CSPI
CSP Inc.12.65
-2.31-15.4%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q1 '26
AZT multisite gains traction
Q&A illuminated AZT Protect's multisite traction, spotlighting recent approvals for second and third sites in steel, food, and pharma, fueled by references skipping POCs. Management quantified managed services' net new billing at nearly $100k monthly from recent deals, mostly comprising the $5.3M service revenue. Acronis embedding into Cyber Protect offers upsell potential via Florida's backup customers, though integration and revenue visibility remain early. Buybacks resume this quarter post-blackout; financing deals persist for stickiness. Momentum builds deliberately. Watch AZT pipeline conversion.
Key Stats
Market Cap
124.77MP/E (TTM)
-Basic EPS (TTM)
-0.17Dividend Yield
0%Recent Filings
8-K
8-K
Shareholders approve directors, pay
CSP Inc. shareholders at the February 10, 2026 annual meeting elected Victor Dellovo, Ismail Azeri, Anthony Folger, and Stephen Webber as directors, each with over 5.4 million for votes amid 2.1 million broker non-votes. They approved executive compensation on an advisory basis (4.9 million for) and ratified CBIZ US, LLP as 2026 auditors (7.7 million for). Board continuity holds firm.
10-Q
Q1 FY2026 results
CSP Inc. posted Q1 FY2026 sales of $12.0M, down 23% y/y from $15.7M yet gross margins leaped to 39% from 29% on favorable TS product mix and HPP repair gains. Operating loss narrowed to $(0.1M) from $(0.4M), flipping to net income of $0.1M ($0.01 diluted EPS) versus $0.5M prior, with EPS matching diluted shares of 9,683k. TS US drove 93% revenue; HPP doubled to $0.9M. Cash dipped to $24.9M on $2.9M operating outflow, line of credit at $1.4M of $15M (in covenant). Financing receivables hit $15.1M. Customer concentration lingers.
8-K
Services up 14.6%, margins expand
10-K
FY2025 results
CSP Inc. posted FY2025 revenue of $58.7M, up 6% y/y, driven by TS segment growth to $56.8M (97% of total) while HPP sank 54% to $1.9M after a big prior-year ARIA license deal. Gross margins slipped to 32% from 34%, with operating loss widening to $(3.1)M versus $(1.9)M, yet Q4 saw backlog jump—TS to $7.1M (up from $4.9M), HPP to $1.0M (up from $0.8M)—signaling momentum. Cash dipped to $27.4M after $2.3M operating cash flow, $19.5K Q4 buybacks, and steady $0.03/share dividends; $14.1M line availability remains ample. HPP margins crashed from 65% to 46% on product mix. Backlogs are building.
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