Overview
* CPS fiscal Q3 revenue more than doubles yr/yr to $8.8 mln
* Company achieves 17.1% gross margin, reversing prior-year gross loss
* CPS announces $15.5 mln contract with semiconductor manufacturer post-Q3
Outlook
* Company secured $15.5 mln contract with semiconductor manufacturer starting October 2025
* Company plans to expand production capabilities with $9.5 mln from public offering
Result Drivers
* STRONG DEMAND - Revenue more than doubled due to continued strong demand for core product lines
* PRODUCTION EFFICIENCIES - Gross profit improved due to higher sales and greater production efficiencies
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 $8.80
Revenue mln
Q3 EPS $0.01
Q3 Net $200,000
Income
Q3 Gross 17.10%
Margin
Q3 Gross $1.50
Profit mln
Q3 $300,000
Operatin
g Income
Press Release:
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(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.)