CSP Inc (OQ:CSPI)

Sector:  Technology Industry:  IT Services & Consulting
 
See Regulatory Filings on SEC
Company Contact
Address: 215 Bunker Hill St
CHARLESTOWN MA 02129-2423
Tel: N/A
Website: https://www.cspi.com
IR: See website
<
Key People
Victor J. Dellovo
President, Chief Executive Officer, Director
Gary W. Levine
Chief Financial Officer, Treasurer, Secretary
Michael Newbanks
Chief Accounting Officer, Vice President - Finance
Gary Southwell
Vice President, General Manager - High Performance Products
   
Business Overview
CSP Inc. develops and markets information technology (IT) integration solutions, advanced security products, managed information technology services, cloud services, purpose built network adapters, and cluster computer systems. The Company operates through two segments: Technology Solutions (TS) and High Performance Products (HPP). TS focuses on value added reseller (VAR) integrated solutions including third party hardware, software and technical computer related consulting and managed services. TS segment consists of Modcomp, Inc. subsidiary, operates in the United States and the United Kingdom. HPP segment designs, manufactures and delivers products and services to customers that require cyber security services, networking and signal processing products. HPP segment also provides Myricom network adapters for high-performance packet capture and application offloading.
Financial Overview
For the three months ended 31 December 2023, CSP Inc revenues decreased 16% to $15.4M. Net loss applicable to common stockholders totaled $73K vs. income of $906K. Revenues reflect HPPS segment decrease of 71% to $712K, Technology solutions segment decrease of 8% to $14.7M, America segment decrease of 19% to $14.6M. Net loss reflects HPPS segment loss increase from $98K to $1.3M, ITS segment income decrease of 31% to $1M.
Employees: 112 as of Sep 30, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $114.14M as of Dec 31, 2023
Annual revenue (TTM): $61.68M as of Dec 31, 2023
EBITDA (TTM): $0.51M as of Dec 31, 2023
Net annual income (TTM): $3.90M as of Dec 31, 2023
Free cash flow (TTM): $9.12M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 9,753,900 as of Mar 21, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.