---
schema_version: "secwatch.filing_event.v1"
accession: "0000356037-22-000032"
form_type: "8-K"
ticker: "CSPI"
cik: "0000356037"
company_name: "CSP INC /MA/"
filed_at: "2022-12-06T23:59:59+00:00"
generated_at: "2026-06-21T09:13:16.952430+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CSP Inc. Q4 revenue up 67% to $16.7M; EPS $0.31; declares $0.03 dividend

## Summary
- Q4 revenue $16.7M (+67% YoY); net income $1.4M ($0.31 diluted EPS vs $0.19 YoY).
- Full year revenue $54.4M (+10.5%); diluted EPS $0.42 vs $0.16 prior year.
- Full year gross margin improved to 34.6% (FY21: 32.8%) on favorable product mix.
- Gross backlog $23.2M, near record, up from $13.0M a year earlier.
- Quarterly dividend of $0.03/share payable Jan 6, 2023 to holders of record Dec 21, 2022.

## SEC filing metadata
- accession: 0000356037-22-000032
- form_type: 8-K
- ticker: CSPI
- cik: 0000356037
- company_name: CSP INC /MA/
- filed_at: 2022-12-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/356037/000035603722000032/0000356037-22-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/356037/000035603722000032/cspi-20221206x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000356037-22-000032
- JSON: https://secwatch.observer/filing/0000356037-22-000032.json
- Plain text: https://secwatch.observer/filing/0000356037-22-000032.txt

## Key facts
- Earnings Releases
  CSP INC /MA/ reported the full fiscal year ended September 30, 2022 results: revenue $54.4 million, net income $1.9 million, EPS $0.42 income per diluted common share.
  - Period: the full fiscal year ended September 30, 2022
  - Revenue: $54.4 million
  - Net income: $1.9 million
  - EPS: $0.42 income per diluted common share
  - Result: reported results
  source text: Revenue for the full year ended September 30, 2022, was $54.4 million, a 10.5% increase compared with revenue of $49.2 million for the prior fiscal year. Gross profit for the fiscal year ended September 30, 2022, was $18.8 million, or 34.6% of sales compared with $16.1 million, or 32.8% of sales, for the prior year reflecting a more favorable product mix. The fiscal year 2022 results reflect a $1.7 million gain from the impact of foreign currency exchange rates. The Company reported net income of $1.9 million in the fiscal twelve months ended September 30, 2022, or $0.42 income per diluted common share compared with net income of $0.7 million, or $0.16 per diluted common share for the prior fiscal year
  evidence_url: https://www.sec.gov/Archives/edgar/data/356037/000035603722000032/0000356037-22-000032-index.htm
- Earnings Releases
  CSP INC /MA/ reported the fourth quarter ended September 30, 2022 results: revenue $16.7 million, net income $1.4 million, EPS $0.31 per diluted common share.
  - Period: the fourth quarter ended September 30, 2022
  - Revenue: $16.7 million
  - Net income: $1.4 million
  - EPS: $0.31 per diluted common share
  - Result: reported results
  source text: Revenue for the fiscal 2022 fourth quarter was $16.7 million, a 67% increase compared to $10.0 million in the year-ago fiscal fourth quarter as the Company continued to perform and meet its operating objectives in the current economic environment. The supply chain issues, while easing from the historically high levels experienced earlier in the year, remain a challenge and continues to impact the Company’s ability to receive the necessary components that are needed to deliver finished products to the customer. ​ ​ ​ Exhibit 99.1 Gross profit for the fiscal fourth quarter was $6.0 million, or 36.2% of sales compared with $4.2 million, or 41.7% of sales in the year-ago fiscal fourth quarter, reflecting a higher revenue contribution from low-margin products. The Company reported net income of $1.4 million in the fiscal 2022 fourth quarter, or $0.31 per diluted common share
  evidence_url: https://www.sec.gov/Archives/edgar/data/356037/000035603722000032/0000356037-22-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
