Overview

* CPS Q2 revenue rises to $8.1 mln from $5.0 mln yr/yr

* Company achieves 16.5% gross margin, reversing prior-year gross loss

* Operating profit of $0.1 mln vs. $1.3 mln operating loss last year

Outlook

* CPS expects strong revenue in the second half of 2025

* Company anticipates gross margin expansion and increased profitability

* CPS focuses on operational efficiency improvements in future quarters

Result Drivers

* STRONG DEMAND - Revenue increased to $8.1 mln due to strong demand for core product lines

* PRODUCTION EFFICIENCIES - Gross margin improved to 16.5% from a loss last year, attributed to greater production efficiencies

* SBIR CONTRACT - Secured fourth SBIR contract of the year, focusing on reducing weight of Amphibious Combat Vehicle for U.S. Marine Corps

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $8.10

Revenue mln

Q2 Net $100,000

Income

Q2 Gross 16.5%

Margin

Q2 Gross $1.30

Profit mln

Q2 $100,000

Operatin

g Income

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)