CSP Inc. reports Q2 net income $0.03 per share vs loss; backlog record $17.3M

CSP INC /MA/

2022-Q2 EPS reported -$0.05 revenue$24,350,000

Revenue $12.0M vs $14.1M YoY; net income $156k ($0.03) vs loss $847k ($0.20).
Gross margin expanded to 35% from 31% YoY.
Record backlog $17.3M, more than doubled from $7.8M; TS $13M, HPP $4.3M.
Services revenue up 21% YoY; cash $20.3M; repurchased 13k shares at avg $7.81.
CEO cites strong demand; expects backlog to increase on late-stage negotiations.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.