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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), 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.
One Stop Systems (Nasdaq: OSS) has been invited to present at the Noble Capital Markets 18th Annual Small and Microcap Investor Conference on April 19-21, 2022, in Miami, Florida. CEO David Raun will present on April 20 at 11:00 a.m. Eastern time and will hold one-on-one meetings with investors. The company will discuss its market leadership in AI Transportables and recent financial performance, reporting a record $62 million in 2021 revenue, up 19%, and projected Q1 2022 revenue of $16.8 million, a 26% increase year-over-year. For participation details, visit their website.
One Stop Systems, Inc. (Nasdaq: OSS) reported Q4 and full-year 2021 results, showing a 28% revenue increase year-over-year, totaling $17.8 million for Q4 and $62 million for the full year. The company achieved a GAAP net income of $2.3 million for 2021, a recovery from a prior loss. However, Q4 saw a net loss of $386,000, driven by a lower-margin product mix. With $19.6 million in cash, OSS anticipates $16.8 million in Q1 2022 revenue, reflecting a 26% year-over-year growth. Key operational highlights included 14 new significant program wins in 2021.
On March 10, 2022, One Stop Systems, Inc. (NASDAQ: OSS) announced a conference call scheduled for March 24, 2022, at 5:00 p.m. Eastern Time to discuss its fourth quarter and full-year results for 2021. The financial results will be released prior to the call, which will feature a Q&A session with management. Interested participants can join via toll-free and international dial-in numbers, as well as through a live webcast. A replay of the call will be available until April 7, 2022. OSS specializes in AI Transportable solutions for various industries.
One Stop Systems, Inc. (OSS) will present at the 34th Annual ROTH Conference from March 13-15, 2022, in Dana Point, California. The event will feature one-on-one meetings and thematic panels. OSS, a leader in AI Transportable solutions, anticipates Q4 2021 revenue of approximately $17.1 million, reflecting a 23% year-over-year increase. This is part of an expected annual revenue of $61.3 million, up 18% from the previous year. OSS aims to discuss its market leadership in edge computing solutions at the event.
Wrap Technologies, Inc. (NASDAQ: WRAP) announced a major leadership transition to support its growth strategy. CEO Tom Smith and CFO Jim Barnes will step down, with Barnes retiring by year-end. The interim management will be led by L. W. Varner, Jr. as Principal Executive Officer, alongside Glenn Hickman as COO, and Lawrence Hirsh as Senior Advisor. A Special Transition Committee will oversee the leadership search. Wayne Walker has been appointed as the new Chairman of the Board, succeeding Patrick Kinsella. The Board aims to diversify the company's offerings and capitalize on growth opportunities in public safety technologies.
One Stop Systems, Inc. (Nasdaq: OSS) has confirmed its participation in the A.G.P. Emerging Growth Technology Conference on February 2, 2022. CEO David Raun and CFO John Morrison will engage in one-on-one meetings with investors and analysts, focusing on the company's advancements in AI Transportables. OSS reported a 23% revenue increase to $16 million in Q3 2021, with expectations of reaching record annual revenue of approximately $61.3 million, up 18% year-over-year. The firm highlights its commitment to high-performance edge computing solutions.
One Stop Systems (OSS), a leader in AI Transportable solutions, is set to participate in the Benchmark Discovery 1x1 Investor Conference on December 2, 2021. OS's president, David Raun, along with CFO John Morrison, will engage in one-on-one meetings with institutional analysts and investors. The company has recently reported record Q3 2021 results, with a 23% revenue increase to $16.0 million and a projected Q4 revenue of $17.1 million, resulting in an annual revenue of approximately $61.3 million, up 18%.
One Stop Systems (Nasdaq: OSS) has launched its new flagship AI Transportable compute server, Rigel Edge Supercomputer, at the SC21 conference. This groundbreaking product features the NVIDIA HGX™ A100 4-GPU platform, offering advanced compact edge computing capabilities. Rigel is designed for rugged environments, optimizing datacenter-class computing for demanding applications in vehicles, maritime, and aerospace sectors. The AI Transportables market is projected to grow significantly, reaching $15.7 billion by 2025, reflecting a strong demand for innovative edge solutions.
One Stop Systems (Nasdaq: OSS) reported strong Q3 2021 results, with revenue of $16.0 million, a 23% increase year-over-year and a 7% sequential growth. GAAP net income was $981,000 ($0.05/share), up from $858,000 last year. Non-GAAP net income improved to $1.5 million ($0.08/share). Total revenue for the first nine months reached $44.2 million, up 16%. The outlook for Q4 anticipates revenue of $17.1 million, marking a 23% year-over-year increase. OSS has gained major contracts, notably in military AI applications, bolstering its growth trajectory.
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