CPS Technologies achieved record Q3 revenue of $8.8 million, more than doubling year-over-year, driven by increased demand and successful operational efficiencies.

• Net income rose to over $200,000 ($0.01 per share), a significant improvement from a $1 million loss in the same quarter last year.
• The recent $15.5 million contract for power module components solidifies future revenue streams and reflects 16.5% expected growth year-over-year.
• A strategic secondary capital raise of $9.5 million is set to facilitate expansion with a move to a larger manufacturing facility, doubling usable floor space.
• Gross profit reached $1.5 million (17.1% margin), a notable shift from a loss of $0.5 million in Q3 2024, showcasing improved manufacturing efficiencies.