CSP, Inc. engages in developing and marketing information technology integration solutions, security products, IT services, cloud services, purpose built network adapters, and cluster computer systems. It operates through the High Performance Products and Technology Solutions segments. The High Performance Products segment designs, manufactures, and delivers products and services to customers that require cyber security services, networking, and signal processing products. The Technology Solutions segment focuses on value added reseller integrated solutions including third party hardware, software and technical computer-related consulting, and managed services. The company was founded in 1968 and is headquartered in Lowell, MA.

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CSPi reports fivefold net income growth and secures key contracts

CSPi's Q2 performance reflects a successful strategic shift towards high-margin products, driving substantial net income growth and market recognition.
With a focus on innovation, partnerships, and financial stability, CSPi is well-positioned to capitalize on market opportunities and drive future growth.
While challenges in sustaining growth and navigating competitive landscapes exist, the company's positive outlook and strong fundamentals bode well for its future prospects.

CSPi reports revenue growth and strategic moves amidst market challenges

CSPi's Q3 2024 performance showed positive signs with revenue growth and margin improvement.
Strengths lie in the success of AZT PROTECT, strategic partnerships, and strong TS business performance.
Challenges include achieving profitability, market competition, and integration timelines.
Opportunities exist in product integration, partnerships, service focus, and customer engagement.

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CSP, Inc. engages in the development and marketing of information technology integration solutions. It operates through the Technology Solutions (TS) and High-Performance Products (HPP) segments. The TS segment focuses on generating product revenues by reselling third-party computer hardware and software as a value-added reseller. The HPP segment involves the cybersecurity solution marketed as ARIA, Myricom network adapters and related software, and legacy Multicomputer product portfolio for digital signal processing. The company was founded in 1968 and is headquartered in Lowell, MA.

The company will provide proactive managed services for critical infrastructure across all campus locations. DEERFIELD BEACH, FL / ACCESSWIRE / February 1, 2024 / A CSPi (NASDAQ:CSPI) business, CSPi Technology Solutions, a leading provider of IT solutions and services, announced today that it has been awarded a five-year, multi-million dollar contract to provide managed services for a prominent Florida public college, one of the largest and most diverse institutions of higher education in the nation.

CSPi Technology Solutions Wins A Five-Year, Multi-Million Dollar, Managed Services Contract of a Prominent Florida Public College

New webinar featuring ARIA Cybersecurity and former Pfizer security architect addresses OT cybersecurity risks faced by manufacturers BOSTON, MA / ACCESSWIRE / January 31, 2024 / ARIA Cybersecurity Solutions, a CSPi business (NASDAQ:CSPI), has warned of the rapidly escalating cybersecurity risks facing companies with operational technology (OT) in the manufacturing sector. In a new webinar, "How to Safeguard Your OT Environment", Gary Southwell, chief executive of ARIA Cybersecurity is joined by Jim LaBonty, formerly Global Head of Automation Engineering at Pfizer Inc. They discuss how current passive and active cloud-based cybersecurity solutions are failing to guard against a new era of AI-enabled attacks-creating substantial financial, regulatory, and reputational risks in manufacturing sectors such as pharmaceuticals.

ARIA Cybersecurity Calls for New Approach to Securing Operational Technology from Sophisticated Cyberattacks

CSP Inc. experienced backlog buildup during the height of the COVID-19 pandemic, but revenues and income have increased as backlog returned to pre-pandemic levels.

CSP Inc.'s Game Changing Product Launch Offers An Investment Opportunity

CSP Inc. (NASDAQ:CSPI ) Q4 2023 Results Conference Call December 12, 2023 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 Greetings, and welcome to CSPI's Fourth Quarter and Fiscal Year 2023 Conference Call. At this time, all participants are in a listen-only mode, and a question-and-answer session will follow the formal presentation.

