Ceramic Industry News

CPS Announces Third Quarter 2001 Results

November 7, 2001
/ Print / Reprints /
/ Text Size+
Ceramics Process Systems Corp. (CPS) recently announced net income of $205 thousand, or $0.02 per basic and diluted share, on revenue of $1.3 million for the fiscal quarter ended September 29, 2001. These results compare with a net loss of $298 thousand, or $0.02 per basic and diluted share, on revenue of $1.1 million for the fiscal quarter ended September 20, 2000. Grant Bennett, president, said, "Comparing Q3 2001 to the same period a year ago, revenues increased 25%; comparing Q3 to Q2 of this year, revenues increased 57%. We have been focused for some time on broadening our customer base and moving products through qualification into production at our customers and we are beginning to see the benefits of these efforts. The increase in revenues in Q3 from Q2 of this year is the result of 1) certain prototype products which have been in qualification were released for production by our customers in Q3, and, 2 ) several customers who had put orders for existing products on hold earlier this year released orders for shipment beginning in Q3."

For additional information, call (508) 222-0614 ext. 18, e-mail gbennet@alsic.com or http://www.alsic.com.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

June 2014 Issue Highlights

Our June 2014 issue is now available!


Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI September 2014 cover

2014 September

You won't want to miss the CI Top 10, traditionally our most popular article of the year!

Table Of Contents Subscribe


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!


facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px