secwatch.observer — SEC 8-K summary
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Issuer:     CSP INC /MA/ (CSPI)
CIK:        0000356037
Form:       8-K
Filed at:   2022-05-11T23:59:59+00:00
Accession:  0000356037-22-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/356037/000035603722000015/0000356037-22-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/356037/000035603722000015/cspi-20220511x8k.htm
  HTML page:      https://secwatch.observer/filing/0000356037-22-000015

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