CPS Technologies Corporation announced that it has received an award, valued at approximately $7.7 million, from a major, longstanding customer to provide power module components and related solutions. Deliveries will take place over a twelve-month period starting in the fourth quarter of this year, with the contract representing a 50% increase over the prior four quarters. The systems will be employed primarily in high-speed rail, wind turbines and EV/HEV applications, and the client company is a multinational semiconductor manufacturer based overseas.
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1.74 USD | +0.58% | -3.33% | -25.96% |
May. 02 | Transcript : CPS Technologies Corporation, Q1 2024 Earnings Call, May 02, 2024 | |
May. 01 | Earnings Flash (CPSH) CPS TECHNOLOGIES Posts Q1 Revenue $5.9M | MT |
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-25.96% | 25.12M | |
+5.56% | 150B | |
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+35.89% | 128B | |
+9.15% | 60.91B | |
+1.92% | 38.55B | |
+102.50% | 34.82B | |
+4.66% | 32.09B | |
-10.66% | 31.4B | |
+24.83% | 27.26B |
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