DexCom earnings beat by $0.03, revenue topped estimates
SCRANTON, PA—Joseph R. Nerges, a significant shareholder of CSP Inc . (NASDAQ:CSPI), recently made notable purchases of the company’s common stock amid the stock’s recent 9% decline over the past week. According to a recent SEC filing, Nerges acquired a total of 2,000 shares over several transactions between June 4 and June 6, 2025. The shares were bought at prices ranging from $13.48 to $14.10 per share, totaling approximately $27,722. According to InvestingPro analysis, the company maintains a strong financial position with a current ratio of 3.34x, indicating robust liquidity.
These acquisitions increase Nerges’s direct ownership in CSP Inc. to 1,389,013 shares. As a ten percent owner, Nerges’s transactions are closely monitored by investors looking to gauge insider sentiment and potential future performance of the stock. CSP Inc. continues to be a point of interest for market observers, given the strategic moves by its key stakeholders and its consistent dividend growth over the past three years. InvestingPro subscribers can access 8 additional key insights and a comprehensive analysis of CSP Inc.’s financial health and market position.
In other recent news, CSP Inc. reported a slight decline in revenue for Q2 2025, with earnings reaching $13.1 million compared to $13.7 million in the same period last year. The company posted a net loss of $108,000, equivalent to $0.01 per diluted share. Despite these challenges, CSP Inc. continues to focus on its cybersecurity market, particularly with its AZT Protect product, which gained six new customers during the quarter. The company also repurchased $384,000 worth of common shares and declared a $0.03 quarterly dividend. In a separate development, CSP Inc. announced its inclusion in the Russell 3000® Index, reflecting its growth potential and increased visibility among institutional investors. CEO Victor Dellovo highlighted the company’s strategic direction and potential for contract expansion over the next 18 months to two years. Additionally, CSP Inc. is working on expanding its presence in the cell tower protection market, with a notable contract signed in South Africa. The company remains focused on its strategic initiatives despite facing challenges such as declining service revenue and a reduced gross profit margin.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.