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Stock impact report

CSPi Reports Fourth-Quarter and Full-Year Fiscal 2017 Financial Results

CSP Inc. (CSPI) 
Company Research Source: GlobeNewswire
LOWELL, Mass., Dec. 19, 2017 (GLOBE NEWSWIRE) -- CSP Inc. (NASDAQ:CSPI), a provider of advanced security products and security services, as well as IT technology managed services for diverse applications, today reported financial results for the fourth quarter and year ended September 30, 2017. 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  December 29 2017, payable on January 16, 2018.                                                         Management Comments “We reported another strong quarter to close out a successful year as we continue to execute on our strategy to position the company for growth and profitability for the long term,” said Chief Executive Officer Victor Dellovo. “In terms of our financial performance, sales were up 39% for the fourth quarter and 8% for the year. EPS was $0.36 in Q4 2017 versus $0.14 a year ago, and $0.63 for the full year versus $0.67 in 2016. We ar Show less Read more
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