secwatch.observer — SEC 8-K summary
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Issuer:     CSP INC /MA/ (CSPI)
CIK:        0000356037
Form:       8-K
Filed at:   2024-12-20T23:59:59+00:00
Accession:  0000356037-24-000066
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/356037/000035603724000066/0000356037-24-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/356037/000035603724000066/cspi-20241220x8k.htm
  HTML page:      https://secwatch.observer/filing/0000356037-24-000066

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