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. (NASDAQ:TSSI) is a data center services company centered on AI and high-performance computing (HPC) infrastructure and software integration, along with related data center services. Company news frequently highlights how TSS builds, integrates and deploys custom, high-volume solutions that support data centers and the digital transformation of generative AI and other advanced technologies.
On this page, readers can find news releases covering TSS’s financial results, strategic updates and thought leadership around AI and HPC infrastructure. Earnings announcements describe revenue by segment across Procurement, Systems Integration and Facilities Management, along with commentary on demand for AI-related infrastructure and the company’s operational capabilities. These releases also explain the use of non-GAAP metrics such as Adjusted EBITDA, with references to reconciliations provided in the full financial tables.
Other news items include information on public offerings of common stock under the company’s shelf registration statement on Form S-3, credit agreement amendments that add incremental term loans to support capital expenditures, and updates on investor conference participation. Governance developments, such as the appointment of directors with AI and technology strategy experience, are also disclosed through press releases and related Form 8-K filings.
Investors and observers can use this news feed to follow how TSS positions itself in AI and HPC infrastructure integration, how its segments perform over time and how management describes the outlook for data center and AI-related demand. Regular updates on conference calls, webcasts and investor events provide additional context for understanding the company’s strategic direction and financial reporting.
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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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