CSPInc. operates two divisions, each with unique expertise in designing and implementing technology solutions to help their customers use technology as a means to success. The High Performance Product division, including ARIA Cybersecurity Solutions, originated from supporting initiatives for the Department of Defense and Western intelligence agencies related to network monitoring, data protection, and intelligence initiatives. This focused mindset now results in foolproof data protection, enterprise wide. Our ARIA Software Defined Security solutions set provides enhanced network security, as well as accelerating incident response capabilities, while our Myricom nVoy Series appliances provide automated breach identification and notification, enabled by the 10G dropless packet capture inherent in our Myricom intelligent adapters. CSPi's Technology Solutions division helps clients achieve their business goals and accelerate time to market through innovative IT solutions and professional services by partnering with best-in-class technology providers. For organizations that want the benefits of an IT department without the cost, we offer a robust catalog of Managed IT Services providing 24×365 proactive support. Our team of engineers have expertise across major industries supporting five key technology areas: Advanced Security; Communication and Collaboration; Data Center; Networking; and Wireless & Mobility.

Company profile
Ticker
CSPI
Exchange
Website
CEO
Victor J. Dellovo
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
CSP Securities Corp. • Modcomp, Inc ...
IRS number
42441294
CSPI stock data
Press releases
Aria Cybersecurity Introduces Breakthrough Solution Accelerated by NVIDIA to Stop Network-Based Cyber-Attacks Within Core of the Internet and Public Cloud
6 Jun 22
CSP Inc. Reports Improving Business Trends During Second Fiscal Quarter of Fiscal Year 2022 as Backlog Exceeds $17 Million
11 May 22
CSPi to Announce Fiscal Second Quarter Financial Results on May 11, 2022
5 May 22
US Government Warns Businesses to Beef Up Cybersecurity, These Companies are Positioned to Help
1 Apr 22
Calendar
11 May 22
26 Jun 22
30 Sep 22
Financial summary
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Diluted EPS |
Annual (USD) | Sep 21 | Sep 20 | Sep 19 | Sep 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 20.33M | 20.33M | 20.33M | 20.33M | 20.33M | 20.33M |
Cash burn (monthly) | (no burn) | 5.42K | (no burn) | 80.83K | (no burn) | (no burn) |
Cash used (since last report) | n/a | 15.57K | n/a | 232.39K | n/a | n/a |
Cash remaining | n/a | 20.32M | n/a | 20.1M | n/a | n/a |
Runway (months of cash) | n/a | 3750.7 | n/a | 248.7 | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Jun 22 | Nerges Joseph R | Common Stock | Buy | Acquire P | No | No | 8.95 | 300 | 2.69K | 508,480 |
16 Jun 22 | Nerges Joseph R | Common Stock | Buy | Acquire P | No | No | 8.9 | 500 | 4.45K | 508,180 |
16 Jun 22 | Nerges Joseph R | Common Stock | Buy | Acquire P | No | No | 8.85 | 500 | 4.43K | 507,680 |
16 Jun 22 | Nerges Joseph R | Common Stock | Buy | Acquire P | No | No | 8.75 | 300 | 2.63K | 507,180 |
16 Jun 22 | Nerges Joseph R | Common Stock | Buy | Acquire P | No | No | 8.7 | 500 | 4.35K | 506,880 |
16 Jun 22 | Nerges Joseph R | Common Stock | Buy | Acquire P | No | No | 8.6 | 600 | 5.16K | 506,380 |
16 Jun 22 | Nerges Joseph R | Common Stock | Buy | Acquire P | No | No | 8.5 | 500 | 4.25K | 505,780 |
15 Jun 22 | Nerges Joseph R | Common Stock | Buy | Acquire P | No | No | 8.9 | 500 | 4.45K | 505,280 |
15 Jun 22 | Nerges Joseph R | Common Stock | Buy | Acquire P | No | No | 8.8 | 2 | 17.6 | 504,780 |
14 Jun 22 | Nerges Joseph R | Common Stock | Buy | Acquire P | No | No | 8.8 | 13 | 114.4 | 504,778 |
Institutional ownership, Q4 2021
24.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 17 |
Opened positions | 2 |
Closed positions | 0 |
Increased positions | 4 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 9.68M |
Total shares | 1.1M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Visionary Wealth Advisors | 270.63K | $2.38M |
Dimensional Fund Advisors | 264.06K | $2.32M |
Renaissance Technologies | 206.59K | $1.82M |
Vanguard | 195.7K | $1.72M |
Bridgeway Capital Management | 47.1K | $414K |
Mercer Global Advisors | 34.39K | $302K |
Integrated Wealth Concepts | 30.47K | $268K |
Dakota Wealth Management | 24.25K | $213K |
BLK Blackrock | 11.73K | $103K |
Geode Capital Management | 10.37K | $91K |
Financial report summary
?Competition
Intel • Xilinx • Dell • Cisco Systems • Silicom • Nokia • Radcom • PC Connection • PARETEUM • DellManagement Discussion
- Our sales decreased by approximately $1.1 million, or 4%, to $24.4 million for the six months ended March 31, 2022 as compared to $25.5 million for the six months ended March 31, 2021. The decrease in sales is the result of a decrease of $0.9 million in our TS segment and a decrease of $0.2 million in our HPP segment. Our gross margin percentage increased to 32% of sales for the six months ended March 31, 2022 as compared to 30% for the six months ended March 31, 2021. For the six months ended March 31, 2022 there was an operating loss of $0.4 million compared to an operating loss of $0.7 million for the six months ended March 31, 2021, primarily as a result of improved margins in the TS segment. Other income, (expense) net decreased $1.6 million for the six months ended to March 31, 2022 as compared to the six months ended March 31, 2021. The largest items contributing to this change are the forgiveness of the Payroll Protection Program loans in the prior year in the amount of $2.2 million causing a gain which did not occur in the current period, partially offset with a net increase in foreign exchange gain of $0.8 million from the prior year. The income tax expense of $17 thousand for the six months ended March 31, 2022 is primarily driven by minimum state tax expenses, as the Company continues to maintain a full valuation allowance on their operations. The income tax expense of $833 thousand for the six months ended March 31, 2021 was primarily driven by an increase in the valuation allowance against deferred tax assets in the period, offset by a benefit recorded for the change in tax law, allowing for the immediate deduction of covered expense incurred through the Paycheck Protection Program.
