CPS Technologies Reaches Record 52-Week High Amid Strong Performance

Published 12 hours agoCPSH

CPS Technologies Reaches Record 52-Week High Amid Strong Performance

CPS Technologies Corporation has achieved a new 52-week high with its stock reaching $2.48 per share. This milestone comes following significant growth and key achievements, including record revenue and profitability in recent quarters. Reuters highlighted that the company reached an intraday high of $2.68, reflecting robust trading activity and investor interest.

The company posted a record $7.5 million in revenue for Q1 2025, marking a 27% increase from the previous year. This surge was fueled by strong demand for its AlSiC and hermetic packaging products. Notably, CPS Technologies also returned to profitability with a net income of $0.1 million, overturning a net loss from the same period in 2024. Additionally, operational improvements led to a gross margin of 16.4%, up from 15.3% a year earlier. Strategic initiatives were also bolstered by securing three new Phase I Army SBIR contracts.

CPS Technologies' diversified growth strategy has yielded impressive results, as evidenced by its Q1 performance which included record revenue achieved without contributions from its HybridTech Armor® business. These strategic moves and financial improvements demonstrate the company's resilience and adaptability in a competitive market, supporting its recent uptick in stock performance.

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