CSP Inc

CSP Inc. reported a net loss of $846,000, or 9 cents per share, for its fiscal third quarter ended June 30, 2026, compared with a net loss of $264,000, or 3 cents per share, a year earlier. Revenue fell to $14.4 million from $15.4 million, as longer hardware vendor delivery times pushed the Technology Solutions backlog 65% higher than a year ago and the AZT Protect business continued to ramp with longer enterprise sales cycles. Gross margin improved to 30.1% from 28.8%, and the company ended the quarter with $24.7 million in cash and cash equivalents. The board declared a dividend of 3 cents per share payable September 15, 2026, to shareholders of record on August 28, 2026.

CSP Inc. reported its Q3 2026 earnings, highlighting a 65% year-over-year increase in backlog due to hardware vendor delivery times extending from 30-60 days to over 200 days. The AZT Protect business is shifting toward larger enterprise accounts with 18-24 month sales cycles, and management is pivoting sales strategy to engage higher-level IT decision-makers earlier. The company completed the buyout and sale of its UK pension plan, incurring one-time costs of approximately a couple hundred thousand dollars, and operating loss increased to 1.5 million from 1.2 million. Management expects hardware supply chain constraints to persist for at least another year, and the Acronis partnership is targeted for full commercial launch by October 1, 2026.