TSS Reports 900% Y/Y Earnings Surge in Q3, Bolsters AI Integration [Yahoo! Finance]
TSS, Inc. (TSSI)
NASDAQ:AMEX Investor Relations:
investors.tsys.com
Company Research
Source: Yahoo! Finance
Its shares compared unfavorably with the S&P 500 index's decline of 1.1%. Over the past month, the TSSI stock has declined 4.3%, against the S&P 500 index's 1.7% growth. For the third quarter of 2024, TSS reported total revenues of $70.1 million, skyrocketing 689% from $8.9 million in the prior-year quarter. Procurement revenues saw the most dramatic year-over-year surge of 1,016% to $60.5 million, whereas systems integration and facilities management revenues grew 361% and 8%, respectively. The company's net income soared 1,166% to $2.6 million from $209,000 in the prior-year period. Its third-quarter 2024 earnings per share on a diluted basis increased 900% to 10 cents from 1 cent in the prior-year quarter. This significant rise was driven by strong performances across all major revenue streams. TSS Inc. price-consensus-eps-surprise-chart | TSS Inc. Quote Operating income rose to $3.8 million in the third quarter of 2024 from $0.7 million in the last-year period, reflecting
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TSSI
News
- TSS Inc (TSSI) Q3 2024 Earnings Call Highlights: Record Revenue Growth and Strategic Expansion [Yahoo! Finance]Yahoo! Finance
- TSS Inc (TSSI) Q3 2024 Earnings Call Highlights: Record Revenue Growth and Strategic Expansion [Yahoo! Finance Canada]Yahoo! Finance Canada
- TSS, INC. Reports Third Quarter Revenue of $70.1 Million, Up 689% [Yahoo! Finance]Yahoo! Finance
- TSS, INC. Reports Third Quarter Revenue of $70.1 Million, Up 689% Accesswire
- TSS, Inc. Announces Uplisting to The Nasdaq Capital Market Accesswire
TSSI
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- 11/20/24 - Form 144
- TSSI's page on the SEC website