CSP Inc. (CSPI) Q4 2023 Earnings Call Transcript

Commenced Fiscal 2024 with Momentum as Recently Launched AZT PROTECT Offering Secures Initial Customer Orders and Generates Enthusiasm at Several Industry Conferences Year End Backlog of Over $7 Million Returns to Pre-Pandemic Levels as Supply Chain Challenges Continue to Ease LOWELL, MA / ACCESSWIRE / December 12, 2023 / 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 fiscal fourth quarter and full year ended September 30, 2023. The Company also announced that the Board of Directors declared a quarterly dividend of $0.04 per share payable January 9, 2024, to shareholders of record on the close of business on December 22, 2023.

CSP Inc. Reports 19% Year-over-Year Revenue Growth for Fiscal 2023; Net Income per Common Share - Diluted Increases 161% to $1.09

LOWELL, MA / ACCESSWIRE / December 7, 2023 / CSPi (NASDAQ:CSPI), an award-winning provider of security and packet capture products, managed IT and professional services and technology solutions, announced that it will issue its fiscal 2023 full year financial results before the open of the market on Tuesday, December 12, 2023. CSPi President and Chief Executive Officer Victor Dellovo and Chief Financial Officer Gary W.

CSPi to Announce Fiscal 2023 Full Year Results on December 12, 2023

Leading Australian MSSP launches new managed Security Operations Center (SOC) service for IT and critical infrastructure customers BOSTON, MA / ACCESSWIRE / November 28, 2023 / ARIA Cybersecurity Solutions, a CSPi business (NASDAQ:CSPI), has launched its AZT PROTECT™ solution in Australia via a partnership with Logi-Tech, a leading local managed security service provider (MSSP). By adding AZT PROTECT to its portfolio, Logi-Tech can offer a groundbreaking service for protecting critical applications in operational technology (OT) environments such as manufacturing, mining, and government.

ARIA Cybersecurity Partners With Logi-Tech To Protect Australia's Critical Infrastructure From Growing Cyberthreat

CSP Inc. provides managed IT services, security software, and IT consulting services. The company has shown profitable growth and recently launched its ARIA security software product, which may drive future growth. Investors with a risk-on perspective may wish to consider buying CSP Inc. shares at around $24.80 per share based on the company's growth prospects.

CSP Sees Positive Initial Client Response To AZT Protect Software

A major intelligence agency is deploying AZT PROTECT to guard against a new wave of international cyberattacks BOSTON, MA / ACCESSWIRE / November 9, 2023 / ARIA Cybersecurity Solutions, a CSPi business (NASDAQ:CSPi), announced today that a major western intelligence agency has selected AZT PROTECT™ to protect its critical intelligence gathering and analysis operations from cyberattack. This new contract builds on ARIA Cybersecurity's proven track record in providing security solutions for military and intelligence agencies around the world, including the U.S. Department of Defense (DoD).

Leading Western Intelligence Agency Looks to ARIA Cybersecurity to Protect Critical Assets From Sophisticated Cyberattack

Fortune-500 chemicals manufacturer deploys AZT PROTECT™ solution from ARIA Cybersecurity to protect production applications from exploit and attack. BOSTON, MA / ACCESSWIRE / October 30, 2023 / ARIA Cybersecurity Solutions, a CSPi business (NASDAQ:CSPI), has announced the first customer for its latest solution, AZT PROTECT™, which provides proactive cyberattack protection for Operational Technology (OT) environments.

Leading Chemical Manufacturer Selects ARIA Cybersecurity AZT Solution to Protect Production Facilities

CSP Inc. (NASDAQ:CSPI ) Q3 2023 Earnings Conference Call August 9, 2023 10:00 AM ET Company Participants Michael Polyviou - Investor Relations Victor Dellovo - Chief Executive Officer Gary Levine - Chief Financial Officer Conference Call Participants Mike Price - Investor Joseph Nerges - Segren Investments Brett Davidson - Investor Will Lauber - Visionary Wealth Advisors Operator Good morning, and welcome to CSPI's Third Quarter Fiscal Year 2023 Conference Call. At this time, all participants are in a listen-only mode and a question-and-answer session will follow the formal presentation.

