CSP (NASDAQ:CSPI) Posts Quarterly Earnings Results

CSP (NASDAQ:CSPI) released 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 Trading Down 9.6 %

Shares of CSP stock opened at $14.92 on Friday. CSP has a 12 month low of $9.07 and a 12 month high of $29.92. The firm has a market capitalization of $145.68 million, a P/E ratio of 53.29 and a beta of 1.44. The business has a fifty day simple moving average of $14.57 and a two-hundred day simple moving average of $14.18.

About CSP

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.