CSPI Shares Decline 10.3% as Hardware Delays Hurt Q3 Results
CSPI shares fell 10.3% after its Q3 results were hurt by hardware delays that slowed deliveries. Revenues declined and the company's loss widened, though margins strengthened and its order backlog grew.
Why it matters — A CSPI watcher would care because hardware delays are weighing on near-term results even as improving margins and a larger backlog point to the company's underlying operational health.