Ceramics Process Systems announces first quarter results.CHARTLEY, Mass.--(BUSINESS WIRE)--May 23, 1996--Ceramics Process Systems Corp. (CPS (1) (Characters Per Second) The measurement of the speed of a serial printer or the speed of a data transfer between hardware devices or over a communications channel. CPS is equivalent to bytes per second. ) (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :CPSX) today announced a net loss of $198 thousand, or $0.03 per share, on revenue of $386 thousand for the fiscal quarter ended March 30, 1996. This compares with a net loss of $231 thousand, or $0.03 per share, on revenue of $403 thousand for the fiscal quarter ended April 1, 1995. The total interest cost charged to the company's operating statement operating statement See income statement. for the fiscal quarters ended March 30, 1996 and April 1, 1995 amounted to $59 thousand and $47 thousand, respectively. CPS develops, manufactures and markets advanced ceramic This article is about ceramic materials. For the fine art, see Ceramic art. The word ceramic is derived from the Greek word κεραμικός (keramikos). and metal-matrix composite products for packaging and interconnecting high-density, high-performance microelectronics microelectronics, branch of electronic technology devoted to the design and development of extremely small electronic devices that consume very little electric power. . -0-
CERAMICS PROCESS SYSTEMS CORPORATION
(CPS)(OTC BULLETIN BOARD: CPSX)
March 30, April 1,
1996 1995
Quarters Ended: Revenues $386,482 $402,795 Operating loss ($138,931) ($188,722) Net loss ($197,683) ($231,022) Loss per share ($0.03) ($0.03) Weighted avg. shares 7,757,883 7,587,903 -0- CONTACT: Ceramics ceramics (sərăm`ĭks), materials made of nonmetallic minerals that have been permanently hardened by firing at a high temperature, or objects made of such materials. Process Systems Corp. Grant Bennett, 508/222-7282 Fax: 508/222-7286 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion