Eric Sachs
The Company had extended his position to assist in the transfer of his role to Eric Sachs.
Highest-materiality recent filing
CSPi Q3 FY2026 net loss widens to $846K; sales down 6.5% YoY
Q3 sales $14.4M vs $15.4M YoY; net loss $846K ($0.09/sh) vs loss $264K ($0.03/sh).
CSP Inc. CAO Michael Newbanks departs June 5; Eric Sachs assumes role
Michael Newbanks left as VP Finance and Chief Accounting Officer on June 5, 2026.
CSPi Q2 FY2026 revenue $16.0M (+21.8% YoY), net income $264k; AZT deployments grow
Q2 revenue $16.0M (+21.8% YoY); product rev $11.1M (+30%), service rev $4.9M (+6.6%).
CSP Inc. appoints new CAO Eric Sachs and director James LaBonty
Michael Newbanks resigns as VP Finance and CAO effective May 15, 2026; no disagreement cited.
CSP Inc. shareholders re-elect all four directors and approve say-on-pay at 2026 Annual Meeting
Directors Victor Dellovo, Ismail Azeri, Anthony Folger, and Stephen Webber each elected with over 5.4 million votes for.
CSPi Q1 FY2026: Revenue falls to $12.0M but gross margin jumps to 39.3%; declares $0.03 dividend
Revenue $12.0M, down from $15.7M YoY; gross margin 39.3% vs 29.1% on higher-margin services mix.
CSPi Q4 FY2025 revenue up 11% YoY to $14.5M; net loss narrows to $0.02/share
Revenue $14.5M (+11% YoY); services revenue surged 63% to 44% of total revenue.
CSPi Q3 FY2025 revenue $15.4M (+18% YoY) but net loss widens to $(0.3M)
Total revenue $15.4M, up 18% YoY; product revenue $10.2M (+29% YoY).
CSPi Q2 FY2025 net loss $0.1M; revenue $13.1M, down vs $13.7M YoY
Net loss of $0.1M ($0.01 diluted EPS) vs net income of $1.6M ($0.16) in Q2 FY2024.
CSP Inc. appoints CBIZ CPAs as new auditor for FY2025, effective March 27, 2025
CBIZ CPAs P.C. selected as independent registered public accounting firm for fiscal year ending September 30, 2025.
CSP Inc. dismisses RSM as auditor, appoints CBIZ CPAs P.C. for FY2025
Auditor change effective February 12, 2025; no disagreements with RSM on accounting principles or audit scope.
CSPi Q1 FY2025 net income $0.5M vs prior-year loss; services revenue up 17%
Revenue $15.7M (+2% YoY); services revenue $4.7M (+17% YoY).
CSP Inc. annual meeting elects five directors, approves stock plan and auditor ratification
All director nominees elected; Victor Dellovo received most For votes (5,373,512) and lowest withhold (186,789).
CSPI reports Q4 net loss of $1.7M ($0.18/share) on $13M revenue; full-year loss $0.3M
Q4 revenue $13.0M vs $15.3M YoY; services revenue $4.0M vs $4.3M.
CSP Inc. expands board to 7, adds Webber and Folger; Blackmon and James retiring
Charles Blackmon and C. Shelton James not seeking re-election; effective Feb 3, 2025.
CSP Inc. Q3 FY2024 revenue $13.1M, net loss $0.2M; services revenue up 10%
Q3 revenue $13.1M vs $17.7M YoY; net loss $0.2M ($0.02/share) vs net income $2.5M ($0.26/share) YoY.
CSP Inc. stockholders approve increase in authorized shares from 9.75M to 20M
Amendment to Articles of Organization increases authorized common shares from 9,753,900 to 20,000,000.
CSP Inc. Q2 net income surges to $1.6M; services revenue up 23%, gross margin expands to 47%
Net income $1.6M ($0.16 diluted EPS) vs $0.3M ($0.03) a year ago, nearly five-fold increase.
CSPI announces 2-for-1 stock split and quarterly dividend increase to $0.05/shr
Board approved 2-for-1 stock split as 100% stock dividend; record date March 6, distribution March 20, 2024.
Revenue $15.4M vs $18.3M prior year; gross margin 26.6% vs 31.7%.
CSP Inc. annual meeting results: all director nominees elected, say-on-pay passes, auditor ratified
Five directors elected: Dellovo (2,141,835), Blackmon (2,104,140), Azeri (2,073,016), James (2,126,810), Smith (2,106,134).
CSP Inc. reports FY2023 revenue $64.6M (+19% YoY); diluted EPS $1.09 (+161%)
Revenue $64.6M, up 19% from $54.4M; gross margin 34% vs 35%.
CSP Inc. Q3 revenue up 33% to $17.7M; net income $2.5M on $1.7M tax benefit
Revenue $17.7M vs $13.3M YoY (+33%); gross profit $5.9M vs $5.0M (+19%).
CSPI Q2 revenue rises 11% to $13.3M; EPS $0.07 vs $0.03; dividend hiked 33%
Net income $0.3M, diluted EPS $0.07 vs $0.03 in prior-year Q2.
All five director nominees (Dellovo, Blackmon, Azeri, James, Smith) elected; votes for ranged from 2.2M to 2.3M.
CSP Inc. Q1 revenue $18.3M (+48% YoY), EPS $0.21 (vs -$0.09); declares $0.03 dividend
Revenue $18.3M, up 48% from $12.4M in prior-year Q1; net income $1.0M vs loss of $0.4M.
CSP Inc. Q4 revenue up 67% to $16.7M; EPS $0.31; declares $0.03 dividend
Q4 revenue $16.7M (+67% YoY); net income $1.4M ($0.31 diluted EPS vs $0.19 YoY).
CSP Inc. Q3 net income $0.7M vs loss; reinstates $0.03 quarterly dividend
Revenue $13.3M vs $13.7M YoY; net income $0.7M ($0.15 diluted EPS) vs net loss $(0.4M) ($(0.10) loss).
CSP Inc. reports Q2 net income $0.03 per share vs loss; backlog record $17.3M
Revenue $12.0M vs $14.1M YoY; net income $156k ($0.03) vs loss $847k ($0.20).
CSP Inc. holds 2022 annual meeting; all proposals approved
Five directors elected: Dellovo, Blackmon, Azeri, James, Smith (all with >93% votes for).
CSP Inc. Q1 revenue up 9% to $12.4M but net loss of $366K vs. prior-year profit
Revenue $12.4M (+9% YoY); services revenue grew 22% YoY.
CSP Inc. reports Q4 revenue $10.0M, net income $818k; gross margin expands to 41.7%
Revenue $10.0M (down 30% YoY) due to COVID/supply chain; net income $818k ($0.19/share).
CSP reports Q3 FY2021 net loss $0.4M vs $0.2M loss prior year; revenue flat at $13.7M
Revenue $13.7M vs $13.8M prior year; gross margin improved to 30.7% from 30.4% (7th consecutive quarterly improvement).
The Company had extended his position to assist in the transfer of his role to Eric Sachs.
On June 5, 2026, Mr. Newbanks, Vice President of Finance and Chief Accounting Officer of CSP Inc. (the “ Company ”) left his position.
Max materiality 0.75 · Median 0.60 · Most common event earnings