CSPi, an MSP and professional services provider, is growing its top-line revenues, improving its profitability, and pushing into the cybersecurity market. But the cyber effort -- which seeks to engage MSSPs -- has faced repeated delays.
The timeline looks like this:
We're checking in with the company for more details on the repeated delays, and will update this article when we have more information to share.
CSPi: Growing Revenues Elsewhere
Despite the delays, CSPi continues to grow its overall revenues. Indeed, revenues were $19.0 million in Q1 2019, up 14 percent from $16.6 million in the corresponding quarter last year. Net income in Q1 2019 was $50,000, compared with a net loss of $1.2 million for Q1 of 2018.
