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Dec 31, 2022
CSP Q1 2023 Earnings Report
CSP Inc. reported first quarter results with revenue growth and improved profitability.
Key Takeaways
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.
Revenue increased by 48% compared to the prior year first quarter.
Product revenue grew by 63% year-over-year.
Service revenue increased by 13% year-over-year.
EPS significantly increased from a loss of $(0.09) to $0.21.
CSP
CSP
CSP Revenue by Segment
Revenue by Segment
Product Revenue
CapyFin.comServices Revenue
CapyFin.comRevenue & Expenses
Visualization of income flow from segment revenue to net income