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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) reported Q2 2022 results with a record revenue of $18.3 million, a 23% increase year-over-year. Gross profit rose 12% to $5.2 million, but GAAP net income decreased to $323,000 ($0.02 per share) compared to $1.7 million in Q2 2021. Non-GAAP net income increased slightly to $871,000. The company secured four new major program wins, including initiatives in AI Transportable markets. For Q3 2022, OSS anticipates revenue of approximately $18.5 million, reflecting 16% growth.
One Stop Systems (Nasdaq: OSS) will conduct a conference call on August 11, 2022, at 5:00 p.m. Eastern time, to discuss its Q2 2022 results. The financial results will be issued via press release before the call. Participants can dial in using toll-free number 1-800-289-0720 or international number 1-786-460-7148 with Conference ID 9430360. A webcast will be available, including a slide presentation, with an archived version accessible post-event on the company’s website. A replay will be offered until August 25, 2022.
One Stop Systems (OSS) has established a new advisory board aimed at enhancing its position in the multi-billion-dollar AI Transportables market. The board comprises seasoned military officials and corporate executives with vast experience in technology, high-performance computing, and the defense sector. They will assist OSS in refining product strategies and navigating government processes. OSS is witnessing increased demand for its high-performance computing solutions, and its advisory board is expected to expedite market penetration and capitalize on opportunities across various verticals, including defense and energy.
Guild Holdings Company (NYSE: GHLD) announced the appointment of Gioia Messinger to its board of directors, effective July 1, 2022, expanding the board to seven members. Ms. Messinger brings over 30 years of executive experience and has a strong background in strategic advisory and digital transformation. Her previous roles include founder and CEO of Avaak, Inc. Patrick Duffy, chairman of the board, highlighted her proven track record in innovation and strategic planning. Ms. Messinger expressed enthusiasm to join Guild and contribute to its sustainable growth.
One Stop Systems (Nasdaq: OSS) will present at the 2022 LD Micro Invitational in Westlake Village, California, from June 7-9, 2022. CEO David Raun is scheduled to speak on June 8 at 2:00 p.m. Eastern time. The company will discuss its advancements in AI Transportables, especially for autonomous vehicles and military applications. OSS reported a record first quarter 2022 with a 28% revenue increase to $17.1 million and a net income of $0.03 per share. Investors can register for the event to watch the presentation and schedule one-on-one meetings.
One Stop Systems (OSS) reported a strong first quarter of 2022, achieving record revenues of $17.1 million, a 28% year-over-year increase. Gross profit rose 16% to $5.1 million, while operating expenses grew by 8%. GAAP net income reached $579,000, or $0.03 per share, significantly up from $41,000 in Q1 2021. The company secured six major program wins, particularly in autonomous trucking, enhancing its AI Transportable strategy. Despite challenges from supply chain disruptions, OSS remains cash flow positive with $15.8 million in cash and equivalents as of March 31, 2022.
One Stop Systems is set to present at the 7th Annual Oppenheimer Emerging Growth Conference on May 10, 2022. The company will engage in one-on-one meetings with institutional investors, focusing on its AI Transportable edge computing solutions. OSS reported a 19% increase in 2021 revenue, reaching $62 million, with a projected revenue of $16.8 million for Q1 2022, representing a 26% growth year-over-year. Management, including CEO David Raun and CFO John Morrison, will highlight the expansion in autonomous trucking and military aircraft verticals.
One Stop Systems (OSS) will host a conference call on May 12, 2022, at 5:00 p.m. Eastern time to discuss its Q1 2022 financial results. The call follows a press release with results prior to the meeting. Participants can join by dialing 1-888-224-1005 (toll-free) or 1-786-789-4797 (international), using Conference ID: 1230393. A live webcast is also available, with a replay accessible after the call. OSS specializes in AI Transportable solutions for industries like defense and autonomous vehicles.
One Stop Systems, Inc. (Nasdaq: OSS) moderated a panel on autonomous trucks at the AUVSI XPONENTIAL 2022 conference. The discussion focused on market catalysts and challenges, emphasizing OSS's rugged computing technology that enhances sensor data processing for autonomous vehicles. OSS is actively collaborating with multiple trucking companies and anticipates significant market growth, projecting over a billion dollars in AI Transportable solutions. The autonomous truck sector is expected to exceed $2.5 billion by 2028, driven by investments exceeding $10 billion and a demand for reduced operational costs and increased efficiency.
One Stop Systems (OSS), a leader in AI transportable solutions, announced two program wins in the autonomous truck sector with a self-driving technology pioneer and a subsidiary of a major commercial vehicle manufacturer. These partnerships affirm OSS's strategic focus on the rapidly growing autonomous truck market projected to grow from $528 million in 2023 to $166.8 billion by 2035. OSS's Centauri product, designed for high-capacity and efficient data storage, is set for shipment soon, enhancing operations for autonomous trucking, which can reduce transit times significantly.
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