TSS, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 04:31 pm EST
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TSS, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 8.88 million compared to USD 8.08 million a year ago. Net income was USD 0.209 million compared to USD 0.605 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to USD 0.03 a year ago. Diluted earnings per share from continuing operations was USD 0.01 compared to USD 0.03 a year ago.
For the nine months, sales was USD 29.99 million compared to USD 19.69 million a year ago. Net loss was USD 0.262 million compared to net income of USD 1.07 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.05 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to diluted earnings per share from continuing operations of USD 0.05 a year ago.
TSS, Inc. is a data center services company that integrates high-performance computing infrastructure and software. The Company's segments include facilities, and systems integration. Facilities segment is involved in the design, project management and maintenance of data center and mission-critical business operations. Systems integration segment integrates information technology (IT) equipment for original equipment manufacturer vendors and customers to be used inside data center environments, including modular data centers. Its services include rack and systems integration, configuration services, data center and modular data center facility management integrations, deployment and maintenance services, strategic procurement services, project management and technology consulting, design and engineering services. Its IT solutions can be deployed in a variety of physical settings such as data centers, co-location facilities, server rooms, modular or edge-based solutions and others.
TSS, INC. 
