TSS, Inc. Reports Strong Second Quarter 2024 Results
TSS INC (TSSI)
NASDAQ:AMEX Investor Relations:
investors.tsys.com
Company Research
Source: GlobeNewswire
345% growth in Net Income and 62% improvement in Adjusted EBITDA compared to Q2 2023 ROUND ROCK, Texas, Aug. 14, 2024 (GLOBE NEWSWIRE) -- TSS, Inc. (OTCQB: TSSI), a data center services company that integrates AI and other high-performance computing infrastructure and software, today reported results for its second quarter and six-month period ended June 30, 2024. “During Q2, we made a significant investment in our production capacity, which came online at the beginning of June,” said Darryll Dewan, CEO of TSS. “This expansion, compounded with process improvements, has significantly increased our volume capacity for rack integration and decreased the cycle time to complete each rack within our existing facility. The expansion was driven primarily by the surge in demand for server rack builds related to generative AI, as the AI market expands as a whole.” “To be clear, the volume ramp we've been anticipating is now underway. Our OEM customers have robust pipelines and we are seein
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TSSI
News
- TSS, Inc. to Present at the iAccess Alpha Virtual Investor Conference on September 24, 2024 at 10:30am ETGlobeNewswire
- TSS, Inc. (OTCQB: TSSI) Hires Hayden IR, Expanding Investor Relations Efforts and Strengthening its Team to Support Continued Growth in Revenue, Earnings, and Cash FlowGlobeNewswire
- TSS: Great Company, But Q2 Euphoria Not Sustainable [Seeking Alpha]Seeking Alpha
- TSS, Inc. (TSSI) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- TSS, Inc. Reports Strong Second Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
TSSI
Sec Filings
- 9/13/24 - Form 4
- 9/13/24 - Form S-8
- 9/11/24 - Form 4
- TSSI's page on the SEC website