CPS Technologies Corp Q1 2024 Earnings Call Transcript - Thomson StreetEvents

CPS Technologies Corp Q1 2024 Earnings Call Transcript

CPS Technologies Corp Q1 2024 Earnings Call Transcript - Thomson StreetEvents
CPS Technologies Corp Q1 2024 Earnings Call Transcript
Published May 02, 2024
10 pages (6045 words) — Published May 02, 2024
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Abstract:

Edited Transcript of CPSH.OQ earnings conference call or presentation 2-May-24 1:00pm GMT

  
Brief Excerpt:

...Operator Good morning, everyone, and welcome to the CPS Technologies First Quarter Earnings Call. (Operator Instructions) It is now my pleasure to turn the floor over to your host, Chuck Griffith of CPS Technologies. Chuck, over to you. Charles Griffith ...

  
Report Type:

Transcript

Source:
Company:
CPS Technologies Corp
Ticker
CPSH.OQ
Time
1:00pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Greg Weaver - Invicta Capital Management LLC - Analyst : Brian, Chuck, just a quick question. So the 5-axis tool, the press release has it as an award. So that money was an award, not a loan, right?


Question: Greg Weaver - Invicta Capital Management LLC - Analyst : Okay. Great. That's great. And on the testing constraints you referenced, right, you're trying to make sure the parts are good before you ship them out -- is that a temporary situation? Or is that an ongoing thing now just in line just to be sure? And are you buying more equipment to help use the bottleneck there? It sounds like it's a bottleneck.


Question: Greg Weaver - Invicta Capital Management LLC - Analyst : Okay. Great. And in the just reported quarter, how large was the Armor revenue -- roughly, the Armor revenue was between -- it was $1.7 million, maybe something like that. Okay. And that's basically 0 in the current quarter?


Question: Greg Weaver - Invicta Capital Management LLC - Analyst : Okay. We'll be gone by Q3. So what should I think about then in terms of gross margin because as I recollect the Armor business was a nice adder, but you had tier with $1.7 million of ARM or you had 15% gross margin, right?


Question: Greg Weaver - Invicta Capital Management LLC - Analyst : Even at a lower run rate.


Question: Greg Weaver - Invicta Capital Management LLC - Analyst : Okay. That will do it for me now hopefully, you can catch up the next week at the Siduri. Bye.

Table Of Contents

CPS Technologies Corp Q1 2025 Earnings Call Transcript – 2025-05-01 – US$ 106.00 – Edited Transcript of CPSH.OQ earnings conference call or presentation 1-May-25 1:00pm GMT

CPS Technologies Corp Q4 2024 Earnings Call Transcript – 2025-03-13 – US$ 54.00 – Edited Transcript of CPSH.OQ earnings conference call or presentation 13-Mar-25 1:00pm GMT

CPS Technologies Corp at Investor Summit Microcap Event (Virtual) Transcript – 2024-11-21 – US$ 54.00 – Edited Transcript of CPSH.OQ corporate analyst meeting</ 21-Nov-24 9:00pm GMT

CPS Technologies Corp Q3 2024 Earnings Call Transcript – 2024-10-31 – US$ 54.00 – Edited Transcript of CPSH.OQ earnings conference call or presentation 31-Oct-24 1:00pm GMT

CPS Technologies Corp Q3 2023 Earnings Call Transcript – 2023-11-02 – US$ 54.00 – Edited Transcript of CPSH.OQ earnings conference call or presentation 2-Nov-23 1:00pm GMT

CPS Technologies Corp Q2 2023 Earnings Call Transcript – 2023-08-03 – US$ 54.00 – Edited Transcript of CPSH.OQ earnings conference call or presentation 3-Aug-23 1:00pm GMT

CPS Technologies Corp at Sidoti & Company May Micro-Cap Virtual Conference Transcript – 2023-05-11 – US$ 54.00 – Edited Transcript of CPSH.OQ presentation 11-May-23 2:45pm GMT

CPS Technologies Corp Q1 2023 Earnings Call Transcript – 2023-05-04 – US$ 54.00 – Edited Transcript of CPSH.OQ earnings conference call or presentation 4-May-23 8:30pm GMT

CPS Technologies Corp Q4 2022 Earnings Call Transcript – 2023-03-07 – US$ 54.00 – Edited Transcript of CPSH.OQ earnings conference call or presentation 7-Mar-23 9:30pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "CPS Technologies Corp Q1 2024 Earnings Call Transcript" May 02, 2024. Alacra Store. May 11, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2024-CPS-Technologies-Corp-Earnings-Call-T15976839>
  
APA:
Thomson StreetEvents. (2024). CPS Technologies Corp Q1 2024 Earnings Call Transcript May 02, 2024. New York, NY: Alacra Store. Retrieved May 11, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2024-CPS-Technologies-Corp-Earnings-Call-T15976839>
  
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