CSPi Generates 18% Revenue Growth During FY 2025 Third Quarter
CSP Inc. (NASDAQ:CSPI) reported strong financial results for Q3 FY2025, with total revenue increasing 18% to $15.4 million compared to Q3 FY2024. The Technology Solutions segment grew 20%, driven by increased cloud-based services demand and Maritime customer growth.
Product revenue rose 29% to $10.2 million, while service revenue showed slight growth at $5.3 million. The company reported a net loss of $(0.3) million or $(0.03) per share. CSPi maintained a strong balance sheet with $26.3 million in cash and declared a quarterly dividend of $0.03 per share.
Notable achievements include selection for a Microsoft Azure Project, expanded relationship with a South African cell tower customer, and inclusion in the Russell 3000® Index. The company's AZT PROTECT™ solution gained traction in steel, concrete, and lumber industries.
CSP Inc. (NASDAQ:CSPI) ha registrato solidi risultati finanziari per il terzo trimestre dell'esercizio 2025, con i ricavi totali in aumento del 18% a $15.4 milioni rispetto al terzo trimestre dell'esercizio 2024. Il segmento Technology Solutions è cresciuto del 20%, trainato dall'aumentata domanda di servizi cloud e dall'espansione della clientela nel settore marittimo.
I ricavi da prodotti sono saliti del 29% a $10.2 milioni, mentre i ricavi da servizi hanno segnato una lieve crescita a $5.3 milioni. La società ha riportato una perdita netta di $(0.3) milioni, ovvero $(0.03) per azione. CSPi ha mantenuto una solida posizione patrimoniale con $26.3 milioni in contanti e ha dichiarato un dividendo trimestrale di $0.03 per azione.
Tra i risultati rilevanti figurano la selezione per un progetto Microsoft Azure, l'ampliamento della collaborazione con un cliente sudafricano di torri per cellulari e l'inclusione nell'indice Russell 3000®. La soluzione AZT PROTECT™ ha guadagnato terreno nei settori dell'acciaio, del cemento e del legname.
CSP Inc. (NASDAQ:CSPI) presentó sólidos resultados financieros en el tercer trimestre del ejercicio fiscal 2025, con ingresos totales que aumentaron un 18% hasta $15.4 millones frente al tercer trimestre del ejercicio 2024. El segmento Technology Solutions creció un 20%, impulsado por la mayor demanda de servicios en la nube y la expansión de clientes en el sector marítimo.
Los ingresos por productos subieron un 29% hasta $10.2 millones, mientras que los ingresos por servicios mostraron un leve incremento hasta $5.3 millones. La compañía registró una pérdida neta de $(0.3) millones, es decir $(0.03) por acción. CSPi mantuvo un balance sólido con $26.3 millones en efectivo y declaró un dividendo trimestral de $0.03 por acción.
Entre los logros destacables se encuentran la selección para un proyecto de Microsoft Azure, la ampliación de la relación con un cliente sudafricano de torres celulares y la inclusión en el índice Russell 3000®. La solución AZT PROTECT™ ganó tracción en las industrias del acero, el hormigón y la madera.
CSP Inc. (NASDAQ:CSPI)는 2025 회계연도 3분기에 강한 재무 실적을 발표했습니다. 총수익은 전년 동기(Q3 FY2024) 대비 18% 증가한 $15.4 million을 기록했으며, Technology Solutions 부문은 클라우드 기반 서비스 수요 증가와 해양(마리타임) 고객 확대에 힘입어 20% 성장했습니다.
제품 매출은 29% 증가한 $10.2 million을 기록했고, 서비스 매출은 $5.3 million로 소폭 증가했습니다. 회사는 순손실 $(0.3) million, 주당 $(0.03)를 보고했습니다. CSPi는 $26.3 million의 현금을 보유해 견고한 재무 상태를 유지했으며, 주당 $0.03의 분기 배당을 선언했습니다.
주요 성과로는 Microsoft Azure 프로젝트 선정, 남아프리카 소재 기지국(셀타워) 고객과의 관계 확대, Russell 3000® 지수 편입 등이 있으며, AZT PROTECT™ 솔루션은 철강, 콘크리트, 목재 산업에서 채택이 확대되고 있습니다.
