secwatch.observer — SEC 8-K summary
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Issuer:     CSP INC /MA/ (CSPI)
CIK:        0000356037
Form:       8-K
Filed at:   2021-12-08T23:59:59+00:00
Accession:  0000356037-21-000019
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CSP Inc. reports Q4 revenue $10.0M, net income $818k; gross margin expands to 41.7%
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- Revenue $10.0M (down 30% YoY) due to COVID/supply chain; net income $818k ($0.19/share).
- Gross margin 41.7% (vs 31.0% YoY), 8th consecutive quarter of improvement on higher-margin mix.
- Record backlog $13M, up 165% YoY; services revenue grew 27% YoY.
- Full-year revenue $49.2M (down 20% YoY); net income from continuing ops $234k vs loss $1.4M prior year.
- Cash $20.0M; one-time $465k gain from German subsidiary sale.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/356037/000035603721000019/0000356037-21-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/356037/000035603721000019/cspi-20211208x8k.htm
  HTML page:      https://secwatch.observer/filing/0000356037-21-000019

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