 percent versu ...

RAHWAY, N.J.--(BUSINESS WIRE)---- $MRK #MRK--Merck (NYSE: MRK), known as MSD outside of the United States and Canada, today announced that the European Commission (EC) has approved KEYTRUDA® (pembrolizumab), Merck's anti-PD-1 therapy, as monotherapy for the treatment of resectable locally advanced head and neck squamous cell carcinoma (LA-HNSCC) as neoadjuvant treatment, continued as adjuvant treatment in combination with radiation therapy with or without concomitant cisplatin and then as monotherapy in adu ...

Core Insights - CPS Technologies Corp. has secured a contract worth approximately $15.5 million from a multinational semiconductor manufacturer, marking a significant business expansion [1][2] - The contract represents a 16.5% year-over-year increase in business from this customer, driven by rising demand for CPS' high-performance solutions [2] - The components will be utilized in systems for high-speed rail and energy infrastructure, indicating CPS' involvement in critical sectors [2][3] Company Performance and Strategy - The CEO of CPS, Brian Mackey, expressed optimism regarding the company's aluminum silicon carbide product line and highlighted the growing demand across industrial, energy, and mobility sectors [3] - The new contract reflects the strength of CPS' customer relationships and its expanding role in next-generation technologies, supporting the company's strategic focus on electrification and energy solutions [3] - CPS plans to relocate to a larger production facility, facilitated by a recent capital raise, to enhance operational efficiency and support future growth [3] Company Overview - CPS is recognized as a leader in high-performance materials solutions, addressing needs in various applications such as electric trains, wind turbines, hybrid vehicles, and smart electric grids [4] - The company is committed to innovation and aims to support the transition to clean energy through its advanced materials and technologies [4] - CPS articulates its vision to pioneer next-generation materials and tackle significant engineering challenges [4]

Core Points - CPS Technologies Corp. has successfully closed a public offering of 3,000,000 shares at a price of $3.00 per share, with gross proceeds of approximately $10.35 million before expenses [1][2] - The underwriter, Roth Capital Partners, exercised an over-allotment option for an additional 450,000 shares [1] - The net proceeds will be used for general corporate purposes, including working capital, capital expenditures, and expanding production capacity [1] Company Overview - CPS Technologies specializes in high-performance material solutions for various applications, including electric vehicles, wind turbines, and military ships [5] - The company aims to pioneer the next generation of high-performance materials and address significant engineering challenges [5]

Core Points - CPS Technologies Corp. announced a public offering of 3,000,000 shares of common stock at a price of $3.00 per share, aiming for gross proceeds of approximately $9.0 million before expenses [1][2] - The net proceeds will be used for general corporate purposes, including working capital, capital expenditures, and repayment of existing debt [1] - Roth Capital Partners is the sole book-running manager for the offering, which is expected to close on or about October 8, 2025, subject to customary conditions [2] Company Overview - CPS Technologies Corp. specializes in high-performance material solutions for various applications, including electric vehicles, wind turbines, and military ships [5] - The company focuses on innovation and aims to support the transition to clean energy through its advanced materials [5] - CPS's products are utilized in critical sectors such as aerospace, 5G infrastructure, and ballistic protection [5]

Core Viewpoint - CPS Technologies Corp. plans to offer shares of its common stock in an underwritten public offering, with a potential 45-day option for underwriters to purchase an additional 15% of the shares offered [1][2]. Company Overview - CPS Technologies Corp. is a leader in technology and manufacturing, focusing on high-performance material solutions for various applications, including electric trains, wind turbines, hybrid and electric vehicles, Navy ships, and 5G infrastructure [5]. - The company aims to pioneer the next generation of high-performance materials and address significant engineering challenges, particularly in the transition to clean energy [5]. Offering Details - Roth Capital Partners is the sole book-running manager for the offering, and a shelf registration statement was filed with the SEC on September 20, 2024, and declared effective on October 17, 2024 [2]. - A preliminary prospectus supplement and accompanying prospectus will be filed with the SEC, and copies will be available through Roth Capital Partners or the SEC's website [3].