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TSS Inc (TSSI)
NASDAQ:TSSI
Earnings Data
Report Date
May 19, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
<0.01Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 27, 2025
|% Change Since: -3.06%
|Next Earnings Date:May 19, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong positive sentiment with significant growth in revenue, profitability, and strategic expansions, despite some increases in costs impacting net income.Company Guidance
In the fourth quarter of 2024, TSS, Inc. demonstrated strong financial performance driven by significant growth across all segments. The company delivered a 172% increase in organic revenue for the full year, reaching $148.1 million, compared to $54.4 million in the previous year. Diluted earnings per share surged from breakeven in 2023 to $0.24 in 2024, with a positive cash flow from operations exceeding $15 million. The procurement services segment saw a remarkable revenue growth of 205%, totaling $117.5 million. Facilities management, representing 5% of total revenue, grew by 13%, maintaining high gross margins above 50%. The integration services business, including AI racks, experienced a 157% revenue increase to $22.6 million. The company also reported a 105% year-over-year increase in Q4 revenue to $50 million, with diluted EPS for the quarter growing by 300% to $0.08. TSS's improved visibility into future orders and strategic initiatives, like the expansion into a new 213,000 square foot facility, positions it well for continued success in 2025, with anticipated adjusted EBITDA growth of at least 50% over 2024.Exceptional Year for TSS
TSS achieved organic revenue growth of 172% for the full year 2024, with diluted earnings per share increasing from breakeven in 2023 to $0.24.
Robust Growth in Procurement Services
The Procurement Services segment saw revenue growth of 205%, reaching $117.5 million compared to $36.5 million in 2023.
Expansion of Facilities and Capabilities
TSS signed a multiyear lease for a new 213,000 square foot facility, increasing operating space by over 100% to support AI-driven demand.
Record Q4 Financial Performance
Q4 revenue reached $50 million, a 105% increase year-over-year, with a 300% increase in diluted earnings per share to $0.08.
Strong Cash Flow and Profitability
For 2024, TSS generated positive cash flow from operations of over $15 million and improved net income to $6 million from $74,000 in 2023.
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TSSI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSSI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 27, 2025 | $8.51 | $8.25 | -3.06% |
| Nov 14, 2024 | $11.98 | $9.06 | -24.37% |
| Aug 14, 2024 | $2.75 | $3.25 | +18.18% |
| May 14, 2024 | $1.40 | $1.28 | -8.57% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does TSS Inc (TSSI) report earnings?
TSS Inc (TSSI) is schdueled to report earning on May 19, 2025, TBA Not Confirmed.
What is TSS Inc (TSSI) earnings time?
TSS Inc (TSSI) earnings time is at May 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSSI EPS forecast?
Currently, no data Available
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