CSP Inc. (CSPI) Q3 2026 Earnings Call Transcript

CSP Inc. (CSPI) held its Q3 2026 earnings call, with Victor J. Dellovo, CEO, and Gary W. Levine, CFO, delivering opening remarks. Following the presentation, the call opened for questions, with participants requested to limit themselves to one question and one follow-up question. Forward-looking statements, identified by phrases like "may," "will," "expect," and "anticipate," were made by management and are subject to uncertainties and risks beyond the company's control.

The technology solution business performed near expectations, with solid growth in cloud and managed services. However, challenges emerged from longer hardware vendor delivery times, extending beyond 200 days, resulting in a 65% increase in technology solutions backlog compared to the prior year. Additionally, the ramp-up of the AZT Protect business, with longer sales cycles for larger enterprise opportunities, impacted top-line performance.

Despite these challenges, CSP made meaningful progress in the AZT Protect business, completing integration with several OEM products and seeing growing opportunities for the segment.