CSP Earnings Reports

CSPi delivered strong Q4 performance driven by a 63% increase in services revenue and gross margin expansion to 37%. Although the company posted a net loss, it was considerably lower than the prior year. The company enters FY26 with momentum from its AZT PROTECT offering and new customer gains.

CSP Inc. reported a decrease in revenue and net income for the fiscal second quarter ended March 31, 2025, compared to the prior year period. The decline was primarily attributed to a multi-million dollar agreement in the prior year. Despite the decrease, the company highlighted continued momentum for its AZT PROTECT product and maintained a strong cash position.

CSPi posted $13.1 million in revenue and a $0.01 loss per share for Q2 2025. Gross margin decreased to 32% as the prior year included a significant multi-million-dollar product deal. The company highlighted continued traction for AZT PROTECT and maintained a strong cash position with no long-term debt.

CSPi's fiscal 2025 first quarter showed positive momentum with a 2% increase in total revenue to $15.7 million and a 17% increase in services revenue. The company expanded its gross margin and reported a net income of $0.05 per diluted common share.

CSPi reported Q4 revenue of $13.0 million, a decrease compared to the previous year. The company experienced a net loss of $(1.7) million, or $(0.18) per diluted common share. However, recurring revenue increased to approximately 17% of total revenue, and the company's cash position remained strong at $30.6 million.

CSP Inc. reported a net loss of $0.2 million for the third quarter of fiscal year 2024. However, services revenue grew by 10%, contributing to a 150 basis point improvement in gross margin percentage. The company's cash position remained strong, supporting ongoing investments in infrastructure for AZT PROTECT.

CSP Inc. reported a slight increase in revenue to $13.7 million, with services revenue growing by 23%. Gross margin improved to 47%, and net income increased nearly five-fold to $1.6 million.

CSP Inc. reported a decrease in revenue to $15.4 million compared to $18.3 million in the same quarter last year. The company experienced a net loss of $73,000, or $(0.02) per diluted share, compared to a net income of $1.0 million, or $0.21 per diluted share, in the prior year. Despite the loss, the company secured a multi-million dollar contract for its ARIA Zero Trust PROTECT offering and increased its quarterly dividend to $0.05 per share.

CSP Inc. reported a decrease in total sales for the fourth quarter ended September 30, 2023, compared to the same period last year. However, the net income per common share remained relatively stable at $0.30. The company's full year revenue grew by 19%, driven by the TS business and successful conversion of backlog.

CSP Inc. reported a strong fiscal third quarter with a 33% increase in revenue compared to the same quarter last year. The growth was primarily driven by the Technology Solutions (TS) business. The launch of ARIA Zero Trust PROTECT is expected to contribute to the High Performance Product (HPP) business in the coming years. The company reported net income of $2.5 million, or $0.52 per diluted common share.

CSP Inc. announced an 11% increase in revenue, reaching $13.3 million for the second quarter of fiscal year 2023, and diluted earnings per share increased to $0.07 compared to $0.03 in the prior year second quarter. The company's gross margin expanded to 37.6%, and they declared a quarterly dividend of $0.04 per share.

CSP Inc. reported a strong first quarter with a 48% increase in revenue compared to the previous year. The company's focus on higher margin products and services contributed to improved gross margins and a significant increase in EPS from a loss to a profit.

CSP Inc. reported a 67% increase in revenue for the fiscal fourth quarter, driven by the Technology Solutions business segment. EPS increased to $0.31, and the company's gross backlog remained near a record level at $23.2 million. The company is optimistic about achieving greater success in fiscal year 2023.

CSP Inc. reported fiscal third quarter results with revenue of $13.3 million and net income of $0.7 million, or $0.15 per diluted common share. The company's gross backlog reached a record $23.8 million and gross margin continued expansion.

CSP Inc. reported a revenue of $12.0 million and a net income of $156,000, or $0.03 per diluted share, for the fiscal 2022 second quarter. The company's backlog reached a record $17.3 million, and gross margin expanded by 4% over the prior year.

CSP Inc. reported a 9% increase in revenue compared to the year-ago quarter, driven by higher services revenue. However, the company reported a net loss of $366,000, compared to a net income of $1.2 million in the same quarter last year, which included a gain on debt extinguishment.

CSP Inc. reported a decrease in revenue for the fiscal fourth quarter to $10.0 million, compared to $14.3 million in the year-ago fiscal fourth quarter. Net income from continuing operations was $353,000, or $0.08 per share, compared to $36,000, or $0.01 per share, for the same period last year. The company's gross margin improved to 41.7% of sales, compared to 31.0% in the year-ago quarter.

CSPi's Technology Solutions business delivered an exceptional quarter, offset by the High Performance Product business. The company successfully integrated ARIA ADR with managed services, which is expected to drive growth in fiscal 2022. Revenue was $13.7 million, gross profit was $4.2 million, and the company reported a net loss of $0.4 million, or $0.10 loss per share. Cash and cash equivalents were $19.7 million.

CSP Inc. reported a decrease in revenue for the fiscal second quarter of 2021, totaling $14.1 million compared to $16.9 million in the same quarter last year. However, the company experienced a 24% increase in revenue compared to the previous quarter and achieved its sixth consecutive quarter of gross margin improvement. The company reported a net loss of $(0.8) million, or $(0.20) per share.

CSP Inc. reported a revenue of $11.4 million and a net income of $1.2 million, or $0.27 per share, for the fiscal first quarter of 2021. The results reflect a transition to higher margin products and services, leading to improved gross margin despite the impact of COVID-19.

CSPi's Q4 2020 revenue was $14.3 million, with a net profit of $36,000, or $0.01 per share. The gross margin improved by 8 percentage points compared to the year-ago fiscal fourth quarter. The company ended the year with a cash balance of $19.3 million.

CSP Inc. reported a decrease in revenue for the fiscal third quarter, but improved gross margin percentage. The company reported a net loss of $210,000, or $(0.05) per share.

CSP Inc. reported a slight decrease in revenue to $16.1 million compared to $16.4 million in the year-ago quarter. The company experienced a net loss of $732,000, or $(0.18) per share, compared to a net loss of $619,000, or $(0.15) per share in the previous year's quarter. Gross profit increased to $4.5 million, representing 27.9% of sales, driven by a favorable mix of higher margin services business.