CSP (NASDAQ:CSPI) Issues Quarterly Earnings Results

CSP (NASDAQ:CSPI) posted its earnings results on Friday. The information technology services provider reported ($0.18) EPS for the quarter, Zacks reports. CSP had a net margin of 4.42% and a return on equity of 5.38%.

CSP Stock Down 9.6 %

CSP stock opened at $14.92 on Friday. The company’s 50 day moving average is $14.57 and its two-hundred day moving average is $14.18. The firm has a market cap of $145.68 million, a PE ratio of 53.29 and a beta of 1.44. CSP has a 52-week low of $9.07 and a 52-week high of $29.92.

CSP Company Profile

CSP Inc develops and markets IT integration solutions, security products, managed IT services, cloud services, purpose-built network adapters, and cluster computer systems for commercial and defense customers worldwide. It operates in two segments, Technology Solutions and High Performance Products. The Technology Solutions segment provides third-party computer hardware and software as a value-added reseller to various customers in web and infrastructure hosting, education, telecommunications, healthcare services, distribution, financial and professional services, and manufacturing industries.