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Re: hweb2 post# 52135

Monday, 08/13/2018 7:12:38 PM

Monday, August 13, 2018 7:12:38 PM

Post# of 112956
CSPI...Here's what CSPi said about the dividend increase..."We have a lot of cash on hand so we figured we'd give some of it back to the shareholders. And also, we like where we're going for the future. So between the two, we felt that a small increase made sense."
The caller then replied "Well, you call it a small increase, I'll call it a really big one."

Re: CSPI's new ARIA SDS platform (beta testing)...
Talking with multiple customers, but currently targeting one large customer to get it off to them within the next 10 days.

One of the callers estimates there will be approx $15.5M increase in shareholder equity from the sale of the German division.

I added today.
Current Dividend yield is 5.55%.

More on ARIA...
During the quarter, we continue to invest in the development of our next-generation cybersecurity products, including our new ARIA SDS platform. The ARIA software solution provides advanced security protection capabilities for the critical data assets that need to be accessed by end-users and applications in both the cloud and on premise. As we’ve discussed last quarter, we extended our development work to meet the needs of our Managed Security Service Provider or MSSP, which are a large new target market ARIA offerings.
This required more time in investment that opens up exciting new markets for us. We've experienced additional delays due to supplier issues and now expect to launch the beta versions of the product in late Q4. We are encouraged by the significant and diverse market opportunities for ARIA and expect to begin to realize revenue from the product early fiscal 2019 and building throughout the year.

cc transcript...
https://seekingalpha.com/article/4198623-csp-inc-cspi-ceo-victor-dellovo-q3-2018-results-earnings-call-transcript?part=single


The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.

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