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CPS Announces Renewal of $200 Million Credit Facility
GlobeNewswire News Room· 2024-07-12 04:41
LAS VEGAS, Nevada, July 11, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) ("CPS" or the "Company") today announced that on July 11, 2024, it renewed its two-year revolving credit agreement with Citibank, N.A. Loans under the renewed credit agreement will be secured by automobile receivables that CPS now holds or will purchase from dealers in the future. CPS may borrow on a revolving basis through July 15, 2026, after which CPS will have the option to repay the outstanding loans i ...
CloudMD Completes Go-Private Transaction with CPS Capital
GlobeNewswire News Room· 2024-07-10 02:22
TORONTO, July 09, 2024 (GLOBE NEWSWIRE) -- CloudMD Software & Services Inc. (TSXV: DOC, Frankfurt: 6PH) (the "Company" or "CloudMD"), an innovative health services company transforming the delivery of care, and CPS Capital, an entrepreneurial investment firm partnering with businesses and teams to realize their growth goals, are pleased to announce the successful completion of the previously announced goprivate transaction (the "Transaction") pursuant to which, among other things CPS Capital (through an aff ...
CloudMD Securityholders Approve Go-Private Transaction with CPS Capital
GlobeNewswire News Room· 2024-06-27 23:11
TORONTO, June 27, 2024 (GLOBE NEWSWIRE) -- CloudMD Software & Services Inc. (TSXV: DOC, Frankfurt: 6PH) (the "Company" or "CloudMD"), an innovative health services company transforming the delivery of care, is pleased to announce that its securityholders approved the special resolution authorizing the previously announced plan of arrangement (the "Arrangement") with CPS Capital (through an affiliate) (the "Purchaser"). Pursuant to the Arrangement, the Purchaser will, among other things, acquire all of the i ...
CPS Announces $436.31 Million Senior Subordinate Asset-Backed Securitization
GlobeNewswire News Room· 2024-06-27 05:38
| --- | --- | --- | --- | --- | --- | --- | |------------|----------------------|---------------|-----------------------|-----------|---------------|--------------| | Note Class | Amount (in millions) | Interest Rate | Average Life (years) | Price | S&P's Rating | DBRS Rating | | A | $197.340 | 5.88% | 0.67 | 99.99551% | AAA | AAA | | B | $58.420 | 5.68% | 1.69 | 99.98558% | AA | AA | | C | $74.980 | 5.76% | 2.39 | 99.97978% | A | A | | D | $44.390 | 6.22% | 3.23 | 99.98085% | BBB | BBB | | E | $61.180 | 8. ...
CPS Technologies Corporation Announces Navy SBIR Phase II Award
Newsfilter· 2024-06-26 04:01
NORTON, Mass., June 25, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) ("CPS" or the "Company") today announced that it has been awarded a Phase II SBIR contract from the U.S. Navy Air Systems Command (NAVAIR). With funding of more than $1 million over 30 months, CPS will continue its development of novel metal matrix composites (MMCs) for thermal energy storage to address the requirements of NAVAIR's Advanced Anti-Radiation Guided Missile - Extended Range (AARGM-ER) program. During the ...
CPS Technologies Corporation Announces Navy SBIR Phase II Award
GlobeNewswire News Room· 2024-06-26 04:01
NORTON, Mass., June 25, 2024 (GLOBE NEWSWIRE) -- CPS Technologies Corporation (NASDAQ:CPSH) ("CPS" or the "Company") today announced that it has been awarded a Phase II SBIR contract from the U.S. Navy Air Systems Command (NAVAIR). With funding of more than $1 million over 30 months, CPS will continue its development of novel metal matrix composites (MMCs) for thermal energy storage to address the requirements of NAVAIR's Advanced Anti-Radiation Guided Missile - Extended Range (AARGM-ER) program. Safe Harbo ...
Independent Proxy Advisory Firms, ISS and Glass Lewis, Recommend CloudMD Shareholders Vote FOR the Proposed Go-Private Transaction with CPS Capital
GlobeNewswire News Room· 2024-06-18 05:32
Glass Lewis has also released a report recommending that Shareholders vote "FOR" the Arrangement. CloudMD Board Recommendation Please visit the Meeting page on CloudMD's website for complete details and links to all relevant documents ahead of the Meeting at investors.cloudmd.ca/events--presentations/special-meeting/. Special Meeting Details Securityholders who have questions or require assistance with voting may contact Laurel Hill Advisory Group, CloudMD's proxy solicitation agent and shareholder communic ...
