CSP Inc. Q3 revenue up 33% to $17.7M; net income $2.5M on $1.7M tax benefit

CSP INC /MA/

2023-Q3 EPS reported $0.80 revenue$49,321,000

Revenue $17.7M vs $13.3M YoY (+33%); gross profit $5.9M vs $5.0M (+19%).
Net income $2.5M ($0.52 diluted EPS) vs $0.7M ($0.15) YoY, aided by $1.7M tax benefit from valuation allowance release.
Board declared $0.04/share quarterly dividend, payable Sept 12, 2023 to holders of record Aug 23.
Launched ARIA Zero Trust PROTECT (AZT PROTECT), an AI-driven cybersecurity product for OT environments; generating industry interest.
Nine-month revenue $49.3M, up 31% YoY; cash and equivalents $13.8M, with $2.4M in held-to-maturity investments.

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 0.9

CSP INC /MA/ reported third quarter of fiscal year 2023, which ended on June 30, 2023 results: revenue $17.7 million, net income $2.5 million, EPS $0.52 per diluted common share.

Period: third quarter of fiscal year 2023, which ended on June 30, 2023
Revenue: $17.7 million
Net income: $2.5 million
EPS: $0.52 per diluted common share
Result: reported results

Exact text from the filing

Revenue for the fiscal 2023 third quarter was $17.7 million, a 33% increase compared to $13.3 million in the year ago fiscal third quarter.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CSP INC /MA/ reported nine months ended June 30, 2023 results: revenue $49.3 million, net income $3.8 million, EPS $0.80 per diluted common share.

Period: nine months ended June 30, 2023
Revenue: $49.3 million
Net income: $3.8 million
EPS: $0.80 per diluted common share
Result: reported results

Exact text from the filing

Revenue for the nine months ended June 30, 2023 was $49.3 million, a 31% increase compared to revenue of $37.7 million in the same prior year period.

View on SEC.gov

Browse all earnings releases →

CSP INC /MA/ filing history →

Source: SEC EDGAR

accession 0000356037-23-000034

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.