Brief: CSPi Q4 Earnings Per Share $4.07

CSP

27/12/2018 13:37

Dec 27 (Reuters) - CSP Inc  CSPI.O :
    * CSPI REPORTS FOURTH-QUARTER AND FULL-YEAR FISCAL 2018
FINANCIAL
RESULTS
    * Q4 EARNINGS PER SHARE $4.07
    * Q4 REVENUE $19.6 MILLION VERSUS $28.4 MILLION
    * Q4 LOSS PER SHARE $0.18 FROM CONTINUING OPERATIONS
    * FOURTH-QUARTER TOP AND BOTTOM-LINE DECLINES WERE PRIMARILY
DUE
TO LOWER MULTICOMPUTER SALES AND DELAY IN LAUNCH OF ARIA SDS
    * Q4 TOP AND BOTTOM-LINE DECLINES PRIMARILY DUE TO LOWER
MULTICOMPUTER SALES AND DELAY IN LAUNCH OF ARIA SDS
    * "CAUTIOUSLY OPTIMISTIC AS WE LOOK TOWARD FISCAL 2019"
    * EXPECT REVENUE TO BEGIN TO RAMP IN SECOND HALF OF FISCAL
2019
    * SUPPLY ISSUES HAS DELAYED LAUNCH OF ARIA SDS SOLUTION
    * IN Q4, RIGHT-SIZED BUSINESS BY ADJUSTING HEADCOUNT AND
REDUCING
FIXED COSTS IN U.K.

Source text for Eikon:  ID:nGNX2KPRmy 
Further company coverage:  CSPI.O 

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