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Stock impact report

TSS, Inc. Reports First Quarter 2019 Results

TSS, Inc. (TSSI) 
NASDAQ:AMEX Investor Relations: investors.tsys.com
Company Research Source: GlobeNewswire
ROUND ROCK, Texas, May 15, 2019 (GLOBE NEWSWIRE) -- TSS, Inc. (Other OTC: TSSI), a data center facilities and technology services company, reported results for its first quarter ended March 31, 2019. First Quarter Highlights: First quarter 2019 revenue of $4.7 million compared with $4.8 million in the first quarter of 2018 and $5.7 million in the fourth quarter of 2018.Gross margin of 35% in the first quarter of 2019 compared with 38% in the first quarter of 2018.Achieved operating income of $50,000 in the first quarter of 2019 compared to operating income of $185,000 in the first quarter of 2018.Net loss of $31,000 or $0.00 per share in the first quarter of 2019 compared to net income of $81,000 or $0.01 per share in the first quarter of 2018.Adjusted EBITDA of $203,000 compared with Adjusted EBITDA of $340,000 in the first quarter of 2018.Adjusted EBITDA of $203,000 compared with pro forma Adjusted EBITDA of $186,000 in the first quarter of 2018 (excluding results of operati Show less Read more
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