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Stock impact report

TSS, Inc. Reports Third Quarter 2019 Results

TSS, Inc. (TSSI) 
NASDAQ:AMEX Investor Relations: investors.tsys.com
Company Research Source: GlobeNewswire
ROUND ROCK, Texas, Nov. 14, 2019 (GLOBE NEWSWIRE) -- TSS, Inc. (Other OTC: TSSI), a data center facilities and technology services company, reported results for its third quarter ended September 30, 2019. Third Quarter Highlights: Third quarter 2019 revenue of $4.2 million compared with $6.4 million in the third quarter of 2018 and $3.5 million in the second quarter of 2019.  The third quarter 2018 revenues include $1.8 million from operations sold in 2018.Gross margin of 36% in the third quarter of 2019 compared with 39% in the third quarter of 2018.Operating loss of $12,000 in the third quarter of 2019 compared to operating income of $771,000 in the third quarter of 2018. The third quarter of 2018 includes $552,000 of operating income from operations sold in 2018.Net loss of $95,000 or $(0.01) per share in the third quarter of 2019 compared to net income of $652,000 or $0.04 per share in the third quarter of 2018.Adjusted EBITDA of $157,000 compared with Adjusted EBITDA Show less Read more
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