Workflow
CSP (CSPI)
icon
Search documents
CSP (CSPI) - 2020 Q2 - Earnings Call Transcript
2020-05-14 19:42
CSP, Inc. (NASDAQ:CSPI) Q2 2020 Earnings Conference Call May 14, 2020 10:00 AM ET Company Participants Michael Polyviou - Investor Relations, Senior Vice President at EVC Group, LLC Victor Dellovo - President and Chief Executive Officer Gary Levine - Vice President of Finance, Chief Financial Officer and Treasurer Conference Call Participants Joseph Nerges - Segren Investments Operator Good day, everyone, and welcome to the CSPi Fiscal 2020 Second Quarter Conference Call. At this time, all participants are ...
CSP (CSPI) - 2020 Q2 - Quarterly Report
2020-05-14 18:15
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 March 31, 2020 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) Massachusetts 04-2441294 (State or other jurisdicti ...
CSP (CSPI) - 2020 Q1 - Quarterly Report
2020-02-12 18:33
Table of Contents Non-accelerated filer ☒ Smaller reporting company ☒ Emerging growth company ☐ 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 December 31, 2019 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 ...
CSP (CSPI) - 2020 Q1 - Earnings Call Transcript
2020-02-12 17:10
CSP, Inc. (NASDAQ:CSPI) Q1 2020 Results Conference Call February 12, 2020 10:00 AM ET Company Participants Michael Polyviou - Investor Relations, Senior Vice President at EVC Group, LLC Victor Dellovo - Chief Executive Officer, General Manager of Technology Solutions Gary Levine - Chief Financial Officer Conference Call Participants James Stewart - CSPi Joseph Nerges - Segren Investments Brett Davidson - Private Investor Operator Good day everyone and welcome to CSPi Fiscal 2020 First Quarter Conference Cal ...
CSP (CSPI) - 2019 Q4 - Annual Report
2019-12-10 21:26
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended September 30, 2019. ☐ 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 000‑10843 CSP Inc. (Exact name of Registrant as specified in its Charter) Massachusetts 04‑2441294 (State of incorporation) (I.R.S. ...
CSP (CSPI) - 2019 Q4 - Earnings Call Transcript
2019-12-10 18:41
CSP Inc. (NASDAQ:CSPI) Q4 2019 Results Earnings Conference Call December 10, 2019 10:00 AM ET Company Participants Michael Polyviou - Investor Relations, Senior Vice President at EVC Group, LLC Victor Dellovo - Chief Executive Officer, General Manager of Technology Solutions Gary Levine - Chief Financial Officer Conference Call Participants Joseph Nerges - Segren Investments Terry Keratsopoulos - Upstream Investment Partners Brett Davidson - Private Investor Operator Good day, ladies and gentlemen and welco ...
CSP (CSPI) - 2019 Q3 - Earnings Call Transcript
2019-08-11 09:26
Financial Data and Key Metrics Changes - Revenues increased by 8% to $21.6 million compared to $20 million a year ago [5] - Gross profit decreased to $4.8 million from $5.2 million year-over-year, with gross margin dropping to 22.4% from 26% [5] - Engineering and development expenses fell to $583,000 from $895,000, representing a decrease as a percentage of total sales from 4.5% to 2.6% [6] - SG&A expenses remained flat at $4.1 million, but as a percentage of sales, it improved from 20.4% to 19.1% [7] - Net income from continuing operations was $532,000 or $0.12 per diluted share, compared to income of $3,000 or $0 per diluted share a year ago [8] Business Line Data and Key Metrics Changes - High-Performance Products (HPP) revenues decreased by $2.1 million compared to $3.1 million last year, attributed to delays in the ARIA cybersecurity platform launch [11] - Technology Solutions business saw a 15% year-over-year revenue increase, driven by growth in managed services and a significant deal with a large airline manufacturer [20] Market Data and Key Metrics Changes - Demand for legacy Myricom products continues, with additional purchases for military E-2D planes amounting to about $0.5 million during the third quarter [13] - The company is seeing progress in the carrier/MSO segments for ARIA products, with potential long-term revenue impacts from complex deals [18] Company Strategy and Development Direction - The company is transforming into a cybersecurity, wireless, and managed services provider, focusing on growth opportunities in these markets [4][21] - The ARIA platform is expected to drive growth, with plans to expand sales capabilities and develop a robust channel program [19][21] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the growth prospects for ARIA, despite a slow initial ramp-up due to long sales cycles [15][16] - The company aims to boost sales of higher-margin products while managing costs effectively [10] Other Important Information - Cash and short-term investments decreased to $16.8 million from $25.1 million at the end of the previous fiscal year, primarily due to increased accounts receivable and inventory [9] - A quarterly dividend of $0.15 per share was declared, payable on September 13, 2019 [10] Q&A Session Summary Question: E-2D revenue expectations - The company confirmed $0.5 million in revenue from E-2D planes and expects similar performance in the fourth quarter [22] Question: ARIA product shipment and revenue - Management confirmed that some ARIA products were shipped in Q3, although revenue was minimal due to prior supplier issues [23][24] Question: R&D expenses outlook - R&D expenses are expected to remain in the $600,000 to $700,000 range per quarter moving forward [27] Question: Sales efforts for ARIA - The company is actively hiring sales personnel to expand efforts in the ARIA product line [28] Question: Multi-computer revenue outlook - Multi-computer revenue is currently thin, with limited visibility into future orders [30] Question: Changes in receivables and inventory - The increase in receivables is attributed to timing issues related to large orders, and inventory levels are not expected to change significantly in the near term [31][35] Question: Long-term contracts for ARIA products - The company is in discussions for long-term contracts, which could last several years, but currently operates on a just-in-time ordering basis [39][40] Question: Growth expectations for new products - Management anticipates significant growth from new products over the next 12 to 24 months, potentially dwarfing past performance [42]
CSP (CSPI) - 2019 Q3 - Quarterly Report
2019-08-07 20:55
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, 2019 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) Massachusetts 04-2441294 (State or other jurisdictio ...
CSP (CSPI) - 2019 Q2 - Earnings Call Transcript
2019-05-12 19:43
CSP Inc. (NASDAQ:CSPI) Q2 2019 Earnings Conference Call May 8, 2019 10:00 AM ET Company Participants Gary Levine - Chief Financial Officer Victor Dellovo - President and CEO Conference Call Participants Joseph Nerges - Segren Investments Operator Good day, ladies and gentlemen, and welcome to the CSPI Second Quarter Fiscal 2019 Conference Call. My name is Aaron, and I'll be your coordinator for today. [Operator Instructions] Please be advised today's program may be recorded. I would now like to turn the ca ...
CSP (CSPI) - 2019 Q2 - Quarterly Report
2019-05-08 18:58
United States SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of Each Class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share CSPI Nasdaq Global Market FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2019 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Nu ...