Csp Inc Stock Price, News & Analysis

CSPi (NASDAQ:CSPI), a provider of security and packet capture products, managed IT services, and technology solutions, has scheduled its fiscal 2025 second quarter financial results announcement for May 14, 2025, before market open.

The company will host a conference call at 10:00 a.m. ET on the same day, featuring CEO Victor Dellovo and CFO Gary W. Levine, who will discuss the financial results and provide a business update. Investors can access the call via webcast or telephone, with replay available on CSPi's website for approximately one year.

CSPi Technology Solutions has secured a significant contract to provide Microsoft Azure migration services for a Florida-based healthcare provider with multiple clinics across the state. The project encompasses professional and cloud consumption services, focusing on architecting, implementing, and managing the Azure migration following Microsoft's Azure Well-Architected Framework.

The implementation aims to enhance IT operations and improve patient experience through a reliable, secure, and scalable cloud solution. The framework offers benefits including enhanced performance, improved security, comprehensive cost management, and dynamic resource allocation capabilities. CSPi was chosen for their technical expertise in cloud services and ability to deliver enterprise-grade IT solutions, supported by their team of managed services engineers.

ARIA Cybersecurity, a CSPi (NASDAQ:CSPI) business, has secured a multiyear contract to deploy its AZT PROTECT solution for one of South Africa's largest cell tower operators through a new reseller partnership with Oryx Industries.

The solution will protect thousands of cell tower sites across South Africa from cyberattacks targeting critical infrastructure. AZT PROTECT implements a lock-down approach to safeguard critical infrastructure applications, preventing malware, ransomware, and nation-state-backed attacks.

The AI-based system provides countermeasures to protect vulnerable production control systems, stopping code-based attacks and disrupting techniques used by attackers to gain control. According to Gary Southwell, ARIA's CEO, the solution offers a simple-to-deploy and effective alternative to more complex security options.

ARIA Cybersecurity, a CSPi business (NASDAQ:CSPI), has formed a strategic partnership with Oryx Industries to integrate the ARIA Zero Trust PROTECT™ (AZT PROTECT™) solution into Oryx's security portfolio. The collaboration aims to protect Operational Technology (OT) endpoints in South African businesses from cyber threats.

The AZT PROTECT™ solution offers:

• AI-driven threat prevention against ransomware, malware, and zero-day threats
• Full OT endpoint security for industrial control systems and SCADA networks
• Zero Trust Architecture to block unauthorized access
• Seamless integration without operational disruption

The partnership addresses the growing sophistication of cyberattacks on critical infrastructure and industrial systems, providing an autonomous security layer that neutralizes threats in real-time while maintaining operational continuity.

ARIA Cybersecurity, a CSPi business (NASDAQ:CSPI), announced a new reseller partnership with Rexel USA to protect Rockwell Automation customers from cyberattacks. The partnership centers on ARIA's AZT PROTECT solution, which provides zero-trust protection for critical infrastructure applications.

The first deployment was completed at a large building materials manufacturer's facility in just one hour. AZT PROTECT utilizes AI-based countermeasures to prevent malware, ransomware, and nation-state-backed attacks on critical production control systems. The solution locks down critical applications while preventing code-based attacks from executing.

Rexel USA, part of Rexel Group, serves millions of U.S. customers across industrial, commercial, and residential sectors as a premier Rockwell Automation distributor.

CSPi reported strong fiscal 2025 first quarter results with revenue increasing 2% to $15.7 million. Services revenue grew 17% to $4.7 million, while gross profit increased 11% to $4.6 million. The company's gross margin expanded by over 200 basis points to 29.1%.

The company reported net income of $0.5 million, or $0.05 per diluted share, compared to a net loss of $(73,000) in the prior year period. CSPi maintained a strong balance sheet with $30.7 million in cash and cash equivalents. The Board declared a quarterly dividend of $0.03 per share, payable March 10, 2025.

Key achievements include signing several new ARIA Zero Trust Protect customers in high-growth industries like utility and wastewater treatment, while maintaining strong cloud-based business performance and increased sales to cruise lines.

CSPi (NASDAQ:CSPI), a provider of security and packet capture products, managed IT and professional services, and technology solutions, has scheduled its fiscal 2025 first quarter financial results announcement for February 10, 2025, before market open. CEO Victor Dellovo and CFO Gary W. Levine will host a conference call at 10:00 a.m. ET to discuss the results and provide a business update. The call will be accessible via webcast and telephone, with dial-in numbers provided. A replay will be available on CSPi's website for approximately one year.

ARIA Cybersecurity Solutions, a CSPi business (NASDAQ:CSPI), announced a new reseller partnership with United Flow Technologies (UFT) to protect water treatment facilities from cyberattacks across North America. UFT, serving over 16,000 customers across 40 US states, will resell ARIA's AZT PROTECT zero trust solution.

The AI-based solution is designed to protect critical infrastructure applications from malware, ransomware, and nation-state-backed attacks. The first deployment has been completed at one of UFT's operational technology facilities. AZT PROTECT offers a fully managed system that can be quickly deployed to provide round-the-clock protection, specifically designed for OT environments in the water treatment industry.