CLPS Incorporation, known as CLPS Inc (CLPS), is a pioneering information technology, consulting, and solutions service provider committed to delivering superior solutions to clients in the financial, insurance, and banking industries both in China and globally. Founded in 2005 and headquartered in Shanghai, China, the company maintains offices and client service centers in Hong Kong, Taiwan, Australia, Singapore, Japan, and the United States.
CLPS prides itself on its deep industry knowledge, robust technological expertise, and a comprehensive portfolio of services. The company has been recognized for continuously working to bridge the gap between IT capabilities and the needs of the financial services industry. This emphasis on specialization and targeting has allowed the company to carve out a niche for itself in a field typically dominated by much larger corporations.
One of the primary services offered by CLPS is IT consulting, where it assists businesses in optimizing IT strategies, improving operation efficiencies, and implementing innovative technologies. This may include providing recommendations on system upgrades, identifying areas of risk, and providing strategic guidance on how to use technology as a pivotal business tool. In addition, the company provides application development, system maintenance, and testing services.
Another significant service area is digital transformation, an area where CLPS particularly shines. By utilizing artificial intelligence, big data, cloud computing, and other cutting-edge technologies, CLPS helps organizations to digitally transform their operations, streamline processes, and most importantly, enhance customer experience. Be it enhancing the convenience of online banking, promoting the digitization of insurance services, or improving the security of financial transaction services, CLPS guides clients through every step of the digital transformation journey.
Dedication to quality is another characteristic that sets CLPS apart. The company is ISO 27001 certified and adheres to high-quality and security standards in all of its services. It has repeatedly been recognized for its IT services and solutions in the global financial market.
CLPS also differentiates itself by focusing on the nurturing of talent. It's Information Technology Enabled Services (iTES) Academy portrays this commitment. The iTES Academy envisions offering training and placements for IT professionals and to help them master the advanced IT skills required in the financial industry.
With the combination of specialized services, deep industry knowledge, robust customer-centric approach, and a drive for continuous innovation, CLPS has been able to establish itself as a trustworthy and dynamic IT solutions provider.
The company's ticker symbol is CLPS and it operates on the NASDAQ stock exchange. The company’s consistent growth and strong market presence make it an enticing prospect in the IT solutions industry.
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CLPS (NASDAQ:CLPS) reported a 4.7% increase in fiscal 2026 revenue to $172.2 million, with second-half revenue up 6.6% to $87.1 million. However, the company's net loss widened to $13.2 million in the second half, doubling from the previous year, primarily due to higher delivery costs for emerging-technology projects and a major customer's downsizing. CLPS plans to implement tighter cost controls for customized IT solutions and continue international expansion in fiscal 2027.
CLPS Incorporation has filed its Form 20-F annual report for the fiscal year ending June 30, 2026, with the SEC. The report confirms 29,860,906 common shares outstanding, the company's NASDAQ listing under the ticker CLPS, and its adherence to US GAAP standards. It also details CLPS Incorporation's non-accelerated filer status and its global operations across various jurisdictions.
This article lists companies scheduled to report earnings on October 16, 2026. It highlights Travelers Companies (NYSE: TRV), Truist Financial (NYSE: TFC), Citizens Financial Group (NYSE: CFG), Regions Financial (NYSE: RF), M&T Bank (NYSE: MTB), Ladder Capital (NYSE: LADR), and CLPS (NASDAQ: CLPS), providing estimated earnings per share and revenue figures for most. The article distinguishes between companies reporting before and after the bell.