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0.00658914728682167 0.00775193798449613 0.00775193798449613 0.00775193798449613 0.0155038759689923 0.0206976744186046 0.0206976744186046 0.0465116279069768
Stock impact report

CPS Technologies Corporation Announces Third Quarter 2018 Results

CPS Technologies Corp. (CPSH) 
US:NASDAQ Investor Relations: alsic.com/investors
Company Research Source: GlobeNewswire
NORTON, Mass., Oct. 31, 2018 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) today announced revenues of $6.1 million and a net loss of $14 thousand for the quarter ended September 29, 2018.  This compares with revenues of $4.2 million and net income of $13 thousand for the quarter ended September 30, 2017. Revenues for the nine months ended September 29, 2018 were $15.5 million compared with revenues of $10.8 million for the corresponding period a year ago, an increase of 44%.  The net loss for the nine-month period in 2018 totaled $845 thousand compared with a net loss of $924 thousand for the first nine months of 2017. Grant Bennett, President and CEO, commented, “A year ago we embarked on a strategy to become the dominant supplier of baseplates for high power modules.  This strategy involved aggressive pricing, two-year sourcing agreements and, in the case of one large European customer, assuming responsibility for the vendor plating their baseplates.  While the Show less Read more
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