CSP Q3 GAAP EPS $(0.02) Down From $0.26 YoY, Sales $13.11M Down From $17.71M YoY
Portfolio Pulse from Benzinga Newsdesk
CSP Inc. (NASDAQ: CSPI) reported a significant decline in its Q3 financial performance. The company posted a GAAP EPS loss of $(0.02), a 107.69% decrease from $0.26 YoY. Sales also fell by 25.99% to $13.11 million from $17.71 million YoY.
August 13, 2024 | 12:40 pm
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CSP Inc. reported a Q3 GAAP EPS loss of $(0.02), a 107.69% decrease from $0.26 YoY. Sales also fell by 25.99% to $13.11 million from $17.71 million YoY.
The significant decline in both EPS and sales indicates a poor financial performance for CSP Inc. in Q3. This is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100