secwatch.observer — SEC 8-K summary
======================================

Issuer:     CSP INC /MA/ (CSPI)
CIK:        0000356037
Form:       8-K
Filed at:   2021-08-11T23:59:59+00:00
Accession:  0000356037-21-000013
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CSP reports Q3 FY2021 net loss $0.4M vs $0.2M loss prior year; revenue flat at $13.7M
--------------------------------------------------------------------------------

- Revenue $13.7M vs $13.8M prior year; gross margin improved to 30.7% from 30.4% (7th consecutive quarterly improvement).
- Net loss of $0.4M ($0.10 loss per share) vs $0.2M loss ($0.05 loss per share) in Q3 FY2020.
- Cash and cash equivalents $19.7M, up $0.4M from fiscal year-end 2020.
- Nine-month revenue $39.2M (down from $47.5M); net loss narrowed to $0.1M from $1.5M; includes $2.2M PPP loan forgiveness gain.
- Signed multi-million-dollar cloud contract; ARIA ADR orders from three new customers; over two dozen leads in sales funnel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/356037/000035603721000013/0000356037-21-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/356037/000035603721000013/cspi-20210811x8k.htm
  HTML page:      https://secwatch.observer/filing/0000356037-21-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer