secwatch.observer — SEC 8-K summary
======================================

Issuer:     CSP INC /MA/ (CSPI)
CIK:        0000356037
Form:       8-K
Filed at:   2023-02-08T23:59:59+00:00
Accession:  0000356037-23-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/356037/000035603723000011/0000356037-23-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/356037/000035603723000011/cspi-20230208x8k.htm
  HTML page:      https://secwatch.observer/filing/0000356037-23-000011

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