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Stock impact report

TSS Inc (TSSI) Q3 2024 Earnings Call Highlights: Record Revenue Growth and Strategic Expansion [Yahoo! Finance Canada]

TSS, Inc. (TSSI) 
NASDAQ:AMEX Investor Relations: investors.tsys.com
Net Income: $2.6 million, a nearly twelvefold increase from the previous year. Earnings Per Share (EPS): Increased from $0.01 to $0.10. Procurement Revenue: $60.5 million, up from $5.4 million in the previous year. Integration Services Revenue: $7.6 million, a growth of 361% from the previous year. Facilities Management Revenue: $2 million, up 8% year-over-year. Gross Margin: 11.3%, down from 31.9% in Q3 2023. SG&A Expenses: $3.9 million, up from $2 million in the previous year. Adjusted EBITDA: $4.3 million, up from $0.9 million in the previous year. Cash and Cash Equivalents: $46.4 million, with no debt. Cash Flow from Operations: $36.9 million for the first nine months of 2024. Release Date: November 14, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Positive Points TSS Inc ( TSSI ) reported a significant year-over-year revenue growth of 689% for the third quarter, reaching $70.1 million. The com Show less Read more
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