CSPI Q2 revenue rises 11% to $13.3M; EPS $0.07 vs $0.03; dividend hiked 33%

CSP INC /MA/

2023-Q2 EPS reported $0.27 revenue$31,613,000

Net income $0.3M, diluted EPS $0.07 vs $0.03 in prior-year Q2.
Revenue $13.3M (+11% YoY); gross margin 37.6% (+2.5 ppts).
Recurring revenue up 25% YoY; backlog $22M as of March 31, 2023.
Quarterly dividend increased 33% to $0.04/share, payable June 13, 2023.
Six-month EPS $0.27 vs loss $0.05; revenue $31.6M (+30% YoY).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CSP INC /MA/ reported second quarter of fiscal year 2023, which ended on March 31, 2023 results: revenue $13.3 million, net income $0.3 million, EPS $0.07.

Period: second quarter of fiscal year 2023, which ended on March 31, 2023
Revenue: $13.3 million
Net income: $0.3 million
EPS: $0.07
Result: reported results

Exact text from the filing

R&D efforts, has fourteen customers, each of which generates reliable monthly revenue.” Fiscal Year 2023 Second Quarter Results Revenue for the fiscal 2023 second quarter was $13.3 million, an 11% increase, compared to $12.0 million in the year-ago fiscal second quarter as the Company continued to successfully manage the business and deliver growth during the

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Source: SEC EDGAR

accession 0000356037-23-000024

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