NASDAQ$CSPI
Csp Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
CSP Inc. reported slight revenue increase and a significant rise in net income, driven by services revenue growth and AZT sales.
CSP Inc. reported a slight increase in revenue to $13.7 million, with services revenue growing by 23%. Gross margin improved to 47%, and net income increased nearly five-fold to $1.6 million.
- Revenue increased slightly to $13.7 million.
- Services revenue grew by 23% to $5.2 million.
- Gross margin expanded to 47% due to higher margin services and AZT sales.
- Net income increased to $1.6 million, or $0.16 per diluted share.
Headline financials
Revenue & EPS history
CSP · Revenue · Quarterly
$13.7M
Revenue by segment
CSP · $15.3M total across 2 segments · Q4 2023
- Product$11M-2.7%71.8%
- Services$4.32M-19.6%28.2%
Forward guidance
The company is building a pipeline and executing a strategy designed to generate sustained long-term growth and profitability and is optimistic about opportunities to sign additional AZT customers.
Tailwinds
- Building a pipeline that is in line with internal plans.
- Executing a strategy to generate sustained long-term growth.
- Optimistic about opportunities to sign additional AZT customers.
- Focus on direct sales team.
- Leveraging new and expanding partnerships.
Headwinds
- General economic conditions.
- Market factors.
- Competitive factors.
- Pricing pressures.
- Risks described in the Company's filings with the SEC.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
-0.3%
Avg return
Earnings day
-1.1%
Avg return
5 days after
+2.6%
Avg return
30 days after
53%
33 / 62 earnings
Positive
+43.2%
Q2 2013
Best reaction
-21.4%
Q2 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +1.6% | -0.8% | -3.9% | |
| Q1 2026 | -8.4% | -8.8% | -11.1% | |
| Q4 2025 | -15.4% | -10.4% | -19.9% | |
| Q2 2025 | +2.8% | -6.5% | -27.4% | |
| Q1 2025 | +2.3% | -1.6% | -18.4% | |
| Q4 2024 | -7.1% | -3.9% | -1.5% | |
| Q3 2024 | -17.0% | -12.5% | -24.8% | |
| Q2 2024 | +6.1% | +9.3% | +13.7% | |
| Q1 2024 | +11.4% | +14.5% | +43.3% | |
| Q4 2023 | -14.1% | -26.2% | -12.1% | |
| Q3 2023 | +7.6% | +8.6% | +52.9% | |
| Q2 2023 | -14.0% | -10.1% | +3.5% | |
| Q1 2023 | -7.1% | +4.0% | -0.9% | |
| Q4 2022 | +9.6% | +10.9% | +15.3% | |
| Q3 2022 | +0.0% | +2.0% | -1.4% | |
| Q2 2022 | +2.6% | +7.5% | +35.1% | |
| Q1 2022 | -7.7% | -7.1% | -13.2% | |
| Q4 2021 | -6.0% | -8.1% | -3.8% | |
| Q3 2021 | -0.4% | -3.3% | -5.0% | |
| Q2 2021 | +3.7% | +12.0% | +23.2% | |
| Q1 2021 | -16.5% | -13.4% | -28.3% | |
| Q4 2020 | +0.3% | -0.8% | +33.6% | |
| Q3 2020 | +3.1% | +21.5% | +16.8% | |
| Q2 2020 | -21.4% | -22.1% | -18.1% | |
| Q1 2020 | +0.7% | +4.0% | -39.9% | |
| Q4 2019 | +3.6% | +4.9% | +2.7% | |
| Q3 2019 | -0.3% | -3.3% | -1.2% | |
| Q2 2019 | -5.9% | -4.8% | +11.4% | |
| Q1 2019 | +1.5% | +2.0% | +10.7% | |
| Q4 2018 | -4.5% | -3.6% | -5.7% | |
| Q3 2018 | +1.9% | +9.8% | +23.5% | |
| Q2 2018 | -12.6% | -11.4% | -12.9% | |
| Q1 2018 | -15.5% | -16.9% | -18.1% | |
| Q4 2017 | +5.6% | +20.4% | +61.9% | |
| Q3 2017 | +1.4% | +0.7% | -1.0% | |
| Q2 2017 | -3.3% | +1.0% | -3.0% | |
| Q1 2017 | -8.3% | -13.4% | +3.3% | |
| Q4 2016 | +2.3% | +0.6% | -0.8% | |
| Q3 2016 | +13.3% | +13.8% | +22.5% | |
| Q2 2016 | +15.4% | — | — | |
| Q1 2016 | +4.3% | — | — | |
| Q4 2015 | +11.8% | — | — | |
| Q3 2015 | -0.6% | — | — | |
| Q2 2015 | +2.6% | — | — | |
| Q1 2015 | +1.4% | — | — | |
| Q4 2014 | -4.6% | — | — | |
| Q3 2014 | -1.8% | — | — | |
| Q2 2014 | -2.7% | — | — | |
| Q1 2014 | -3.4% | — | — | |
| Q3 2013 | -19.6% | — | — | |
| Q2 2013 | +43.2% | — | — | |
| Q1 2013 | -1.8% | — | — | |
| Q4 2012 | +4.4% | — | — | |
| Q3 2012 | -6.1% | — | — | |
| Q2 2012 | -1.8% | — | — | |
| Q1 2011 | +1.5% | — | — | |
| Q4 2011 | +10.8% | — | — | |
| Q1 2012 | +10.8% | — | — | |
| Q2 2011 | +10.8% | — | — | |
| Q3 2010 | +4.3% | — | — | |
| Q3 2011 | +4.3% | — | — | |
| Q4 2010 | +4.3% | — | — |
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