CPS Technologies Corporation Releases Transcript of Q1 2025 Earnings Call

Reuters
05-03
CPS Technologies Corporation Releases Transcript of Q1 2025 Earnings Call

CPS Technologies Corporation recently held its First Quarter 2025 Earnings Call on May 1, 2025, at 9:00 am ET. The event featured key company figures, including Chief Financial Officer Charles Griffith, President and CEO Brian Mackey, and Investor Relations Advisor Chris Witty. During the call, CPS Technologies reported a positive financial outlook for the year ahead. Brian Mackey highlighted that "as production climbs and efficiencies increase, our margins will continue to expand through the remainder of the year." This optimism is bolstered by strong demand for CPS products and new market opportunities, which Mackey believes will lead to a record year for revenue. Sales increased year-over-year, largely due to strong ongoing contracts, enhanced production output, and recent SBIR awards, despite no sales of HybridTech Armor. The company is optimistic about continued growth, with Mackey stating, "we are well on our way to a record year for revenue for CPS Technologies." The full transcript can be accessed through the link below.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CPS Technologies Corporation published the original content used to generate this news brief on May 02, 2025, and is solely responsible for the information contained therein.

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