Welcome to our dedicated page for TSS news (Ticker: TSSI), a resource for investors and traders seeking the latest updates and insights on TSS stock.
Total Site Solutions (TSS) Inc, now part of CyberCX, Australia’s premier cyber security force, simplifies complex high-performance computing integration and deployment. With a focus on data center moves, TSS delivers custom solutions empowering digital transformation and generative AI technologies. As leaders in the industry, TSS manages and deploys billions of dollars in technology annually, ensuring customers receive fast, efficient, and flexible services.
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Total Site Solutions (TSS) discusses the impact of AI and ML on data centers and digital transformation in 2024. Key trends include modular data centers, security and compliance challenges, energy efficiency, and addressing the skills gap.
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TSS, Inc. (TSSI) Reports Strong Financial Results for Q3 2023, Plans for Future Growth and Expansion. The company's third-quarter revenue increased to $8.9 million, with reseller revenues at $5.4 million. Gross margin was 32%, and operating income was $715,000. Year-to-date revenue reached $30.0 million, with reseller revenues at $17.7 million. However, gross margin decreased to 26%, and the company reported a net loss of $262,000. Adjusted EBITDA for Q3 2023 was $940,000, and $1,727,000 year-to-date. TSS plans to expand direct selling capabilities and improve communication to capture growth in the IT market driven by AI, cyber-security, and data analytics.
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TSS, Inc. will report financial results for its third quarter 2023 on November 13th, 2023. The Company will conduct a conference call at 4.30 p.m. eastern time that day. Investors may participate by dialing 1-888-596-4144 (U.S.) or 1-646-968-2525 (international). A live audio webcast will be available on the Company's website. An audio replay of the conference call will be available until December 13, 2023.
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TSS, Inc. appoints Jim Olivier as Chief Revenue Officer
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TSS, Inc. receives Dell Technologies' First Choice Partner Award for 2023, recognizing their top-performing data center integration partnership.
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FAQ
What is the current stock price of TSS (TSSI)?
The current stock price of TSS (TSSI) is $10.06 as of December 20, 2024.
What is the market cap of TSS (TSSI)?
The market cap of TSS (TSSI) is approximately 224.1M.
What does TSS Inc specialize in?
TSS specializes in simplifying the integration and deployment of high-performance computing infrastructure and software.
What is TSS Inc's mission?
TSS aims to streamline the deployment of technology solutions, ensuring end users efficiently utilize necessary technology.
What sets TSS Inc apart?
TSS builds, integrates, and deploys custom, high-volume solutions that empower data centers and catalyze digital transformation.
What industries does TSS Inc serve?
TSS serves industries requiring high-performance computing infrastructure, digital transformation, and generative AI technologies.
Who are the trusted partners of TSS Inc?
TSS partners with the world's leading data center technology providers, managing and deploying billions of dollars in technology annually.
What services does TSS Inc offer?
TSS provides a comprehensive suite of Data Center Services, including modular data center integration, deployment, maintenance, and cybersecurity solutions.
What is TSS Inc's focus in terms of technology trends?
TSS focuses on simplifying the complex, particularly in the rapidly changing world of digital transformation and AI-driven innovations.
Who is the CEO of TSS Inc?
Darryll Dewan serves as the CEO of Total Site Solutions (TSS) Inc.
Where can I find more information about TSS Inc?
For more information about TSS Inc, visit their official website at www.tssiusa.com.
What are TSS Inc's recent financial achievements?
TSS has shown significant revenue growth, operating profit growth, and improvement in adjusted EBITDA, positioning the company for future growth and profitability.
TSS, Inc.
OTC:TSSI
TSSI Rankings
TSSI Stock Data
224.05M
16.67M
24.94%
15.78%
0.14%
Information Technology Services
Services-management Consulting Services
United States of America
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