CSP, Inc. (CSPI) Reports Q4 EPS of $0.14

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CSP Inc. Reports Fourth-Quarter Fiscal 2016 Financial Results

January 12, 2017 4:13 PM EST

LOWELL, Mass., Jan. 12, 2017 (GLOBE NEWSWIRE) -- CSP Inc. (NASDAQ: CSPI), a provider of IT solutions and high-performance Ethernet products for diverse applications, today reported financial results for the fourth quarter of fiscal 2016 ended September 30, 2016.

The Company also announced that its board of directors has voted to pay its quarterly dividend of $0.11 per share to shareholders of record January 27, 2017 payable February 8, 2017.

Management Comments

We performed well in fiscal 2016, said President and Chief Executive Office Victor Dellovo.  Total revenues increased 16%, with High Performance Products up 17%, and Technology Solutions up 15%.... More