OSS Reports Preliminary 2019 Results, Exceeding Guidance: Revenue up 57% to $58.3 Million
One Stop Systems, Inc. (OSS)
Last one stop systems, inc. earnings: 3/26 04:01 pm
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onestopsystems.com/investors
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Source: GlobeNewswire
ESCONDIDO, Calif., Jan. 22, 2020 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in specialized high-performance edge computing, reported preliminary unaudited revenue results for the fourth quarter and for the year ended December 31, 2019. The company expects record fourth quarter 2019 revenue of approximately $18.4 million, an increase of 28% as compared to the fourth quarter of 2018. For the full year, the company expects record revenue of approximately $58.3 million, an increase of 57% over 2018. Revenue for both the fourth quarter and full year are expected to exceed the top ranges of the company’s previously issued guidance by approximately $900,000 and $300,000, respectively. “Our record growth in 2019 resulted from growth of our major customers, new design win revenue and revenue from acquisitions,” said Steve Cooper, OSS president and CEO. “It also reflects our expanding presence in the worldwide market for specialized high-performance edge computing.”
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News
- OSS Announces Design Win with an Award-Winning AI Infrastructure CompanyGlobeNewswire
- One Stop Systems, Inc. (NASDAQ:OSS) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock? [Yahoo! Finance]Yahoo! Finance
- Is Now The Time To Look At Buying One Stop Systems, Inc. (NASDAQ:OSS)? [Yahoo! Finance]Yahoo! Finance
- One Stop Systems, Inc. (NASDAQ: OSS) was upgraded by analysts at Alliance Global Partners from a "neutral" rating to a "buy" rating. They now have a $4.50 price target on the stock, up previously from $3.25.MarketBeat
- One Stop Systems appoints Daniel Gabel as CFO [Seeking Alpha]Seeking Alpha
OSS
Earnings
- 11/6/24 - Miss
OSS
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- 11/12/24 - Form 3
- OSS's page on the SEC website