CSP Inc. (NASDAQ:CSPI) a publié de solides résultats financiers pour le troisième trimestre de l'exercice 2025, les revenus totaux ayant augmenté de 18% à $15.4 millions par rapport au troisième trimestre de l'exercice 2024. Le segment Technology Solutions a progressé de 20%, porté par une demande accrue de services cloud et par la croissance de la clientèle dans le secteur maritime.
Les revenus produits ont augmenté de 29% à $10.2 millions, tandis que les revenus de services ont légèrement progressé à $5.3 millions. La société a enregistré une perte nette de $(0.3) million, soit $(0.03) par action. CSPi maintient une situation financière solide avec $26.3 millions en liquidités et a déclaré un dividende trimestriel de $0.03 par action.
Parmi les réalisations notables figurent la sélection pour un projet Microsoft Azure, l'élargissement de la relation avec un client sud-africain de pylônes de téléphonie mobile et l'inclusion dans l'indice Russell 3000®. La solution AZT PROTECT™ a gagné du terrain dans les secteurs de l'acier, du béton et du bois.
CSP Inc. (NASDAQ:CSPI) meldete starke Finanzergebnisse für das dritte Quartal des Geschäftsjahres 2025: Der Gesamtumsatz stieg um 18% auf $15.4 Millionen gegenüber Q3 FY2024. Das Segment Technology Solutions wuchs um 20%, angetrieben durch eine erhöhte Nachfrage nach Cloud-basierten Dienstleistungen und ein Wachstum der Kunden im maritimen Bereich.
Die Produktumsätze erhöhten sich um 29% auf $10.2 Millionen, während die Serviceerlöse mit $5.3 Millionen leicht zunahmen. Das Unternehmen verzeichnete einen Nettoverlust von $(0.3) Millionen bzw. $(0.03) je Aktie. CSPi verfügte über eine starke Bilanz mit $26.3 Millionen in bar und erklärte eine Quartalsdividende von $0.03 je Aktie.
Zu den bemerkenswerten Erfolgen zählen die Auswahl für ein Microsoft Azure-Projekt, die erweiterte Beziehung zu einem südafrikanischen Mobilfunkmasten-Kunden und die Aufnahme in den Russell 3000® Index. Die Lösung AZT PROTECT™ gewinnt in den Branchen Stahl, Beton und Holz an Bedeutung.
- Revenue growth of 18% year-over-year to $15.4 million
- Technology Solutions segment revenue increased 20%
- Product revenue surged 29% to $10.2 million
- Strong cash position of $26.3 million
- Inclusion in the Russell 3000® Index
- Expanded multi-year contract with South African cell tower customer
- New AZT PROTECT™ customer acquisitions in steel, concrete and lumber industries
- Net loss increased to $(0.3) million from $(0.2) million year-over-year
- Gross margin declined to 29% from 34% in the previous year
- Nine-month net income decreased to $0.1 million from $1.3 million year-over-year
Insights
CSPi shows 18% revenue growth but reduced margins with net loss of $0.03/share as AZT PROTECT pipeline strengthens amid strategic channel expansion.
CSPi's Q3 FY2025 results reveal a company in transition, with 18% year-over-year revenue growth to
However, this revenue growth comes with concerning margin compression. Gross margin contracted significantly from
The nine-month results further illustrate this profit compression trend. While revenue increased to
The balance sheet remains solid with
The inclusion in the Russell 3000 Index represents an opportunity for increased institutional awareness, which could benefit share liquidity and potentially valuation. Management's optimism about the AZT PROTECT pipeline needs to translate into improved bottom-line results for investors to see meaningful long-term value creation beyond the current top-line growth trajectory.
Reports Continued Progress Penetrating AZT PROTECT™ Sales Channels as Managed Services and Cloud-Based Businesses Maintain Growth Trajectories
LOWELL, MA / ACCESS Newswire / August 14, 2025 / 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, including an
Recent Achievements and Operating Highlights
Technology Solutions (TS) revenue grows
20% for the third fiscal quarter of 2025 compared to the same prior year quarter, reflecting increased demand for cloud-based services and from our Maritime commercial and tourism customers.TS selected to deliver critical Microsoft Azure Project for Florida-Based Healthcare Provider due to its technical expertise in cloud services.
The High-Performance Products (HPP) segment broadened its relationship with South African cell tower customer with an additional multi-year contract to protect cell tower visual monitoring systems involving deploying AZT PROTECT™.
