CSPi Reports Fourth-Quarter and Full-Year Fiscal 2018 Financial Results

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CSP, Inc. (CSPI) Reports Q4 Loss of $0.18 on Revenues of $19.6M

December 27, 2018 8:37 AM EST

CSP, Inc. (NASDAQ: CSPI) reported Q4 EPS of ($0.18), versus $0.27 reported last year. Revenue for the quarter came in at $19.6 million, versus $28.4 million reported last year.

During fiscal 2018 we continued to execute on our strategy to transform CSPi from a company focused on defense-related multicomputers to one with significant growth opportunities in the cybersecurity and wireless managed services markets, said Chief Executive Officer Victor Dellovo.

We had a busy fourth quarter to end fiscal 2018, continued Dellovo. We closed on the sale of our... More