CSP (CSPI) Registers Loss and Y/Y Revenue Decline in Q3
CSPICSP (CSPI) ZACKS·2024-08-16 00:36

CSP Inc.'s (CSPI) third-quarter fiscal 2024 results reflect a challenging transition from last year’s backlog-driven revenue boost to more normalized operations. The company faced a decline in product sales and overall revenues, leading to a slight net loss. However, growth in its Services segment and strong cash reserves underscore strategic efforts to enhance profitability and position the company for success.Q2 ResultsCSPI reported a third-quarter fiscal 2024 loss per share of 2 cents, moving down from t ...