NASDAQ$CSPI

Csp Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

CSP Inc. reported a net loss and a decrease in revenue compared to the same quarter last year, but gross margin percentage improved due to higher margin products.

CSP Inc. reported a decrease in revenue for the fiscal third quarter, but improved gross margin percentage. The company reported a net loss of $210,000, or $(0.05) per share.

  • Gross margin percentage improved by 9% compared to the year-ago fiscal third quarter, driven by primarily higher margin products.
  • The ARIA Cybersecurity Solutions product pipeline has grown.
  • Unified-Communications-as-a-Service (UCaaS) added several customers.
  • Expanded in managed service practice, including cloud, Office 365 and other Microsoft offerings.

Headline financials

Total Revenue

$13.5M

Previous: $21.6M-37.3%
EPS (adj)

-$0.05

Previous: $0.12-141.7%
Gross Margin

31.2%

No prior period
Capital Expenditures

-$285K

Previous: -$590K+51.7%
Free Cash Flow

-$495K

Previous: -$58K-753.4%
Net Income

-$210K

Previous: $532K-139.5%
Operating Income

-$393K

Previous: $145K-371.0%
Gross Profit

$4.22M

Previous: $4.84M-12.7%
Cash & Equivalents

$20M

Previous: $16.8M+19.0%
Total Assets

$54.3M

Previous: $56.5M-3.9%
Stock-Based Comp

$262K

Previous: $204K+28.4%

Revenue & EPS history

CSP · Revenue · Quarterly

$13.5M

Q3 2020-37.3%vs Q3 2019

Revenue by segment

CSP · $13.5M total across 2 segments · Q3 2020

  • Product
    $10.3M
  • Services
    $3.24M

Forward guidance

CSPi is continuing to build the revenue pipeline during the fiscal quarter which they believe will fuel their growth in the coming years.

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 Q3 2020

Historical avgQ3 2020

-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

Earnings price reactions
QuarterReport dateReaction (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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