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.
Gross margin percentage improved by 9% compared to the year-ago fiscal third quarter, driven by primarily higher margin products.
The ARIA Cybersecurity Solutions product pipeline has grown.
Unified-Communications-as-a-Service (UCaaS) added several customers.
Expanded in managed service practice, including cloud, Office 365 and other Microsoft offerings.
CSPi is continuing to build the revenue pipeline during the fiscal quarter which they believe will fuel their growth in the coming years.
Visualization of income flow from segment revenue to net income