Welcome to our dedicated page for CLPS Incorporation news (Ticker: CLPS), a resource for investors and traders seeking the latest updates and insights on CLPS Incorporation stock.
CLPS Incorporation provides IT consulting, customized technology solutions and digital-transformation services for clients in financial services and other industries. Company news commonly covers AI, cloud, big-data, robotic-process-automation and payment-technology initiatives, including banking modernization tools such as COBOL-to-Java migration, the Nibot AI agent and the CAKU credit-card issuance and management platform.
Updates also include financial results, changes in client mix and geographic expansion, partnerships involving Qinson Credit Card Services Limited, subsidiary leadership, and capital-allocation actions such as common-share repurchase programs.
CLPS (Nasdaq: CLPS) appointed Simon Chiang as CEO of its wholly owned subsidiary Qinson Credit Card Services (QCC) effective Feb. 13, 2026.
Mr. Chiang brings over 20 years of banking-technology and payments leadership across Asia-Pacific, EMEA and LATAM, and led platform programs covering more than 40 markets.
CLPS (Nasdaq: CLPS) announced a Board-approved share repurchase program to buy up to 1,000,000 common shares in the open market when the share price is below US$2.00. The program runs from February 5, 2026 through November 4, 2026.
Repurchases may occur via open market or privately negotiated transactions, are subject to SEC rules and legal requirements, and the program may be suspended or discontinued at the company's discretion. No purchase obligation or dollar amount is guaranteed.
CLPS Incorporation (Nasdaq: CLPS) released a chairman's letter dated January 2, 2026 outlining 2025 results and strategic shifts. Fiscal 2025 revenue was $164.5M (+15.2% YoY) and gross profit $36.3M (+10.2%). A long‑term client reduced headcount at China solution centers, forcing dissolution of most dedicated IT teams and causing significant one‑time severance charges that materially pressured net income; adjusted net income (ex‑terminations) was $78.0k. The company launched RPA product Nibot, a Web3‑ready issuance platform via Qinson, and advanced AI modernization projects. Revenue outside mainland China rose ~90.5% to $42.5M. Management forecasts 2026 revenue growth of 10%–15% and noted a JAJI Global F‑1 filing and new Indonesia subsidiary as expansion moves.
CLPS (Nasdaq: CLPS) announced a collaboration with The Bank of East Asia (BEA) to run a Proof-of-Concept of Nibot, an AI agent combining Robotic Process Automation and Generative AI, in the Hong Kong Monetary Authority GenA.I. Sandbox starting November 7, 2025.
The PoC will test Nibot's capabilities in intelligent process generation & optimization, automated risk monitoring & feedback, and AI interactive verification to explore improvements in operational efficiency, regulatory compliance, and risk management for banking workflows.
CLPS (Nasdaq: CLPS) announced on October 24, 2025 that its Hong Kong subsidiary Qinson Credit Card Services integrated stablecoin payment and settlement into its CAKU credit card system. The upgrade enables corporate and individual users to repay cards, settle POS transactions, and manage credit limits using fiat‑pegged stablecoins including USDC and USDT.
Key features include intelligent 1:1 minting tied to fiat reserves, fiat↔stablecoin exchange gateways, smart‑contract burning and redemption, automated reserve adjustment, on‑app stablecoin payment selection, faster blockchain clearing with lower fees, and embedded KYC/AML compliance. Initial rollout targets Hong Kong SAR with eventual expansion to international markets.
CLPS (Nasdaq: CLPS) reported fiscal 2025 results for the year ended June 30, 2025, showing revenue up 15.2% to $164.5M and gross profit up 10.2% to $36.3M. Overseas revenue rose 90.5% to $42.5M, driven by APAC (Singapore, Hong Kong SAR, Japan).
The company recorded significant one-time employee severance tied to a major client's global restructuring, which pressured margins and produced an operating loss and H2 net loss; after excluding layoff compensation, adjusted net income for FY2025 was $78.0 thousand. CLPS is accelerating expansion of AI and RPA offerings (Nibot) and international growth to diversify revenue.
CLPS (Nasdaq: CLPS) will release its second half and full-year fiscal 2025 financial results before market open on Friday, October 17, 2025. Investors and analysts can expect the company to publish consolidated financial and operational metrics on that date and may monitor the company website or Nasdaq disclosures for the official release and any accompanying commentary.
CLPS Incorporation (Nasdaq: CLPS) has successfully modernized a 30-year-old legacy mortgage system for a major Hong Kong bank using artificial intelligence, including Microsoft Copilot. The project achieved a 70% automation rate in system code conversion, transforming VB applications and MS Access programs to a modern Java/React/PostgreSQL stack.
The modernization project, completed in just 7 months with 20 developers (versus traditional 24 months with 40-50 developers), successfully converted 138 VB programs, 248 MS Access programs, and hundreds of other components. The implementation resulted in over 60% reduction in labor costs and significant operational savings.
CLPS Incorporation (Nasdaq: CLPS) has announced the establishment of PT Ridik Fintech Services, a wholly-owned subsidiary in Jakarta, Indonesia. This strategic expansion aims to strengthen CLPS's presence in Southeast Asia by providing tailored IT solutions to local enterprises.
According to U.S. International Trade Administration data, Indonesia's digital economy is projected to exceed $130 billion by 2025, positioning it as one of the fastest-growing markets in Southeast Asia. The company plans to leverage its expertise in artificial intelligence, robotic process automation, big data, and cloud computing to penetrate the Indonesian market.
CLPS has reported significant growth in Southeast Asia, with a 101.7% year-over-year revenue increase in the first half of fiscal 2025. The new subsidiary will focus on localizing operations, investing in domestic talent, and fostering partnerships to support Indonesia's digital transformation journey.