IT services firm CSP's Q2 revenue rises 22%, returns to profit

CSP

07/05/2026 13:08

Overview

US security and IT services firm's fiscal Q2 revenue rose 22% yr/yr

Company returned to profitability with net income of $264,000, or $0.03 per share

Gross margin declined to 27.9% from 32% due to higher product revenue mix

Outlook

CSP expects full-year growth compared to fiscal 2025

Company says it is on track to generate growth in the second half of the year

CSP says cloud and managed services will remain growth drivers, with AZT PROTECT contributing

Result Drivers

PRODUCT REVENUE GROWTH - Key customer order fulfillment and increased AZT PROTECT deployments drove 30% product revenue growth

TECHNOLOGY SOLUTIONS MOMENTUM - U.S. Technology Solutions business led revenue growth, supported by demand for complex cloud and enterprise needs

SERVICES SEGMENT GROWTH - Services revenue rose 6.6%, attributed to high customer retention and best-in-class service

Company press release: ID:nACSwDHQca

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$16 mln
Q2 Gross Profit
$4.5 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)