earnings
confidence high
sentiment positive
materiality 0.65
One Stop Systems reports record Q2 revenue $18.3M, up 23% YoY; guides Q3 ~$18.5M
ONE STOP SYSTEMS, INC.
2022-Q2 EPS reported
$0.04
revenue$35,356,020
- Revenue record $18.3M, up 23% YoY; core OSS up 18%, Bressner up 31%.
- GAAP net income $323K ($0.02/diluted) vs $1.7M ($0.09) prior year which included $1.5M PPP loan forgiveness.
- Non-GAAP net income $871K ($0.04/diluted) vs $812K ($0.04) prior year; adjusted EBITDA $1.2M.
- Four new major program wins in AI Transportable, commercial aerospace, medical imaging.
- Q3 2022 revenue guidance ~$18.5M, representing 16% growth YoY.