CSP INC. DL-,01

CSP posted fiscal Q3 revenue of $14.4 million, down from $15.4 million a year earlier, and reported a net loss of $846 thousand (9¢ per share) as vendor hardware delivery delays and longer enterprise sales cycles for AZT Protect constrained revenue recognition. Management said Technology Solutions delivered solid order growth but backlog rose about 65% year‑over‑year due to vendors extending delivery times; service gross margin improved and product gross margin expanded. CSP highlighted OEM integration progress for AZT Protect (including Acronis) and said it is restructuring its direct sales team to accelerate large-account land‑and‑expand deals, while maintaining 100% one‑year renewal rates. The company finished the quarter with $24.7 million in cash, authorized a 3¢ per share dividend, and repurchased about 13,000 shares. » Altro su finance.yahoo.com

CSP Inc. reported Q3 trends of extended hardware delivery times pushing backlog up 65% year‑over‑year and expects supply constraints to persist about a year as AI infrastructure demand consumes components. Management is pivoting AZT Protect toward larger enterprise accounts with 18–24 month sales cycles, updated sales hires, and OEM integrations to drive recurring revenue; the Acronis partnership aims for commercial launch by October 1, 2026. Service gross margins improved and AZT Protect has 100% renewal rate with no breaches, while operating loss widened to $1.5 million partly due to pension transaction costs and variable compensation; long‑term receivables totaled $8.3 million at June 30, 2026. » Altro su finance.yahoo.com

Michael Newbanks, vice president of finance and head of accounting at CSP Inc., left his position effective last Friday and remained on in an extended term to hand over his duties until succeeded by Eric Sachs. The company stresses his departure was not due to disagreements with CSP Inc. or the board; Newbanks will continue to advise the company. CSP simultaneously reported strong operating metrics for Q2 2026, with earnings per share of $0.03 and revenue up 22.1%, while the stock has fallen sharply over the past six months. » Altro su de.investing.com