Every material Form 8-K CSP INC /MA/ has filed with the SEC since May 07, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
CSP Inc. (CSPi) reported fiscal third-quarter 2026 results for the quarter ended June 30, 2026, with sales of $14.4 million, down from $15.4 million a year earlier, and a net loss of $846,000, or $0.09 per share, compared with a net loss of $264,000, or $0.03 per share, in the prior-year quarter. Gross profit margin rose to 30.1% from 28.8%, and management said vendor hardware delivery delays are likely to continue into the first half of fiscal 2027. For shareholders, the quarter shows lower sales and a wider loss, while the board declared a quarterly dividend of $0.03 per share.
Third-quarter sales were $14.4 million, versus $15.4 million a year earlier; gross profit margin was 30.1% versus 28.8%.
Net loss was $846,000, or $0.09 per share, versus a net loss of $264,000, or $0.03 per share, a year earlier.
Nine-month net loss was $491,000, or $0.05 per share, compared with net income of $100,000, or $0.01 per diluted share, a year earlier.
Cash and cash equivalents were $24.7 million as of June 30, 2026; the board declared a $0.03 dividend payable September 15, 2026, to holders of record on August 28, 2026.
CSP Inc. disclosed that Michael Newbanks, its Vice President of Finance and Chief Accounting Officer, left his position on June 5, 2026, after the company extended his role to help transfer it to Eric Sachs. The filing says the departure was not due to any disagreement with the company or its board, and Newbanks will provide consulting services going forward.
Michael Newbanks left his role as VP of Finance and Chief Accounting Officer on June 5, 2026.
Newbanks had served as Chief Accounting Officer since July 2017 and was Controller of the Modcomp subsidiary from May 2003.
The filing states the departure was not the result of any disagreement with the company or its board over operations, policies or practices.
Newbanks will provide consulting services to the company after his departure date.
CSP Inc. reported fiscal second-quarter 2026 revenue of $16.0 million, up 21.8% from $13.1 million a year earlier, and net income of $264,000, or $0.03 per share, compared with a net loss of $108,000 in the prior-year quarter. Results for the six months were weaker, with revenue of $28.0 million versus $28.8 million, and the company also declared a $0.03 quarterly dividend.
Q2 revenue was $16.0 million versus $13.1 million; product revenue rose 30% to $11.1 million and service revenue rose 6.6% to $4.9 million.
Q2 net income was $264,000, or $0.03 per share, versus a net loss of $108,000, or $(0.01) per share, a year earlier; gross margin fell to 27.9% from 32%.
Six-month revenue was $28.0 million versus $28.8 million; six-month net income was $355,000, or $0.04 per share, versus $364,000.
Board declared a quarterly dividend of $0.03 per share, payable June 15, 2026, to shareholders of record on May 21, 2026.
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