Csp Inc Stock Price, News & Analysis

CSPi (NASDAQ:CSPI) has been recognized on the 2023 Tech Elite 250 list by CRN, a notable achievement that highlights the company's excellence in managed IT, professional IT, and cloud services.

This annual list showcases solution providers in the U.S. and Canada who excel in technical certifications and specializations from key technology vendors.

The recognition testifies to CSPi's commitment to mastering industry-leading technologies and delivering unparalleled IT solutions to meet client demands, according to Peter Kaufman, VP of Advanced Technologies.

The April issue of CRN Magazine will feature a detailed overview of the Tech Elite 250 list, celebrating top providers like CSPi who demonstrate extensive IT knowledge and service capabilities.

CSPi reported strong financial results for the fiscal 2023 first quarter ending December 31, 2022, achieving $18.3 million in revenue, a 48% increase from the previous year. Product revenue soared by 63%, while services revenue grew 13%. The company declared a quarterly dividend of $0.03 per share, payable on March 14, 2023. Gross profit rose to $5.8 million, marking a gross margin of 31.7%, up nearly 2.5 percentage points year-over-year. The gross backlog stood at $22.9 million. CSPi's consistent growth reflects its strategic shift toward higher-value cybersecurity and managed services offerings.

LOWELL, MA / ACCESSWIRE / February 1, 2023 / CSPi (NASDAQ:CSPI) is set to release its fiscal first quarter financial results on February 8, 2023, prior to market open. CEO Victor Dellovo and CFO Gary W. Levine will conduct a conference call at 10:00 a.m. ET for a financial review and business update. Investors can access the live webcast or listen via telephone. CSPi operates two divisions focused on advanced technology solutions and cybersecurity initiatives, including ARIA Cybersecurity Solutions and Managed IT Services. For additional information, visit the company's website at cspi.com.

CSP Inc. (NASDAQ:CSPI) reported strong financial results for its fiscal 2022 fourth quarter and full year ended September 30, 2022. Product revenue surged by 98.5%, while service revenue increased by 24.6% year-over-year. For the full year, total revenue rose 10.5%, with EPS jumping 161.7%. The gross margin improved to 34.6%, supported by a high backlog of $23.2 million. CSPi also announced a quarterly dividend of $0.03 per share. Despite ongoing supply chain challenges, the company remains optimistic about fiscal 2023 growth prospects.

CSPi (NASDAQ:CSPI) will announce its fiscal fourth quarter and full year financial results on December 6, 2022, before the market opens. A conference call hosted by CEO Victor Dellovo and CFO Gary Levine is scheduled for 10:00 a.m. ET to discuss results and provide business updates. Interested parties can access the call via a live webcast or by telephone. CSPi specializes in security and packet capture products, managed IT, and technology solutions, helping clients enhance their operational success.

CSPi (NASDAQ:CSPI) has been named to the 2022 CRN Managed Service Provider 500 list in the Security 100 category. The prestigious recognition highlights CSPi's expertise in managed IT services and its Vital Managed IT Services offerings. This annual list identifies leading North American solution providers excelling in managed services.

CSPi's services include managed security, backup, disaster recovery, and cloud consulting, aimed at helping organizations optimize efficiency while maintaining budget control.

CSPi Technology Solutions, a business within CSPi (NASDAQ:CSPI), has been recognized in the 2022 Solution Provider 500 list by CRN, which ranks North America's largest solution providers by revenue. This recognition highlights CSPi's commitment to delivering managed IT and cloud services. The Solution Provider 500 list underscores the significant impact these companies have in the IT sector, with a combined revenue exceeding $434 billion. This achievement reflects the dedication of CSPi's engineering and sales teams in addressing client needs.

CSPi (NASDAQ:CSPI), a leader in security and technology solutions, is set to release its fiscal third quarter financial results on August 10, 2022, before the market opens. CEO Victor Dellovo and CFO Gary W. Levine will discuss the results in a conference call at 10:00 a.m. ET. Investors can access the call via a live webcast on CSPi's website or by dialing in. CSPi specializes in cybersecurity products and managed IT services, aiming to enhance data protection and operational efficiency for its clients.

BOSTON, June 06, 2022 (GLOBE NEWSWIRE) -- CSPi announces the launch of its ARIA Zero Trust Gateway, a next-gen network security solution utilizing NVIDIA's BlueField-2 DPU. This security technology is designed to address modern network threats by detecting and stopping attacks in real-time at speeds of 100G. Key features include automated operation, cost-effectiveness, and the capability to operate without impacting data performance. The gateway is set to enhance cybersecurity for network service providers and cloud operators, with availability for purchase starting now.