NASDAQ$CSPI

Csp Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

CSP Inc. reported results for the third quarter of fiscal year 2021, showing a slight decrease in revenue but an improvement in gross margin.

CSPi's Technology Solutions business delivered an exceptional quarter, offset by the High Performance Product business. The company successfully integrated ARIA ADR with managed services, which is expected to drive growth in fiscal 2022. Revenue was $13.7 million, gross profit was $4.2 million, and the company reported a net loss of $0.4 million, or $0.10 loss per share. Cash and cash equivalents were $19.7 million.

  • Technology Solutions business delivered an exceptional quarter with a multi-million-dollar cloud-based contract.
  • ARIA ADR successfully integrated with managed services, creating cross-over revenue opportunities.
  • Company has over two dozen leads in the sales funnel for the ARIA platform.
  • Gross margin improved compared to the year-ago fiscal third quarter due to a favorable revenue mix.

Headline financials

Total Revenue

$13.7M

Previous: $13.5M+1.4%
EPS (adj)

-$0.10

Previous: -$0.05-100.0%
Capital Expenditures

-$84K

Previous: -$285K+70.5%
Free Cash Flow

-$507K

Previous: -$495K-2.4%
Net Income

-$423K

Previous: -$210K-101.4%
Operating Income

-$357K

Previous: -$393K+9.2%
Gross Profit

$4.23M

Previous: $4.22M+0.1%
Cash & Equivalents

$19.7M

Previous: $20M-1.6%
Total Assets

$60.6M

Previous: $54.3M+11.6%
Stock-Based Comp

$243K

Previous: $262K-7.3%

Revenue & EPS history

CSP · Revenue · Quarterly

$13.7M

Q3 2021+1.4%vs Q3 2020

Revenue by segment

CSP · $13.7M total across 2 segments · Q3 2021

  • Product
    $10.1M-1.5%
  • Services
    $3.58M+10.5%

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 2021

Historical avgQ3 2021

-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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