Strengthened reseller relationships led to new AZT PROTECT™ customer engagements in the steel, concrete and lumber industries.
Strongest customer order pipeline for AZT PROTECT™ since introducing the product reflecting the increasing market awareness and demand for our innovative solutions both domestically and internationally.
Added as a member of the broad-market Russell 3000® Index as part of the 2025 Russell indexes reconstitution.
Board of Directors declares
$0.03 per share quarterly dividend.
"In addition to
"The success of our AZT PROTECT™ reseller and distribution-focused strategy was featured prominently in the fiscal third quarter as we signed new customers in the steel, concrete and lumber industries. These are critically important verticals, allowing us to further develop the relationship with Rockwell and other resellers as we build brand identity in dynamic growth markets. Internationally, the recently announced follow up order with a South African cell tower company demonstrates the impact of our layered-on sales approach to position the Company for larger six and seven figure contracts. As we remain focused on executing our go-to-market strategies, I believe our inclusion in the Russell 3000® Index will elevate the awareness of our story among a broader institutional base and coincide with new AZT PROTECT™ customers."
Fiscal 2025 Third Quarter Results
Revenue for the fiscal third quarter ended June 30, 2025, increased
Gross profit for the three months ended June 30, 2025, was
The Company continued to maintain a robust balance sheet and as of June 30, 2025, had cash and cash equivalents of
Fiscal Year 2025 Nine Month Results
Revenue for the fiscal nine months ended June 30, 2025, was
Conference Call Details
CSPi Chief Executive Officer Victor Dellovo and Chief Financial Officer Gary W. Levine will host a conference call at 10:00 a.m. (ET) today to review CSPi's financial results and provide a business update. To listen to a live webcast of the call, the event link is https://www.webcaster4.com/Webcast/Page/2912/52832. Individuals also may listen to the call via telephone, by dialing 973-528-0016 or 877-545-0523 and use the Participant Access Code: 382619 when greeted by the live operator. A replay of the webcast will be available for approximately one year on the CSPi website.
About CSPi
CSPi (NASDAQ:CSPI) operates two segments, each with unique expertise in designing and implementing technology solutions to help customers use technology to success. The High Performance Product segment, including ARIA Cybersecurity Solutions, recognizes that better, stronger, more effective cybersecurity starts with a smarter approach. ARIA's solutions provide new ways for organizations to protect their most critical assets-they can shield their critical applications from cyberattack with the AZT solution, while monitoring internal traffic, device-level logs, and alert output with our ARIA ADR solution to substantially improve threat detection and surgically disrupt cyberattacks and data exfiltration. Rounding out the portfolio, Aria's AZT Gateway Software allows us to interrogate network packets at 100mbps line-rate to enforce forwarding and capture policies on the fly. Customers in a range of industries rely on our solutions to accelerate incident response, automate breach detection, and protect their most critical assets and applications-no matter where they are stored, used, or accessed.
CSPi's Technology Solutions segment helps clients achieve their business goals and accelerate time to market through innovative IT solutions and professional services by partnering with best-in-class technology providers. For organizations that want the benefits of an IT department without the cost, we offer a robust catalog of Managed IT Services providing 24×365 proactive support. Our team of engineers have expertise across major industries supporting five key technology areas: Advanced Security; Communication and Collaboration; Data Center; Networking; and Wireless & Mobility.
Safe Harbor
The Company wishes to take advantage of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995 with respect to statements that may be deemed to be forward-looking under the Act. Such forward-looking statements may include but are not limited to projections or guidance concerning business performance, revenue, earnings, cash flow, the current economic environment, liquidity, strategic decisions and actions, and other financial and operational measures. Statements include our layered-on sales approach to position the Company for larger six and seven figure contracts, midway through the fiscal fourth quarter we are continuing to experience high interest across our business segments, which increases our potential to grow the top and bottom line for the full fiscal year, our inclusion in the Russell 3000® Index will elevate the awareness of our story among a broader institutional base and coincide with new AZT PROTECT™ customers.
The Company cautions that numerous factors could cause actual results to differ materially from forward-looking statements made by the Company. Such risks include general economic conditions, market factors, competitive factors and pricing pressures, and others described in the Company's filings with the Securities and Exchange Commission ("SEC"). Please refer to the section on forward-looking statements included in the Company's filings with the SEC.
