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CSP Posts Q4 Loss as Revenues Decline Y/Y, Focuses on Growth in 2025
ZACKS· 2024-12-23 18:10
Shares of CSP Inc. (CSPI) have declined 9.6% since reporting fourth-quarter fiscal 2024 earnings, whereas the S&P 500 index has grown 1% over the same period. Over the past month, CSPI shares have lost 19.3%, underperforming the broader market’s 0.3% decline.Earnings & Revenue PerformanceCSP reported a diluted loss per share of 18 cents in the fourth quarter of fiscal 2024 against earnings of 15 cents in the year-ago quarter.The company reported total quarterly revenues of $13 million, a 14.9% decline from ...
CSP (CSPI) - 2024 Q4 - Annual Report
2024-12-20 20:36
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting but no ...
CSP (CSPI) - 2024 Q4 - Earnings Call Transcript
2024-12-20 17:30
CSP Inc. (NASDAQ:CSPI) Q4 2024 Earnings Conference Call December 20, 2024 10:00 AM ET Company Participants Michael Polyviou - Investor Relations Victor Dellovo - President and Chief Executive Officer Gary Levine - Chief Financial Officer Conference Call Participants Joseph Nerges - Segren Investments Will Lauber - Visionary Wealth Advisors John Crotty - Private Investor Douglas Johnson - Private Investor Brett Davidson - Private Investor Operator Greetings and welcome to CSP Inc.'s Fiscal Fourth Quarter and ...
CSP (CSPI) - 2024 Q4 - Annual Results
2024-12-20 13:35
CSPi Reports Fiscal Fourth Quarter and Full Year 2024 Results; Recurring Sales Continue to Rise as Percentage of Total Revenue; AZT PROTECT Market Momentum Builds; Cash Position of More Than $30 Million as of September 30, 2024 Exhibit 99.1 Board Declares $0.03 per Share Quarterly Dividend LOWELL, Mass., December 20, 2024 – CSP Inc. (NASDAQ: CSPI), an award-winning provider of security and packet capture products, managed IT and professional services and technology solutions, today announced results for the ...
Vast and GGS Energy Partner to Bring CSP-Powered Green Methanol and SAF to the U.S.
GlobeNewswire News Room· 2024-10-29 12:00
HOUSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Vast Renewables Limited (“Vast”) (Nasdaq: VSTE), a renewable energy company specialising in concentrated solar thermal power (CSP) systems that generate zero-carbon, utility-scale electricity and industrial process heat, today announced it has signed a development services agreement with GGS Energy LLC (“GGS Energy”), a leading energy transition development company with deep project development experience, to pursue a commercial-scale synthetic fuels project in the ...
CSP: A Spinoff Of AZT Is Hopefully Developing
Seeking Alpha· 2024-08-23 03:00
da-kuk CSP Inc. (NASDAQ:CSPI) provides IT, cloud, security, and computer system products and services. I've been bullish on this stock since the introduction of Aria Zero Trust Protect ("AZT") in July 2023. AZT is designed to prevent a malicious attack before it can enter a computer. It requires no downtime to install, and the software is operating system-agnostic. AZT landed a large customer just a few months after it was launched. In a January Seeking Alpha article, I wrote that the product is a game-chan ...
CSP (CSPI) - 2024 Q3 - Quarterly Report
2024-08-19 19:10
Table of Contents United States SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ⌧ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 or ◻ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 0-10843 CSP Inc. (Exact name of Registrant as specified in its charter) | --- | --- | |------------------------------------- ...
CSP (CSPI) Registers Loss and Y/Y Revenue Decline in Q3
ZACKS· 2024-08-15 16:36
CSP Inc.'s (CSPI) third-quarter fiscal 2024 results reflect a challenging transition from last year's backlogdriven revenue boost to more normalized operations. The company faced a decline in product sales and overall revenues, leading to a slight net loss. However, growth in its Services segment and strong cash reserves underscore strategic efforts to enhance profitability and position the company for success. Q2 Results CSPI reported a third-quarter fiscal 2024 loss per share of 2 cents, moving down from ...
CSP (CSPI) - 2024 Q3 - Earnings Call Transcript
2024-08-13 16:53
CSP Inc. (NASDAQ:CSPI) Q3 2024 Results Conference Call August 13, 2024 10:00 AM ET Company Participants Michael Polyviou - Investor Relations Victor Dellovo - Chief Executive Officer Gary Levine - Chief Financial Officer Conference Call Participants Joseph Nerges - Segren Investments Operator Good morning, everyone, and welcome to the CSPi's Third Quarter Fiscal Year 2024 Conference Call. [Operator Instructions] It is now my pleasure to turn the floor over to your host, Michael Polyviou. Sir, the floor is y ...
CSP (CSPI) - 2024 Q3 - Quarterly Results
2024-08-13 12:35
Exhibit 99.1 CSP Inc. Reports Fiscal Third Quarter 2024 Operating Results; Service Revenue Grows 10% Driving Continued Gross Margin Percentage; Nearrecord Cash Position Achieved While Continuing Infrastructure Buildout Supporting AZT PROTECT™ Market Penetration AZT PROTECT adds Customers and Increased Reseller Partnerships to Accelerate Global Adoption LOWELL, Mass., August 13, 2024 – CSP Inc. (NASDAQ: CSPI), an award-winning provider of security and packet capture products, managed IT and professional serv ...