Company profile

CSPI stock data

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Calendar

7 Aug 19
19 Oct 19
30 Sep 20

News

Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Revenue 21.57M 16.35M 18.98M 19.64M
Net income 532K -619K 50K 16.23M
Diluted EPS 0.12 -0.15 0.01 4.02
Net profit margin 2.47% -3.79% 0.26% 82.65%
Operating income 145K -771K 15K -1.13M
Net change in cash -1.4M -2.47M -4.45M 14.69M
Cash on hand 16.79M 18.19M 20.66M 25.11M
Cost of revenue 16.73M 12.6M 14.63M 14.8M
Annual (USD) Sep 18 Sep 17 Sep 16 Sep 15
Revenue 72.92M 88.49M 103.37M 89.31M
Net income 14.44M 2.51M 2.6M -210K
Diluted EPS 3.55 0.63 0.67 -0.06
Net profit margin 19.80% 2.83% 2.52% -0.24%
Operating income -1.6M 3.4M 3.8M 226K
Net change in cash 14.69M 2.88M -3.64M -5.27M
Cash on hand 25.11M 10.42M 7.54M 11.18M
Cost of revenue 54.52M 67.07M 78.33M 70.12M

Financial data from CSP earnings reports

Financial report summary

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Competition
IntelTeraForce TechnologyXilinxDellWind River SystemsSilicomNokiaRADCOMGigamonDell
Management Discussion
  • Our revenues increased by approximately $1.6 million, or 8%, to $21.6 million for the three months ended June 30, 2019 as compared to $20.0 million for the three months ended June 30, 2018. The increase in revenue is the result of an increase of $2.5 million in our TS segment, offset with a $0.9 million decrease in our HPP segment. Our gross margin percentage decreased to 22% of revenues for the three months ended June 30, 2019 from 26% for the three months ended June 30, 2018. Operating income decreased by approximately $0.1 million from operating income of $0.2 million for the three months ended June 30, 2018 to operating income of $0.1 million for the three months ended June 30, 2019, primarily as a result decrease in gross margin percentage as a percent of revenue partially offset by a decrease in engineering and development expenses of $0.3 million. The decrease in operating expenses was primarily the result of $0.2 million decrease in our HPP segment. Our provision for income tax was a tax benefit of $326 thousand for the three months ended June 30, 2019 as compared to a tax expense of $249 thousand for the three months ended June 30, 2018. The effective tax benefit rate for the current quarter is 158%. The high effective tax rate was due in part to no tax expense recorded for U.K. income due to a large pension contribution, adjustments of taxes payable and reconciliation of tax provision to the prior year tax returns and the benefit of the research and development credit.   
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New words: British, building, decline, foundation, II, legal, percent, platform, recovery, remained, remaining, reoccur, research
Removed: accounted, combined, currency