CSP Inc Q3 revenue falls, net loss widens amid supply delays
CSPI•Quarterly results
CSP Inc said fiscal third-quarter revenue declined year over year amid hardware supply delays, while its net loss widened from the prior-year period.
The US security and IT services firm posted gross margin of 30.1%, up from 28.8% in the same quarter last year.
Outlook and backlog
The company expects vendor hardware delivery delays to continue into the first half of fiscal 2027.
CSP said increased backlog is expected to enhance full-year 2027 results, and that it sees significant business momentum entering fiscal 2027 due to new contracts and backlog.
Drivers and key figures
CSP said ongoing vendor hardware supply issues extended customer delivery lead times and contributed to elevated backlog levels.
The company also said it signed several new Technology Solutions customers, including a six-year, seven-figure managed services agreement.
| Metric | Actual |
|---|---|
| Q3 revenue | $14.40 million |
| Q3 loss per share | $0.09 |