CSP Inc. (CSPI) Q3 2023 Earnings Call Transcript

Latest Product Launch, of ARIA Zero Trust PROTECT (AZT PROTECT™), is Generating Considerable Attention from Industry Leaders Patented AI Technology Protects Critical Operational Technology Environments from Growing Cybersecurity Threats; Sales will Contribute to Growth of High Performance Product Business LOWELL, MA / ACCESSWIRE / August 9, 2023 / 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 third quarter of fiscal 2023 ended June 30, 2023. The fiscal 2023 third quarter revenue grew 33% compared to the same prior year quarter.

CSP Inc.'s Momentum Increased During Fiscal Third Quarter as Revenue Grows 33% Compared to the Prior Year Fiscal Third Quarter

LOWELL, MA / ACCESSWIRE / August 3, 2023 / CSPi (NASDAQ:CSPI), a provider of security and packet capture products, managed IT and professional services and technology solutions, announced that it will issue its fiscal third quarter financial results before the open of the market on Wednesday, August 9, 2023. CSPi President and Chief Executive Officer Victor Dellovo and Chief Financial Officer Gary W.

CSPi to Announce Fiscal Third Quarter Results on August 9, 2023

BOSTON, MA / ACCESSWIRE / July 13, 2023 / ARIA Cybersecurity Solutions, a CSPi business (NASDAQ:CSPi), today launched a breakthrough solution for protecting operational technology (OT) environments, which stops even the most advanced and dangerous cyberattacks before they do harm. ARIA Zero Trust PROTECT (AZT PROTECT™) is an advanced AI-driven endpoint protection solution that protects devices running critical applications in sectors such as pharmaceuticals, transportation, energy, utilities, smart manufacturing, and autonomous vehicles.

ARIA Cybersecurity Unveils Revolutionary New AI Approach to Protect Critical OT Environments from Growing Cyberthreat

CSP Inc. (NASDAQ:CSPI ) Q2 2023 Earnings Conference Call May 10, 2023 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 Brett Davidson - Private Investor Operator Good morning, everybody and welcome to CSPI Second Quarter Fiscal Year 2023 Results Conference Call. [Operator Instructions] Please note this conference is being recorded.

CSP Inc. (CSPI) Q2 2023 Earnings Call Transcript

Backlog Exceeds $22 Million as Demand for Award-Winning Products and Services Remain High Recurring Revenue Increased 25% from Prior Year Second Quarter LOWELL, MA / ACCESSWIRE / May 10, 2023 / CSP Inc. (NASDAQ:CSPI), an award-winning provider of security and packet capture products, managed IT and professional services and technology solutions, today reported fiscal 2023 second quarter revenue grew 11% while diluted earnings per common share increased to $0.07 compared to $0.03 in the prior year second quarter. The company also announced that its Board of Directors has declared a 33% increase in the quarterly dividend, from $0.03 per share to $0.04 per share payable June 13, 2023 to shareholders of record on the close of business on May 25, 2023.

CSP Inc. Momentum Continues During Fiscal Second Quarter With 11% Revenue Growth and Diluted Earnings per Common Share of $0.07 Compared to $0.03 in the Prior Fiscal Year Second Quarter, Quarterly Dividend of $0.04 per Share Declared

LOWELL, MA / ACCESSWIRE / May 4, 2023 / CSPi (NASDAQ:CSPI), a provider of security and packet capture products, managed IT and professional services and technology solutions, announced that it will issue its fiscal second quarter financial results before the open of the market on Wednesday, May 10, 2023. CSPi President and Chief Executive Officer Victor Dellovo and Chief Financial Officer Gary W.

