Welcome to our dedicated page for One Stop Systems news (Ticker: OSS), a resource for investors and traders seeking the latest updates and insights on One Stop Systems stock.
One Stop Systems, Inc. (Nasdaq: OSS) is a trailblazer in the design, manufacture, and marketing of rugged high-performance computing (HPC) and storage systems, specifically targeted for edge applications involving artificial intelligence (AI) and machine learning (ML). The company is known for its expertise in developing advanced PCI and PCI Express expansion systems, which enhance server, desktop, and portable platform capabilities, offering fault-tolerant, reliable, and serviceable solutions for mission-critical environments.
The company operates through two segments: OSS and Bressner. The OSS segment focuses on creating specialized high-performance customized computers and flash arrays, in-flight entertainment, and connectivity solutions. The Bressner segment acts as a system integrator, providing all-in-one hardware systems and components for industrial environments, contributing to the majority of the company's revenue.
OSS's innovation is highlighted by their recent achievements, including winning a contract with a U.S. intelligence agency for a liquid immersion-cooled HPC solution. This deployment will utilize OSS's rugged edge technology, capable of delivering up to 52GB/s sustained storage bandwidth. OSS's Gen 4 PCIe® 3U-SDS will integrate into a liquid immersion-cooled system for mobile ground station applications, marking a significant milestone for the company.
The company's product line includes ruggedized servers, compute accelerators, and flash storage arrays used across various industries, such as audio and video production, test and measurement, medical imaging, surveillance, aerospace, defense, and telecommunications. Their solutions support the entire AI workflow, from high-speed data acquisition to deep learning and large-scale inference.
Financially, OSS is transitioning from lower-margin media revenues to focus on high-margin AI transportable growth strategies. Despite a decrease in overall revenue in 2023 due to this transition, OSS saw an increase in gross margins, demonstrating the success of their new strategic focus.
OSS's products and services are globally available, reflecting their commitment to delivering high-performance solutions in the most challenging environments without compromise. Their customer base spans commercial and defense markets, ensuring robust support and growth opportunities for their high-performance computing solutions.
One Stop Systems (OSS) is scheduled to present at LD Micro’s Main Event on December 14, 2020. The event will be held virtually, featuring presentations from OSS's president and CEO, David Raun, and CFO, John Morrison at 10:00 a.m. PT. Attendees can register here. The presentation will include a live Q&A session and can be replayed later. OSS specializes in high-performance edge computing solutions, catering to various industries.
One Stop Systems (OSS) is set to present at the Noble Capital Markets’ Virtual Road Show on November 19, 2020, highlighting their role in specialized high-performance edge computing. The event, starting at 8:00 a.m. PT (11:00 a.m. ET), will feature OSS President David Raun and CFO John Morrison, followed by a Q&A session led by analyst Joe Gomes. Registration is free but limited to the first 100 registrants. Participants can also schedule one-on-one meetings with OSS online.
One Stop Systems reported Q3 2020 revenue of $13.0 million, a 12% increase from Q2 but a 13% decline year-over-year due to COVID-19. Gross profit margin improved to 37.8%, up from 28.6% in Q2. Operating expenses decreased 15% to $3.9 million, while net income rose 57% to $858,000. For the first nine months, revenue totaled $38.0 million, a 5% decrease, primarily due to a drop in media and entertainment revenues. OSS expects Q4 2020 revenue of around $13.0 million, maintaining similar gross margins.
One Stop Systems (Nasdaq: OSS) has been invited to present at two investor conferences this November. The first event, the ROTH Technology Virtual Conference, is scheduled for November 11-12, 2020, featuring 1x1 and small group meetings. Interested parties can register via email. The second event is organized by Benchmark and will take place on November 18, 2020, also focusing on one-on-one meetings. OSS management aims to connect with institutional investors and analysts at both events.
One Stop Systems (Nasdaq: OSS) is set to host a webinar on November 5, 2020, focusing on bringing supercomputing performance to edge AI applications. This event will feature speakers from OSS and NVIDIA, discussing the benefits of positioning high-performance AI infrastructure directly in the field. Key topics include eliminating slow network response times and deploying solutions in rugged environments for industries like defense and autonomous vehicles. Registration for this informative session is available for free online.
One Stop Systems, a leader in high-performance edge computing, will hold a conference call on November 12, 2020, at 5:00 p.m. Eastern to discuss its third quarter results for the period ending September 30, 2020. The financial results will be released prior to the call. Interested participants can join via toll-free and international dial-in numbers, with a live webcast available on the company’s website. A replay of the call will be accessible after 8:00 p.m. Eastern on the same day through November 26, 2020.
One Stop Systems (Nasdaq: OSS) has launched the 4U Pro, an advanced PCI Express Gen 4 expansion platform, enhancing its product line. This new offering boasts 1 terabit per second of low-latency interconnect, supporting extensive AI functionalities for edge computing. The 4U Pro is designed for versatility, accommodating various configurations including support for up to 64 GPUs. Initial demand comes from sectors such as automotive and military. The platform is already available for order, showcasing OSS's commitment to high-performance computing solutions.
One Stop Systems, Inc. (OSS) showcased its innovative products, AI on the Fly® and Data Center in the Sky™, at the GPU Technology Conference hosted by NVIDIA. Jim Ison, OSS's chief sales officer, highlighted the benefits of rugged, transportable GPU-accelerated servers utilizing HGX-A100 technology. These systems cater to sectors like aerospace and defense, addressing the challenges of delivering high-performance computing in the field. Additionally, OSS introduced a PCIe Gen 4 expansion system capable of enhancing computing performance by up to 20X. Customers can order these products directly from OSS.
One Stop Systems, Inc. (OSS), a leader in specialized edge computing, will present at The LD 500 virtual investor conference from September 1-4, 2020. CEO David Raun and CFO John Morrison will present on September 1 at 12:40 p.m. Eastern, discussing OSS's AI on the Fly technology and its role in next-gen autonomous vehicles. The conference is significant for micro-cap companies, featuring over 300 presenters. Investors can access the live webcast and schedule one-on-one meetings with OSS via the conference's website.
One Stop Systems (Nasdaq: OSS) announced two purchase orders totaling $4.3 million for military-grade data storage units (DSUs), set to be delivered in the latter half of 2020. This follows a prior $36 million agreement to supply flash storage arrays for military radar applications. The DSUs utilize removable canisters, enabling secure transport of high-volume, encrypted data. OSS's technology is becoming a standard for the U.S. military, showcasing their capabilities in high-performance edge computing.
FAQ
What is the current stock price of One Stop Systems (OSS)?
What is the market cap of One Stop Systems (OSS)?
What is One Stop Systems, Inc. (OSS)?
What are the core segments of OSS?
What recent projects has OSS undertaken?
What industries does OSS serve?
How is OSS performing financially?
What products does OSS offer?
How can customers acquire OSS products?
What makes OSS's products unique?
What is the significance of OSS's Gen 4 PCIe® 3U-SDS?
What strategic shifts has OSS made recently?
