CPSH Earnings Prediction
The chart below shows how CPSH performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CPSH sees a -0.05% change in stock price 10 days leading up to the earnings, and a -8.24% change 10 days following the report. On the earnings day itself, the stock moves by -0.88%. This data can give you a slight idea of what to expect for the next quarter's release.
CPSH Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
--
--
--
Gross Margin
--
--
--
Operating Margin
--
--
--
Net Margin
--
--
--
EPS
--
--
--
No Data Available
CPSH Earnings Analysis
CPS Technologies Corp Corporation (CPSH.O) Earnings Conference Call
Positive
Fourth Quarter Revenue Surge: Fourth quarter revenue for CPS was $5.9 million, showing a significant increase relative to the third quarter of 2024 due to increased customer shipments and expanded production capacity.
Strong Customer Demand: The company is experiencing strong customer demand, particularly for power module components and related solutions, which is expected to continue into fiscal 2025.
SBIR Awards and Product Expansion: CPS has received several SBIR awards, indicating progress in product development and expansion of their product portfolio in response to customer demand.
Contract Fulfillment Impact: The company is fulfilling a $13.3 million contract with a semiconductor manufacturer, which is expected to enhance revenue and production capacity.
Machining Capability Expansion: CPS has successfully added internal 5-axis machining capability, which is expected to expand sales opportunities for existing product lines.
First Commercial Order Milestone: The company has received its first commercial order for radiation shielding, marking a significant milestone and endorsement of their technology.
Manufacturing Capabilities Development: CPS has established manufacturing capabilities for fiber reinforced aluminum (FRA) and is progressing discussions with potential customers, particularly in aerospace applications.
New Development Contracts Won: The company has won multiple new externally funded development contracts, including three Phase-1 contracts with the U.S. Army, showcasing their innovative technologies and responsiveness to customer needs.
Rocket Motor Composites Development: CPS is developing composites for rocket motor cases funded by the U.S. Naval Air Systems Command, highlighting their unique capabilities in demanding environments.
Shipment Volume and Efficiency Growth: The company expects continued high shipment volumes and improving bottom line results as production stabilizes and efficiencies improve.
Negative
Revenue Decline Analysis: Revenue decreased from $6.7 million in Q4 2023 to $5.9 million in Q4 2024, primarily due to the fulfillment of the U.S. Navy armor contract earlier in the year.
Operating Loss Comparison: The company reported an operating loss of $1.3 million in Q4 2024 compared to an operating income of $0.1 million in Q4 2023.
Gross Loss Comparison: Gross loss in Q4 2024 was $0.3 million, or approximately negative 4.6% of sales, compared to a gross profit of $1.1 million, or 17% of sales, in the previous year.
Nonrecurring Cost Impact: Nonrecurring costs incurred in Q4 2024 totaled nearly $600,000, impacting overall profitability due to excess material costs and additional labor expenses.
Quarterly Net Loss: Net loss for Q4 2024 was $1 million, or $0.07 per share, compared to a net income of $0.2 million, or $0.01 per diluted share, in Q4 2023.
Liquidity Decline: Cash and marketable securities decreased from $8.8 million at the start of 2024 to $3.3 million by the end of the year, indicating a significant reduction in liquidity.
Accounts Receivable Increase: Trade accounts receivable increased slightly from $4.4 million to $4.9 million, suggesting potential cash flow issues as revenue declined.
Inventory Management Challenges: Inventories decreased from $4.6 million at the start of the fiscal year to $4.3 million at the end of Q4 2024, indicating potential challenges in inventory management.
CPSH FAQs
How does CPSH typically perform around its earnings report dates?
Is CPS Technologies Corp (CPSH) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
CPSH Earning Call Sentiment
CPS Technologies Corporation (NASDAQ:CPSH) Q4 2024 Earnings Call Transcript
CPSH.O
-4.76%Positive
The earnings call highlighted several negative aspects, including a net loss, reduced revenue, and increased operational costs. The Q&A session revealed management's inability to provide clear guidance on future revenue streams, raising concerns about market demand and competitive pressures. With a lack of a share repurchase program and declining cash reserves, the financial outlook remains bleak. These factors suggest a negative stock price movement over the next two weeks.