Content analysis
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H.S. sophomore Avg
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New words:
announced, announcement, authorized, Board, chain, clarity, commencement, Commission, complying, conflict, consumer, country, demand, entitled, escalation, European, expiration, expire, expired, export, geopolitical, heighten, imposed, improved, individual, industry, inflationary, largest, legal, military, modified, negatively, overpayment, policy, rebate, recruiting, reversal, Rule, Russia, Sheet, size, suspended, terminated, Ukraine, Union
Removed:
discount, weakened
Financial reports
Current reports
8-K
CSP Inc. REPORTS IMPROVING BUSINESS TRENDS DURING SECOND FISCAL QUARTER AS RECORD BACKLOG EXCEEDS $17 MILLION
11 May 22
8-K
Submission of Matters to a Vote of Security Holders
10 Feb 22
8-K
CSP Inc. REPORTS IMPROVED FISCAL FIRST QUARTER FINANCIAL RESULTS
9 Feb 22
8-K
CSP Inc. REPORTS FISCAL 2021 FOURTH QUARTER AND FULL YEAR RESULTS; QUARTERLY AND ANNUAL GROSS MARGIN CONTINUED TO EXPAND
8 Dec 21
8-K
CSP Inc. REPORTS FISCAL 2021 THIRD QUARTER RESULTS
11 Aug 21
8-K
CSP Inc. REPORTS FISCAL 2021 SECOND QUARTER RESULTS; SIXTH CONSECUTIVE QUARTER OF YEAR-OVER-YEAR GROSS MARGIN IMPROVEMENT
10 May 21
8-K
Submission of Matters to a Vote of Security Holders
16 Feb 21
8-K
CSP Inc. REPORTS FISCAL FIRST QUARTER 2021 RESULTS; FIFTH CONSECUTIVE QUARTER OF YEAR-OVER-YEAR GROSS MARGIN IMPROVEMENT
11 Feb 21
8-K
CSP Inc. REPORTS FISCAL FOURTH QUARTER AND FISCAL YEAR 2020 RESULTS
28 Dec 20
8-K
CSP Inc. REPORTS FISCAL YEAR 2020 THIRD QUARTER RESULTS
11 Aug 20
Registration and prospectus
S-8
Registration of securities for employees
22 Mar 22
S-8
Registration of securities for employees
21 May 19
S-8
Registration of securities for employees
30 Sep 15
S-8
Registration of securities for employees
23 Jul 14
S-8
Registration of securities for employees
19 May 08
S-8
Registration of securities for employees
12 Apr 05
S-8
Registration of securities for employees
12 Apr 05
S-8
Registration of securities for employees
28 Sep 98
Other
SD
Conflict minerals disclosure
27 May 22
SD
Conflict minerals disclosure
28 May 21
SD
Conflict minerals disclosure
27 May 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
27 Jul 18
SD
Conflict minerals disclosure
29 May 17
SD
Conflict minerals disclosure
24 May 16
SD
Conflict minerals disclosure
20 May 15
SD
Conflict minerals disclosure
28 May 14
CORRESP
Correspondence with SEC
5 Feb 13
Ownership
4
CSP / JOSEPH R NERGES ownership change
16 Jun 22
4
CSP / JOSEPH R NERGES ownership change
13 Jun 22
4
CSP / JOSEPH R NERGES ownership change
8 Jun 22
4
CSP / JOSEPH R NERGES ownership change
3 Jun 22
4
CSP / JOSEPH R NERGES ownership change
31 May 22
4
CSP / JOSEPH R NERGES ownership change
25 May 22
4
CSP / JOSEPH R NERGES ownership change
20 May 22
4
CSP / JOSEPH R NERGES ownership change
17 May 22
4
CSP / JOSEPH R NERGES ownership change
29 Apr 22
4
CSP / JOSEPH R NERGES ownership change
11 Apr 22
Transcripts
2022 Q2
Earnings call transcript
11 May 22
2022 Q1
Earnings call transcript
9 Feb 22
2021 Q4
Earnings call transcript
8 Dec 21
2021 Q3
Earnings call transcript
11 Aug 21
2021 Q2
Earnings call transcript
11 May 21
2021 Q1
Earnings call transcript
12 Feb 21
2020 Q4
Earnings call transcript
28 Dec 20
2020 Q3
Earnings call transcript
11 Aug 20
2020 Q2
Earnings call transcript
14 May 20
2020 Q1
Earnings call transcript
12 Feb 20
Reddit threads
Daily Discussion Thread - May 11th, 2022
11 May 22
Daily Discussion Thread - May 10th, 2022
10 May 22
Daily Discussion Thread - May 9th, 2022
9 May 22
Daily Discussion Thread - February 9th, 2022
9 Feb 22
Daily Discussion Thread - February 8th, 2022
8 Feb 22
Daily Discussion Thread - February 7th, 2022
7 Feb 22
Daily Discussion Thread - December 8th, 2021
8 Dec 21
Daily Discussion Thread - December 7th, 2021
7 Dec 21
Advice/Opinins
29 Oct 21
Daily Discussion Thread - August 11th, 2021
11 Aug 21