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-0.0301314924391847 -0.0301314924391847 -0.049638395792242 -0.0519395134779751 0.0393293885601578 -0.00065746219592372 0.0105193951347798 0.0111768573307035
Stock impact report

CSPi Reports Fiscal Fourth Quarter and Full Year 2024 Results; Recurring Sales Continue to Rise as Percentage of Total Revenue; AZT PROTECT Market Momentum Builds; Cash Position of More Th...

CSP Inc. (CSPI) 
Company Research Source: Yahoo! Finance
LOWELL, MA / ACCESSWIRE / December 20, 2024 / 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 for the fiscal fourth quarter and year ended September 30, 2024. The Company also announced that the Board of Directors declared a quarterly dividend of $0.03 per share payable January 15, 2025, to shareholders of record at the close of business on December 27, 2024. Recent Achievements and Operating Highlights Cloud-based business remains strong with over 10 new customers signed in the fourth quarter. Recurring revenue increases to approximately 17% of total revenue. Strong relationship with Rockwell Automation generates over 100 new business leads for AZT PROTECT™ at recent conference. Cruise line business bookings and pipeline positioned for strong fiscal year 2025. Record cash level of $30.6 million as of September 30, 2024 allows the company to im Show less Read more
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