StockWatch
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EDP Services
Quarterly ResultMay 7, 2026, 12:33 PM

CSP INC Q2 Net Income $264K; Sales +21.8% to $16.01M

AI Summary

CSP INC reported a net income of $264 thousand for the three months ended March 31, 2026, a significant improvement from a net loss of $108 thousand in the prior year. Total sales for the quarter increased by 21.8% to $16.01 million. For the six months, net income slightly decreased to $355 thousand from $364 thousand, while total sales were $28.05 million, down 2.7%. The company also experienced a shift to net cash used in operating activities of $3.41 million for the six-month period.

Key Highlights

  • Q2 Net income was $264K, swinging from a net loss of $108K in Q2 2025.
  • Q2 Total sales increased 21.8% to $16.01M from $13.15M YoY.
  • Q2 Basic EPS was $0.03, up from $(0.01) in Q2 2025.
  • H1 Total sales decreased 2.7% to $28.05M from $28.82M YoY.
  • H1 Net income was $355K, a slight decrease from $364K in H1 2025.
  • Cash and cash equivalents were $23.10M as of March 31, 2026, down 15.8% from Sep 30, 2025.
  • Net cash used in operating activities for H1 was $(3.41)M, compared to $3.65M provided in H1 2025.
  • The company paid cash dividends of $599K for the six months ended March 31, 2026.