CPS Technologies Corporation (CPSH) Q3 2024 Earnings Call Transcript Summary
CPS Technologies Corporation (CPSH) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the CPS Technologies Corporation (CPSH) Q3 2024 Earnings Call Transcript:
以下是CPS Technologies公司(CPSH)2024年第三季度業績會交流內容總結:
Financial Performance:
金融業績:
CPS Technologies reported Q3 revenue of $4.2 million, down from $6.3 million last year due to the end of the U.S. Navy Armor contract and decreased purchases from another major customer.
Reported a gross loss of $0.5 million or about -12% of sales, compared to a gross profit of $1.2 million or 20% of sales last year, influenced by reduced manufacturing efficiencies and costs associated with third shift startup.
Operating loss was $1.5 million, a decline from an operating income of $0.1 million last year.
Net loss stood at $1.0 million or $0.07 per share, compared to a net income of $0.2 million or $0.01 per diluted share in the previous year.
由於美國海軍裝甲合同結束以及來自另一大客戶採購減少,CPS Technologies報告第三季度營業收入爲420萬美元,較去年的630萬美元有所下降。
報告顯示50萬美元的毛虧損,約佔銷售額的-12%,相比去年120萬美元的毛利潤,佔銷售額的20%,這主要受到降低的製造效率和與第三班啓動相關的成本影響。
運營虧損爲150萬美元,較去年10萬美元的運營收入下降。
淨虧損爲100萬美元,每股0.07美元,相比前一年每股淨利潤20萬美元,每股0.01美元。
Business Progress:
業務進展:
Establishment of a third manufacturing shift to improve production rates and output.
Secured a new $12 million contract with an existing semiconductor customer expected to boost revenue in fiscal 2025.
Received a $200,000 contract from the U.S. Navy for development using Metal Matrix Composite Solutions.
Recent completion of a third manufacturing shift and winning several new contracts, including those with the Department of Energy and a key semiconductor customer, show positive momentum into fiscal 2025.
設立第三個製造班次以提高生產速率和產量。
獲得一項新的1200萬美元合同,預計將提升2025財年的營業收入。
收到美國海軍價值20萬美元的合同,用於金屬基複合材料解決方案的開發。
最近完成了第三個製造班次,並贏得了幾項新合同,包括與能源部和一家重要的半導體客戶的合同,顯示了對2025財年的正面勢頭。
Opportunities:
機會:
New contracts and expanded manufacturing capabilities present significant growth potential into fiscal 2025.
Opportunities in Fiber Reinforced Aluminum and high-strength, lightweight applications in aerospace and defense industries as well as other sectors like high-speed rail and wind turbines.
新合同和擴大的製造能力爲2025財年帶來了重要的增長潛力。
鋁增強纖維以及航空航天和國防產業中的高強度、輕量化應用,以及其他領域的機會,例如高鐵和風力渦輪機。
Risks:
風險:
Continued impact from the termination of the U.S. Navy Armor contract affecting revenue generation negatively.
High dependency on new and follow-on contracts which may face uncertainties such as cancellation.
美國海軍裝甲合同的終止持續影響營收,產生了負面影響。
高度依賴新合同和續約合同,可能面臨取消等不確定性。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。
譯文內容由第三人軟體翻譯。