CSPi to Announce Fiscal Second Quarter Results on May 10, 2023

DEERFIELD BEACH, FL / ACCESSWIRE / April 13, 2023 / CSPi (NASDAQ:CSPI), a solution provider delivering managed IT, professional IT, and cloud services, announces today that CRN®, a brand of The Channel Company, has named CSPI Technology Solutions to Managed Service Provider (MSP) 500 list in the Managed Security 100 category for 2023. CRN's annual MSP 500 list identifies the industry-leading service providers in North America who are driving a new wave of growth and innovation for the channel through forward-thinking approaches to managed services, helping end users increase efficiency and simplify IT solutions, while maximizing their return on investment.

CSPi Technology Solutions Recognized on CRN's 2023 MSP500 List

DEERFIELD BEACH, FL / ACCESSWIRE / April 14, 2023 / CSPi (NASDAQ:CSPI), a solution provider delivering managed IT, professional IT, and cloud services, today announced that CRN, a brand of The Channel Company, has honored CSPi Technology Solutions on its 2023 Tech Elite 250 list. This annual list features solution providers of all sizes across the U.S and Canada that have differentiated themselves by achieving the highest level and largest breadth of certifications and specializations from key technology vendors in the infrastructure, cloud, and security spaces.

CSPi Technology Solutions Honored on the 2023 CRN Tech Elite 250 List

Managed services driving momentum with speculative catalysts on the horizon. Major secular tailwinds in cybersecurity.

CSP Inc.: Singular Research Special Situations Report

CSP Inc. (NASDAQ:CSPI ) Q1 2023 Earnings Conference Call February 8, 2023 10:00 AM ET Company Participants Michael Polyviou - IR Victor Dellovo - CEO Gary Levine - CFO Conference Call Participants Joseph Nerges - Sergen Investments Brett Davidson - Investletter Operator Good day, and welcome to the CSPi's First Quarter and Fiscal Year 2023 Conference Call. At this time, all participants have been placed on listen-only mode and the floor will be opened for questions and comments after the presentation.

CSP Inc. (CSPI) Q1 2023 Earnings Call Transcript

Gross Backlog of Approximately $22.9 Million; Board Declares Cash Dividend LOWELL, MA / ACCESSWIRE / February 8, 2023 / CSP Inc. (NASDAQ:CSPI), an award-winning provider of security and packet capture products, managed IT and professional services and technology solutions, today reported continued business momentum for the fiscal 2023 first quarter ended December 31, 2022. The Company also announced that the Board of Directors declared a quarterly dividend of $0.03 per share payable March 14, 2023, to shareholders of record on the close of business on February 24, 2023.

CSP Inc. Grows Fiscal First Quarter Revenue 48% from Prior Year First Quarter; Reports EPS of $0.21

LOWELL, MA / ACCESSWIRE / February 1, 2023 / CSPi (NASDAQ:CSPI), a provider of security and packet capture products, managed IT and professional services and technology solutions, announced that it will issue its fiscal first quarter financial results before the open of the market on Wednesday, February 8, 2023. CSPi President and Chief Executive Officer Victor Dellovo and Chief Financial Officer Gary W.

CSPi to Announce Fiscal First Quarter Results on February 8, 2023

CSP Inc. (NASDAQ:CSPI ) Q4 2022 Results Conference Call December 6, 2022 10:00 AM ET Company Participants Michael Polyviou - IR Victor Dellovo - CEO Gary Levine - CFO Operator Good morning, ladies and gentlemen. And welcome to the CSPI's Fourth Quarter Fiscal Year 2022 Financial and Operating Results Conference Call.

CSP Inc. (CSPI) Q4 2022 Earnings Call Transcript

Full Year Gross Margin Increase Reflects Continued Demand for High Margin Products and Services LOWELL, MA / ACCESSWIRE / December 6, 2022 / CSP Inc. (NASDAQ:CSPI), an award-winning provider of security and packet capture products, managed IT and professional services and technology solutions, reported significantly improved financial and operating results for the fiscal 2022 fourth quarter and full year ended September 30, 2022, and provided a business update. The Company also announced that its board of directors has voted to pay a quarterly dividend of $0.03 per share to shareholders of record on December 21, 2022, payable on January 6, 2023.

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