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CSP Inc (CSPI)
NASDAQ:CSPI
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Earnings Data
Report Date
Feb 12, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 27, 2018
|% Change Since: -1.34%
|Next Earnings Date:Aug 13, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While there were significant achievements in recurring revenue growth, cash reserves, and strategic partnerships, the company faced challenges with declining revenue and a net loss for the quarter. The focus on AZT PROTECT and cloud services indicates a positive trajectory, but financial metrics point to underlying issues that need addressing.Company Guidance
During the CSP Inc. Fiscal Fourth Quarter 2024 earnings call, guidance highlighted several key metrics reflecting the company's financial performance and strategic direction. Recurring revenue notably increased to 17% of total sales, a significant rise from below 5% a few years ago. The Technology Solutions business reported $12.7 million in sales for the quarter, contributing to a total revenue of $13 million, although this was a decline from the $15.3 million recorded in the same quarter the previous year. The company's gross profit for the quarter stood at $3.7 million, representing 28.4% of sales. Despite a net loss of $1.7 million, CSPi maintained a robust cash position with $30.6 million in cash and equivalents, up from $25.2 million at the end of fiscal 2023. The company's strategy includes expanding its recurring revenue stream and leveraging partnerships, such as the collaboration with Rockwell Automation, to drive growth in the coming fiscal year.Increase in Recurring Revenue
Recurring revenue increased to 17% of total sales from less than 5% a couple of years ago.
Strong Cash Position
The company ended the fiscal year with more than $30 million in cash and cash equivalents.
New Large Orders and Market Expansion
Signed a large order with cruise ship customers, marking the first professional services order in many quarters, and continued momentum in the ocean freight liner market.
Expansion of Cloud-Based Projects
The company has a dozen active cloud-based projects and continues to see increased demand from cloud clients.
Successful AZT PROTECT Sales Strategy
Significant progress with Rockwell Automation and other distribution partners, including a deal with a Fortune 500 electric energy producer.
Awards and Industry Recognition
AZT PROTECT received 9 industry awards, including the 2024 cybersecurity award by Business Intelligence Group.
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CSPI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CSPI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 20, 2024 | $16.47 | $14.89 | -9.59% |
| Aug 13, 2024 | $15.92 | $13.11 | -17.65% |
| May 08, 2024 | $12.26 | $13.30 | +8.48% |
| Feb 14, 2024 | $14.26 | $13.97 | -2.03% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does CSP Inc (CSPI) report earnings?
CSP Inc (CSPI) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is CSP Inc (CSPI) earnings time?
CSP Inc (CSPI) earnings time is at Feb 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CSPI EPS forecast?
Currently, no data Available
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