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
Show less
Read more
Impact Snapshot
Event Time:
TSSI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TSSI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TSSI alerts
High impacting TSS, Inc. news events
Weekly update
A roundup of the hottest topics
TSSI
News
- TSS, Inc. Signs Long Term Lease for Larger Factory to Support Accelerating Demand for AI-Enabled Technologies [Yahoo! Finance]Yahoo! Finance
- TSS, Inc. Signs Long Term Lease for Larger Factory to Support Accelerating Demand for AI-Enabled TechnologiesAccesswire
- 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
TSSI
Sec Filings
- 12/17/24 - Form 4
- 12/12/24 - Form 144
- 12/12/24 - Form 4
- TSSI's page on the SEC website