One Stop Systems Q2 revenue $13.2M, net loss $2.3M; sees Q3 growth

ONE STOP SYSTEMS, INC.

2024-Q2 EPS reported -$0.18 revenue$25,853,116

Consolidated revenue $13.2M, down 23.3% YoY, impacted by former media customer and Europe softness.
Net loss of $2.3M ($0.11/sh); non-GAAP net loss $1.8M ($0.09/sh); Adjusted EBITDA loss $1.3M.
OSS segment revenue $5.5M (-33.3% YoY), but orders of $7.5M outpaced revenue for second straight quarter.
Customer-funded development revenue expanded, seen as future growth indicator; backlog includes pushed orders from Q3.
Q3 2024 guidance: consolidated revenue ~$13.3M, OSS segment up 15% YoY to $6.3M; Bressner still soft.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.