CONTACT:
CSP Inc.
Gary Levine, 978-954-5040
Chief Financial Officer
CSP INC. AND SUBSIDIARIES | ||||||||
CONDENSED CONSOLIDATED BALANCE SHEETS | ||||||||
(Amounts in thousands) | ||||||||
June 30, 2025 | September 30, 2024 | |||||||
Assets | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | $ | 26,308 | $ | 30,585 | ||||
Accounts receivable, net | 13,453 | 14,494 | ||||||
Financing receivables, net | 3,869 | 4,384 | ||||||
Inventories | 3,532 | 2,293 | ||||||
Other current assets | 2,342 | 3,093 | ||||||
Total current assets | 49,504 | 54,849 | ||||||
Financing receivables due after one year, net | 3,069 | 2,922 | ||||||
Cash surrender value of life insurance | 5,806 | 5,589 | ||||||
Other assets | 8,405 | 6,076 | ||||||
Total assets | $ | 66,784 | $ | 69,436 | ||||
Liabilities and Shareholders' Equity | ||||||||
Current liabilities | $ | 15,366 | $ | 18,682 | ||||
Pension and retirement plans | 1,259 | 1,306 | ||||||
Other non-current liabilities | 2,675 | 2,178 | ||||||
Shareholders' equity | 47,484 | 47,270 | ||||||
Total liabilities and shareholders' equity | $ | 66,784 | $ | 69,436 | ||||
CSP INC. AND SUBSIDIARIES | ||||||||||||||||
CONDENSED UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS | ||||||||||||||||
(Amounts in thousands, except per share data ) | ||||||||||||||||
Three months ended | Nine months ended | |||||||||||||||
June 30 | June 30 | June 30 | June 30 | |||||||||||||
2025 | 2024 | 2025 | 2024 | |||||||||||||
Sales: | ||||||||||||||||
Product | $ | 10,150 | $ | 7,845 | $ | 29,717 | $ | 27,710 | ||||||||
Services | 5,298 | 5,260 | 14,548 | 14,476 | ||||||||||||
Total sales | 15,448 | 13,105 | 44,265 | 42,186 | ||||||||||||
Cost of sales: | ||||||||||||||||
Product | 8,553 | 6,523 | 24,551 | 21,167 | ||||||||||||
Services | 2,442 | 2,000 | 6,490 | 5,864 | ||||||||||||
Total cost of sales | 10,995 | 8,523 | 31,041 | 27,031 | ||||||||||||
Gross profit | 4,453 | 4,582 | 13,224 | 15,155 | ||||||||||||
Operating expenses: | ||||||||||||||||
Engineering and development | 791 | 737 | 2,340 | 2,163 | ||||||||||||
Selling, general and administrative | 4,885 | 4,565 | 13,455 | 12,821 | ||||||||||||
Total operating expenses | 5,676 | 5,302 | 15,795 | 14,984 | ||||||||||||
Operating (loss) income | (1,223 | ) | (720 | ) | (2,571 | ) | 171 | |||||||||
Other income, net | 208 | 460 | 1,122 | 1,232 | ||||||||||||
(Loss) income before income taxes | (1,015 | ) | (260 | ) | (1,449 | ) | 1,403 | |||||||||
Income tax (benefit) expense | (751 | ) | (75 | ) | (1,549 | ) | 73 | |||||||||
Net (loss) income | $ | (264 | ) | $ | (185 | ) | $ | 100 | $ | 1,330 | ||||||
Net (loss) income attributable to common shareholders | $ | (264 | ) | $ | (185 | ) | $ | 94 | $ | 1,244 | ||||||
Net (loss) income per common share - basic | $ | (0.03 | ) | $ | (0.02 | ) | $ | 0.01 | $ | 0.14 | ||||||
Weighted average shares outstanding - basic | 9,362 | 9,110 | 9,275 | 9,014 | ||||||||||||
Net (loss) income per common share - diluted | $ | (0.03 | ) | $ | (0.02 | ) | $ | 0.01 | $ | 0.13 | ||||||
Weighted average shares outstanding net income - diluted | 9,362 | 9,110 | 9,611 | 9,410 | ||||||||||||
SOURCE: CSP, Inc.
View the original press release on ACCESS Newswire
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