CSP Inc. (NASDAQ:CSPI) is included among the 12 Best Micro-Cap Dividend Stocks to Buy Now.
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CSP Inc. (NASDAQ:CSPI) reported its earnings for fiscal Q2 2026 on May 7, 2026. During the earnings call, Chairman, CEO & President Victor Dellovo said the company returned to growth during the quarter. Product sales rose 30%, while the services business increased 7% compared with the same period last year. He said the improvement was largely driven by the company’s U.S. Technology Solutions segment and several large customer purchase orders.
Dellovo also pointed to stronger momentum in OT cybersecurity activity. He said AZT PROTECT orders increased significantly during the quarter, with the company securing more than 10 “land and expand” orders from new customers. According to him, that figure was double the number of AZT PROTECT orders signed in Q2 2025. At the same time, Dellovo acknowledged that the expansion stage of those customer relationships was taking longer than originally expected. He said the delays were tied to changing stakeholder alignment and additional internal review processes on the customer side.
He also highlighted what he described as the company’s largest AZT PROTECT land-and-expand agreement to date, which was signed in April. Dellovo said the three-year contract covers more than two dozen U.S. sites for a global cement manufacturer. The deal is expected to generate six-figure annual revenue starting in fiscal Q3.
Compared with Q1, management maintained its position that fiscal 2026 was shaping up to be a growth year for CSPi. During the Q2 earnings call, Dellovo added more direct comments around expansion timelines, noting that land-and-expand opportunities were taking longer to develop than initially anticipated.
CSP Inc. (NASDAQ:CSPI) develops and markets information technology integration solutions, advanced security products, managed IT services, cloud services, network adapters, and cluster computer systems. The company operates through two segments: Technology Solutions (TS) and High Performance Products (HPP).
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