Welcome to our dedicated page for Tss Del news (Ticker: TSSI), a resource for investors and traders seeking the latest updates and insights on Tss Del stock.
TSS Inc Del (TSSI) delivers mission-critical data center integration and high-performance computing solutions for enterprises nationwide. This dedicated news hub provides investors and industry professionals with authoritative updates on corporate developments, financial milestones, and technological innovations.
Access real-time press releases covering earnings announcements, strategic partnerships, and infrastructure project deployments. Our curated collection simplifies tracking of systems integration advancements and facilities management initiatives central to TSSI's operations.
Key updates include executive leadership changes, contract awards with major technology providers, and progress in AI-enabled computing infrastructure projects. All content is verified for accuracy and relevance to support informed decision-making.
Bookmark this page for streamlined access to TSSI's evolving market position in critical IT infrastructure. Monitor operational developments through professionally vetted announcements while staying informed about industry trends shaping data center innovation.
TSS, Inc. (TSSI) reported its financial results for Q4 and fiscal year 2022, revealing a Q4 revenue of $10.9 million, down from $14.6 million in Q4 2021. Reseller revenues also decreased to $7.6 million from $11.7 million. Despite a lower gross margin of 18%, up from 12% year-over-year, the company faced an operating loss of $723,000. The fiscal year saw revenue growth to $30.6 million, compared to $27.4 million in 2021, with a notable adjusted EBITDA increase to $2,243,000. Management attributes Q4 losses to one-time CEO transition costs but maintains a positive outlook for 2023, expecting profitable growth.
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