---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-023649"
form_type: "8-K"
ticker: "TSSI"
cik: "0001320760"
company_name: "TSS, Inc."
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T10:22:21.442415+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TSS Q2 revenue jumps to $14.5M from $6.4M YoY; net income down to $315K

## Summary
- Revenue $14.5M vs $6.4M in Q2 2022, driven by reseller revenue of $10.6M (vs $0.8M).
- Net income $315K ($0.01/sh) vs $771K ($0.04/sh) in prior-year quarter.
- Gross margin compressed to 22% from 41% due to mix shift toward lower-margin reseller sales.
- Adjusted EBITDA rose to $1.22M from $1.12M; operating income of $975K vs $939K.
- CEO cites large procurement deals closed in Q2 and plans to capitalize on AI-driven demand.

## SEC filing metadata
- accession: 0001437749-23-023649
- form_type: 8-K
- ticker: TSSI
- cik: 0001320760
- company_name: TSS, Inc.
- filed_at: 2023-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1320760/000143774923023649/0001437749-23-023649-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1320760/000143774923023649/tssi20230814_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-023649
- JSON: https://secwatch.observer/filing/0001437749-23-023649.json
- Plain text: https://secwatch.observer/filing/0001437749-23-023649.txt

## Key facts
- Earnings Releases
  TSS, Inc. reported the second quarter ended June 30, 2023 results: revenue $14.5 million, net income $315,000 or $0.01 per share, EPS $0.01 per share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $14.5 million
  - Net income: $315,000 or $0.01 per share
  - EPS: $0.01 per share
  - Result: reported results
  source text: facilities and technology services company, reported results for its second quarter ended June 30, 2023. Second Quarter Highlights (unaudited): ● Second quarter 2023 revenue of $14.5 million compared with $6.4 million in the second quarter of 2022. Reseller revenues were $10.6 million in the second quarter of 2023 compared to $0.8 million in the second quarter of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1320760/000143774923023649/0001437749-23-023649-index.htm
- Earnings Releases
  TSS, Inc. reported financial results for the three and six months ended June 30, 2023.
  - Period: the three and six months ended June 30, 2023
  - Result: reported results
  source text: On Monday, August 14, 2023, TSS, Inc. (the “Company”), issued a press release reporting certain financial results of the Company for the three and six months ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1320760/000143774923023649/0001437749-23-023649-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.