CSPI reports Q4 net loss of $1.7M ($0.18/share) on $13M revenue; full-year loss $0.3M

CSP INC /MA/

Q4 revenue $13.0M vs $15.3M YoY; services revenue $4.0M vs $4.3M.
Q4 net loss $(1.7)M ($0.18 loss per diluted share) vs net income $1.4M ($0.15) YoY.
FY2024 revenue $55.2M vs $64.6M; net loss $(0.3)M ($0.04 loss per share) vs net income $5.2M ($0.55).
Recurring revenue rose to ~17% of total revenue; 10+ new cloud customers in Q4.
Board declared $0.03/share quarterly dividend payable Jan 15, 2025; cash $30.6M.

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