---
schema_version: "secwatch.filing_event.v1"
accession: "0000356037-23-000011"
form_type: "8-K"
ticker: "CSPI"
cik: "0000356037"
company_name: "CSP INC /MA/"
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T22:05:53.980945+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CSP Inc. Q1 revenue $18.3M (+48% YoY), EPS $0.21 (vs -$0.09); declares $0.03 dividend

## Summary
- Revenue $18.3M, up 48% from $12.4M in prior-year Q1; net income $1.0M vs loss of $0.4M.
- EPS $0.21 diluted vs $(0.09) loss per share in fiscal Q1 2022; gross margin 31.7% (up from 29.2%).
- Gross backlog $22.9M as of Dec 31, 2022; converted $3.2M backlog to revenue and added $2.9M new orders.
- Board declared quarterly cash dividend of $0.03 per share, payable March 14, 2023 to holders of record Feb 24.
- High-Performance Products revenue more than doubled YoY on a sizeable customer engagement.

## SEC filing metadata
- accession: 0000356037-23-000011
- form_type: 8-K
- ticker: CSPI
- cik: 0000356037
- company_name: CSP INC /MA/
- filed_at: 2023-02-08T23:59:59+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/356037/000035603723000011/0000356037-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/356037/000035603723000011/cspi-20230208x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000356037-23-000011
- JSON: https://secwatch.observer/filing/0000356037-23-000011.json
- Plain text: https://secwatch.observer/filing/0000356037-23-000011.txt

## Key facts
- Earnings Releases
  CSP INC /MA/ reported fiscal 2023 first quarter ended December 31, 2022 results: revenue $18.3 million, net income $1.0 million, EPS $0.21 per diluted common share.
  - Period: fiscal 2023 first quarter ended December 31, 2022
  - Revenue: $18.3 million
  - Net income: $1.0 million
  - EPS: $0.21 per diluted common share
  - Result: reported results
  source text: Revenue for the fiscal 2023 first quarter was $18.3 million, a 48% increase compared to $12.4 million in the year-ago fiscal first quarter as the Company continued to achieve significantly improved operating results despite the current economic environment and continued supply chain issues with some system component providers.
  evidence_url: https://www.sec.gov/Archives/edgar/data/356037/000035603723000011/0000356037-23-000011-index.htm

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