CloudMD Announces Filing and Mailing of the Management Information Circular in Connection with the Proposed Go-Private Transaction with CPS Capital
GlobeNewswire News Room· 2024-06-04 03:56
Your vote is important no matter how many shares you hold. The Board of Directors of CloudMD unanimously recommends that Securityholders vote IN FAVOUR of the Arrangement Resolution. Questions or requests for voting assistance may be directed to Laurel Hill Advisory Group by telephone at 1.877.452.7184 or by email at assistance@laurelhill.com. TORONTO, June 03, 2024 (GLOBE NEWSWIRE) -- CloudMD Software & Services Inc. (TSXV: DOC, Frankfurt: 6PH) (the "Company" or "CloudMD"), is pleased to announce the notic ...
Canadian Premium Sand Inc. Announces Second Quarter 2024 Results
globenewswire.com· 2024-05-24 05:00
CALGARY, Alberta, May 23, 2024 (GLOBE NEWSWIRE) -- Canadian Premium Sand Inc. ("CPS" or the "Company") (TSXV: CPS) is pleased to announce its second quarter 2024 financial results. The Company's interim financial statements and notes thereto and Management's Discussion and Analysis for the three and six months ended March 31, 2024, are available under CPS's SEDAR+ profile. Highlights The Company devoted its time and resources during the three-month period ended March 31, 2024, to advancing its integrated pa ...
CPS Technologies(CPSH) - 2024 Q1 - Earnings Call Transcript
2024-05-06 10:54
财务数据和关键指标变化 - 第一季度收入为5.9亿美元,同比下降17%,主要受到生产限制和人员短缺的影响 [8][11] - 毛利润为0.9亿美元,毛利率为15.3%,同比下降16.3个百分点,主要由于销量下降和质量测试成本增加 [12] - 销售、一般及管理费用为1.2亿美元,同比下降25%,公司持续关注成本控制 [13] - 营业亏损为260万美元,上年同期盈利694万美元 [14] - 净亏损143万美元,上年同期净利459万美元 [14] 各条业务线数据和关键指标变化 - 装甲业务收入在第一季度为170万美元,预计未来几个季度将持续下降 [23][36] - 公司正在与Kinetic Protection合作,希望获得新的海军订单 [23] - 公司正在与另一客户合作,提供更高威胁等级的防弹保护 [24] - 公司获得了6个SBIR项目的资助,包括4个1期和2个2期,这些项目将为公司带来新的增长机会 [24][31] - 公司正在履行与一家跨国半导体制造商的长期供应协议,预计2024年内将完成该合同的产品交付 [35] 各个市场数据和关键指标变化 - 公司正在积极开发新的航空和国防市场,如微反应堆辐射屏蔽和轻质高强复合材料 [26][29][30][53][54] - 公司的5轴加工能力将提高对航空航天和国防客户的响应能力 [41][44] - 公司的纤维增强铝复合材料将为直升机等航空应用提供轻质高强的解决方案 [42][44] 公司战略和发展方向及行业竞争 - 公司正在投资新的工程师和材料科学家,以提高技术实力和客户响应能力 [18][19] - 公司与Triton Systems签订了纤维增强铝复合材料的制造许可协议,将拓展产品组合 [20][21][58][59] - 公司获得了麻省制造业加速计划的资助,购买5轴CNC机床以提高生产能力 [22] - 公司正在积极参与SBIR项目,获得了较高的中标率,这些项目将带来新的增长机会 [32][33][34] - 公司正在努力开发新产品和新技术,以应对Armor业务下降的影响,预计可弥补一半的收入缺口 [36] 管理层对经营环境和未来前景的评论 - 公司认为人员短缺和质量问题是暂时的,预计未来几个季度将得到改善 [51][75] - 公司对Armor业务的新订单持谨慎乐观态度,并正在积极开发其他市场机会 [23][36][64] - 公司对纤维增强铝复合材料和辐射屏蔽技术的前景感到兴奋,认为这些新技术将带来重大商机 [20][21][26][29][30] - 公司预计2024年全年可实现盈利,但利润水平将低于上年 [67] 问答环节重要的提问和回答 问题1 **Unidentified Analyst 提问** 询问公司首先可以推出哪些新产品,以及预计2024年可产生的收入 [40] **Brian Mackey 回答** 公司将首先推出5轴加工能力,以提高对客户的响应能力和成本竞争力,这将带来近期的收入增长 [41][42] 纤维增强铝复合材料将在2025-2026年带来更大的收入机会 [42][43] 问题2 **Unidentified Analyst 提问** 询问公司对辐射屏蔽技术的成本优势 [52] **Brian Mackey 回答** 该技术可以大幅降低重量,从而提高微反应堆的功率密度,同时也可以显著降低建筑物的建造成本 [53][54][55] 问题3 **Unidentified Analyst 提问** 询问公司业务部门的收入占比是否会发生变化 [61] **Charles Griffith 和 Brian Mackey 回答** 装甲业务收入占比短期内会下降,但公司正在积极开发新的机会,有望将其恢复到之前的水平 [62][63][64]