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Sep 30, 2022
CSP Q4 2022 Earnings Report
CSP Inc. reported significant revenue growth and improved financial results for Q4 2022.
Key Takeaways
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.
Product revenue grew by 98.5% compared to the year-ago fourth quarter.
Service revenue increased by 24.6% compared to the same period last year.
Technology Solutions business segment experienced significant revenue growth during the quarter.
Gross backlog reached $23.2 million, near a record level.
CSP
CSP
CSP Revenue by Segment
Revenue by Segment
Product Revenue
CapyFin.comServices Revenue
CapyFin.com Forward Guidance
CSPi expects its fourth quarter momentum to continue during the first half of fiscal 2023 and are cautiously optimistic that the entire year will lead to growth over fiscal 2022
Revenue & Expenses
Visualization of income flow from segment revenue to net income