CSP Inc. reports FY2023 revenue $64.6M (+19% YoY); diluted EPS $1.09 (+161%)

CSP INC /MA/

Revenue $64.6M, up 19% from $54.4M; gross margin 34% vs 35%.
Net income $5.2M ($1.09 diluted EPS) vs $1.9M ($0.42) prior year.
Cash $25.2M at Sep 30, 2023; dividend of $0.04/share declared, payable Jan 9, 2024.
New AZT PROTECT offering launched and secured initial orders; backlog >$7M pre-pandemic level.
TS business revenue grew 14% YoY; HPP business poised for growth in 2024.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

CSP INC /MA/ reported fiscal year ended September 30, 2023 results: revenue $64.6 million, net income $5.2 million, EPS $1.09 per common share - diluted.

Period: fiscal year ended September 30, 2023
Revenue: $64.6 million
Net income: $5.2 million
EPS: $1.09 per common share - diluted
Result: reported results

Exact text from the filing

to achieve greater feats and success in fiscal 2024.” Exhibit 99.1 Fiscal 2023 Full Year Results Revenue for the full year ended September 30, 2023, was $64.6 million, a 19% increase compared to revenue of $54.4 million for the full year ended September 30, 2022. Gross profit for the twelve months ended September 30, 2023, was $21.9 million,

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Source: SEC EDGAR

accession 0000356037-23-000041

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