Revenue Performance - Revenue for the fiscal fourth quarter ended September 30, 2024, was $13.0 million, a decrease of 15.0% compared to $15.3 million in the same quarter of the previous year[4] - For the full fiscal year 2024, revenue was $55.2 million, down from $64.6 million in fiscal 2023, representing a decline of 14.5%[7] Profitability - The company reported a net loss of $(1.7) million, or $(0.18) per diluted common share, compared to net income of $1.4 million, or $0.15 per diluted common share for the same quarter last year[4] - Gross profit for fiscal year 2024 was $18.9 million, or 34.1% of sales, compared to $21.9 million, or 33.9% of sales in the previous year[7] Recurring Revenue - Recurring revenue increased to approximately 17% of total revenue for fiscal 2024, up from under 5% two years ago[3] Cash Position - The company had cash and cash equivalents of $30.6 million as of September 30, 2024, allowing for the implementation of growth strategies[5] Business Development - The partnership with Rockwell Automation generated over 100 new business leads for the AZT PROTECT™ product line[2] - The company signed over 10 new customers in the cloud-based business during the fourth quarter[2] - The cruise line business is positioned for strong bookings and pipeline for fiscal year 2025[2] Dividend Declaration - The board declared a quarterly dividend of $0.03 per share, payable on January 15, 2025[1]

Core Viewpoint - Vast Renewables Limited has signed a development services agreement with GGS Energy to pursue Project Bravo, a commercial-scale synthetic fuels project in the Southwest United States, utilizing concentrated solar thermal power (CSP) technology to produce green methanol and sustainable aviation fuel [1][2][6]. Group 1: Project Overview - Project Bravo will be Vast's first deployment in the U.S., leveraging CSP v3.0 technology to generate carbon-free heat and electricity for a co-located refinery [2][5]. - The project aims to produce green methanol and/or electrically powered sustainable aviation fuel (e-SAF), which are critical for decarbonizing shipping and aviation fuels [3][4]. - The development target for Project Bravo is 550 MWh of CSP generation, with further details to be released as development progresses [5]. Group 2: Market Potential and Demand - Methanol, produced using clean energy, has the potential to decarbonize shipping and aviation fuels, with CSP potentially reducing green fuel production costs by up to 40% [3]. - The demand for e-SAF is expected to grow significantly, making it essential for reducing emissions in the aviation industry over the coming decades [3]. - The collaboration between Vast and GGS Energy is anticipated to attract high-quality, long-term offtake contracts from global strategic partners [3][6]. Group 3: Strategic Partnerships - The development services agreement outlines how Vast will advance Project Bravo in collaboration with GGS Energy, which focuses on utility-scale renewable energy projects [6][7]. - Craig Wood, CEO of Vast, emphasized the potential of CSP to enable low-cost green fuel production in the U.S. and its role in decarbonizing shipping and aviation [7]. - GGS Energy expressed excitement about the partnership, highlighting the significance of advanced technology in producing low-cost green fuels [7].

da-kuk CSP Inc. (NASDAQ:CSPI) provides IT, cloud, security, and computer system products and services. I've been bullish on this stock since the introduction of Aria Zero Trust Protect ("AZT") in July 2023. AZT is designed to prevent a malicious attack before it can enter a computer. It requires no downtime to install, and the software is operating system-agnostic. AZT landed a large customer just a few months after it was launched. In a January Seeking Alpha article, I wrote that the product is a game-chan ...

Table of Contents United States SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ⌧ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 or ◻ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 0-10843 CSP Inc. (Exact name of Registrant as specified in its charter) | --- | --- | |------------------------------------- ...

CSP Inc.'s (CSPI) third-quarter fiscal 2024 results reflect a challenging transition from last year's backlogdriven revenue boost to more normalized operations. The company faced a decline in product sales and overall revenues, leading to a slight net loss. However, growth in its Services segment and strong cash reserves underscore strategic efforts to enhance profitability and position the company for success. Q2 Results CSPI reported a third-quarter fiscal 2024 loss per share of 2 cents, moving down from ...

CSP Inc. (NASDAQ:CSPI) Q3 2024 Results Conference Call August 13, 2024 10:00 AM ET Company Participants Michael Polyviou - Investor Relations Victor Dellovo - Chief Executive Officer Gary Levine - Chief Financial Officer Conference Call Participants Joseph Nerges - Segren Investments Operator Good morning, everyone, and welcome to the CSPi's Third Quarter Fiscal Year 2024 Conference Call. [Operator Instructions] It is now my pleasure to turn the floor over to your host, Michael Polyviou. Sir, the floor is y ...

Exhibit 99.1 CSP Inc. Reports Fiscal Third Quarter 2024 Operating Results; Service Revenue Grows 10% Driving Continued Gross Margin Percentage; Nearrecord Cash Position Achieved While Continuing Infrastructure Buildout Supporting AZT PROTECT™ Market Penetration AZT PROTECT adds Customers and Increased Reseller Partnerships to Accelerate Global Adoption LOWELL, Mass., August 13, 2024 – CSP Inc. (NASDAQ: CSPI), an award-winning provider of security and packet capture products, managed IT and professional serv ...

Zacks Investment Research has recently initiated the coverage of CSP Inc. (CSPI) , a dynamic IT services and solutions provider based in Lowell, MA, with an "Outperform" recommendation. This bullish stance reflects the company's strong position and its strategic initiatives, which make it well-positioned to capitalize on global IT spending trends, especially in the rapidly expanding generative AI market. Founded in 1968, CSPI has demonstrated strong financial health in its results for second-quarter fiscal ...

CSP Inc. (NASDAQ:CSPI) Q2 2024 Earnings Conference Call May 8, 2024 10:00 AM ET Company Participants Michael Polyviou - Investor Relations Victor Dellovo - Chief Executive Officer Gary Levine - Chief Financial Officer Conference Call Participants Joseph Nerges - Segren Investments Sergio Heiber - Heiber Research Operator Good morning, everyone, and welcome to CSPi's Second Quarter Fiscal Year 2024 Conference Call. At this time all participants are in a listen-only mode. And the floor will be opened for ques ...

Table of Contents United States SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ⌧ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 or ◻ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 0-10843 CSP Inc. (Exact name of Registrant as specified in its charter) Massachusetts 04-2441294 (State or other jurisdicti ...