Business
CSPi Reports 14.6% Services Revenue Growth, Significantly Expands Gross Margin and Generates FY 2026 First Quarter Profit
Strong Customer Retention & New Customers Drive Technology Solutions Business New Customers Signed for AZT PROTECT as Existing Customers Add Additional Sites Conference Call Today at 10 a.m. ET LOWELL, MA / ACCESS Newswire / February 12, 2026 / CSP ...
About this update from Csp Inc.
[{"type":"text","content":"Strong Customer Retention & New Customers Drive Technology Solutions Business","length":81,"tagName":"p"},{"type":"text","content":"New Customers Signed for AZT PROTECT as Existing Customers Add Additional Sites","length":79,"tagName":"p"},{"type":"text","content":"Conference Call Today at 10 a.m. ET","length":35,"tagName":"p"},{"type":"text","content":"LOWELL, MA / ACCESS Newswire / February 12, 2026 / CSP Inc. (NASDAQ:CSPI), an award-winning provider of security and packet capture products, managed IT and professional services and technology solutions, today announced results, including total gross margin of 39.3%, for the fiscal first quarter ended December 31, 2025. The Company also announced that the Board of Directors declared a quarterly dividend of $0.03 per share payable March 12, 2026, to shareholders of record at the close of business on February 26, 2026.","length":523,"tagName":"p"},{"type":"text","content":"Recent Achievements and Operating Highlights","length":44,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Fiscal first quarter services revenue increased 14.6% as the Company achieved solid customer retention and acquisition to start the fiscal year.","length":144,"tagName":"p"}]},{"val":[{"type":"text","content":"Fiscal first quarter gross margin increased more than 10%, reflecting the Company's continued growth of higher margin service revenue.","length":138,"tagName":"p"}]},{"val":[{"type":"text","content":"Proof of Concept (PoC) single-site AZT PROTECT engagements proved to be successful as several customers signed orders to expand site deployment since the beginning of fiscal 2026 while the sales pipeline continued to expand.","length":224,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":506,"olType":false},{"type":"text","content":""We had an encouraging start to the year and the progress we made across our businesses during the quarter positions us favorably for the next three quarters," commented Victor Dellovo, Chief Executive Officer. "While our services revenue grew 14.6% over the same prior year period, our product revenue comparison was impacted by several large, one-time orders during the first quarter of fiscal year 2025. At the beginning of this fiscal year, we devoted more resources to further drive our services revenue performance and...