Overview
Advanced materials firm's fiscal Q4 revenue rose 39% yr/yr
Company reported improved gross margin of 14.6% vs. gross loss last year
Company won $15.5 mln follow-on order with semiconductor manufacturer
Outlook
Company plans to complete transition to larger facility by end of 2026
CPS expects strong revenue and margin expansion in 2026
Result Drivers
HIGHER PRODUCTION RATES - Revenue increase driven by greater production rates and increased shipments
PRODUCTION EFFICIENCIES - Improved gross margin due to higher sales and greater production efficiencies
SEMICONDUCTOR ORDER - $15.5 mln follow-on order with semiconductor manufacturer contributed to results
Company press release: ID:nGNX14bSWZ
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $8.2 mln | $7.89 mln (1 Analyst) |
Q4 Gross Margin | 14.6% | ||
Q4 Gross Profit | $1.2 mln |
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the electrical components & equipment peer group is "buy"
Wall Street's median 12-month price target for CPS Technologies Corp is $6.00, about 33.9% above its February 27 closing price of $4.48
The stock recently traded at 48 times the next 12-month earnings vs. a P/E of 37 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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.)
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