CSP (CSPI) Retained Earnings : $31.03 Mil (As of Dec. 2023)

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What is CSP Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CSP's retained earnings for the quarter that ended in Dec. 2023 was $31.03 Mil.

CSP's quarterly retained earnings increased from Jun. 2023 ($30.09 Mil) to Sep. 2023 ($31.31 Mil) but then declined from Sep. 2023 ($31.31 Mil) to Dec. 2023 ($31.03 Mil).

CSP's annual retained earnings increased from Sep. 2021 ($25.19 Mil) to Sep. 2022 ($26.77 Mil) and increased from Sep. 2022 ($26.77 Mil) to Sep. 2023 ($31.31 Mil).

CSP Retained Earnings Historical Data

The historical data trend for CSP's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CSP Retained Earnings Chart

CSP Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

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27.25

24.49

25.19

26.77

31.31

CSP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															27.59	27.77	30.09	31.31	31.03

CSP Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

CSP (NAS:CSPI) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

CSP (CSPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CSP Inc (NAS:CSPI) » Definitions » Retained Earnings

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N/A

Address

175 Cabot Street, Suite 210, Lowell, MA, USA, 01854

Website

https://www.cspi.com

CSP Inc along with its subsidiaries develops and markets IT integration solutions, security products, managed IT services, cloud services, purpose-built network adapters, and high-performance cluster computer systems. The firm operates in two segments namely Technology Solutions, where the company focus on value-added reseller integrated solutions including third-party hardware, software, and technical computer-related consulting, and High-Performance Products segments, where the company design, manufacture and deliver products and services to customers that require specialized cyber security services, networking and signal processing. It generates a majority of its revenue from the Technology Solutions segment. Geographically, the company generates its maximum revenue from the Americas.

Executives

Joseph R Nerges	10 percent owner	1726 BUNDY ST, SCRANTON PA 18508
Gary Southwell	officer: VP and GM	175 CABOT STREET, SUITE 210, LOWELL MA 01854
Mike Newbanks	officer: VP Finance & CAO	1182 E NEWPORT CENTER DRIVE, DEERFIELD BEACH FL 33442
Gary W Levine	officer: CFO	215 BUNKER HILL ST., CHARLESTOWN MA 02129
Victor Dellovo	officer: President and CEO	1182 EAST NEWPORT CENTER DRIVE, DEERFIELD BEACH FL 33442-8126
C Shelton James	director	GROUP LONG DISTANCE INC, 1451 W CYPRESS CREEK RD STE 200, FT LAUDERDALE FL 33309
Ismail Azeri	director	175 CABOT STREET, SUITE 210, LOWELL MA 01854
John M Leydon	officer: VP Finance Chief Acct Officer	2 BECK STREET, NEWBURYPORT MA 01950
Blackmon Raymond Charles Jr	director	155 VIOLET PLACE, EUFAULA AL 36027
Marilyn T Smith	director	10349 MAIN STREET, FAIRFAX VA 22030
Robert E Bunnett	director	733 MEDITERRANEAN LANE, REDWOOD CITY CA 94065
Julian Demora	other: Investor	P.O.BOX 220139, HOLLYWOOD FL 33022
Christopher Hall	director, 10 percent owner	671 NORTHEAST 105TH ST, MIAMI SHORES FL 33138
Robert Michael Williams	director	P.O. 296, BREWSTER MA 02631
Robert A Stellato	officer: Chief Accounting Officer	43 MANNING ROAD, BILLERICA MA 01821