Quarterly ResultMay 7, 2026, 08:48 AM
CSP Inc. Q2 Revenue +21.8% to $16.0M; Net Income $0.03/Share; Declares Dividend
AI Summary
CSP Inc. announced strong financial results for the second quarter of fiscal year 2026, reporting a 21.8% increase in revenue to $16.0 million and achieving profitability with net income of $0.03 per share, a significant improvement from a loss in the prior year. The growth was primarily driven by its U.S. Technology Solutions business and continued expansion of its AZT PROTECT cybersecurity solution deployments. The company's Board of Directors also declared a quarterly dividend of $0.03 per share.
Key Highlights
- Quarterly dividend of $0.03 per share declared, payable June 15, 2026.
- Q2 FY2026 revenue increased 21.8% to $16.0 million, up from $13.1 million in prior year.
- Q2 FY2026 net income was $264,000, or $0.03 per share, compared to a net loss of $(108,000) or $(0.01) per share in prior year.
- Q2 product revenue grew 30% to $11.1 million.
- Q2 service revenue grew 6.6% to $4.9 million.
- Q2 gross profit increased to $4.5 million from $4.2 million in prior year.
- Cash and cash equivalents were $23.1 million as of March 31, 2026.
- Six-month revenue for FY2026 was $28.0 million, compared to $28.8 million in prior year.