New York, May 21, 2026, 11:01 (EDT)
- CSPI traded at $9.51, up 9 cents on light volume late morning in New York.
- The stock’s most recent quarterly dividend went ex-dividend on May 21. Holders will get the $0.03 payout on June 15.
- The next question is whether AZT PROTECT installs will deliver steady revenue, instead of just lifting one quarter.
CSP Inc. shares edged higher Thursday after the company went ex-dividend. The tech and cybersecurity group, which is listed on the Nasdaq, reported a quarterly profit earlier this month.
The stock was at $9.51 at 10:44 a.m. ET, up 9 cents for the day so far, market data showed. Trading was thin, with only 1,949 shares exchanged. The market cap is close to $92.4 million, so low volumes and small trades can swing the price.
CSPI trades ex-dividend on May 21, so anyone buying shares that day or after won’t get the next dividend. StockAnalysis lists a $0.03 cash dividend, with a payout set for June 15 to holders of record May 21.
Trading took place in normal U.S. hours. According to Nasdaq’s 2026 holiday schedule, the next market holiday is Memorial Day, May 25. Markets stay open this Thursday.
CSPI reported quarterly results to the SEC on May 7. Second-quarter revenue came in at $16.0 million, a gain of 21.8%. The company posted improved product sales for the quarter. Net income was $264,000, or 3 cents per share, reversing a loss in the prior year.
CSPI is where it should be midyear and posted “a solid quarter,” Chief Executive Victor Dellovo said. Dellovo said management still thinks there’s room for full-year growth in fiscal 2025.
CSPI’s cybersecurity arm, AZT PROTECT, is drawing attention from investors, while its managed IT services also get a look. In April, CSPI reported putting AZT PROTECT into more than two dozen sites in the U.S. for a global cement player. The firm said it planned to extend those rollouts. CSPI also works in packet capture — that is, collecting network data to watch for threats and monitor what happens on systems.
CSPI shares pushed higher even as cybersecurity stocks saw mixed trading. Palo Alto Networks gained about 0.9%, while Fortinet slipped 1.4%. CSPI’s move seemed linked to its latest dividend announcement and new earnings, not sector momentum.
Stocks surged Wednesday as buyers jumped in. The Nasdaq Composite rose 1.5%, while the Russell 2000 outperformed with a 2.6% gain. Moves in Treasury yields and a drop in oil prices gave both indexes a push.
But the numbers weren’t all positive. CSPI’s filing showed gross margin slipped to 27.9% from 32% last year, pointing to more product revenue this quarter. Cash on the balance sheet dropped to $23.1 million, down from $27.4 million at Sept. 30, after customer financing.
Downside looks clear. If the AZT PROTECT trials don’t lead to larger rollouts, or if sales of lower-margin products keep beating out services, profit recovery may remain weak. As a microcap that trades lightly, even small setbacks can hit the share price fast.
