BeaconEquity.com announces the publication of an article covering CPS Technologies’ announcement of its financial results for fiscal 2008, with revenue up for all of its products except basestations.
Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m
In the article the author writes:
“CPS Technologies Corp. (OTCBB: CPSH), an advanced material solutions to the electronics, robotics and automotive markets worldwide, recently announced its financial results for fiscal 2008 ended December 27, 2008. … Revenue for the full fiscal year of 2008 reached $14.8 million, up approximately 19% from last year revenue of $12.4 million. The Norton, Mass.-based company reported net income of $1.5 million, or 12 cents per common share, from $949,000 reported last year, or 8 cents per common share.”
CPS Technologies’ revenue up for all products except basestations:
“The company notes that revenue for all of its products except its basestations were up, with basestations expected to near its end-of-life stage of the product’s life cycle. Revenue for flip-chip heatspreaders and baseplates for telecommunications and military applications were up. Sales of the company’s motor controller components for hybrid and electric cars rose strongly as the new technology debuted successfully in this market. Fourth-quarter revenues were reported for the company’s Cooperative Agreement with the Army Research Laboratory.”
To read the entire article visit http://www.beaconequity.com/m
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Source: BeaconEquity.com
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