---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-031601"
form_type: "8-K"
ticker: "TSSI"
cik: "0001320760"
company_name: "TSS, Inc."
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T04:41:48.955354+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TSS Q3 revenue up 10% to $8.9M; net income slides to $209k from $605k

## Summary
- Q3 2023 revenue $8.9M (+10% YoY) driven by reseller revenue surge to $5.4M from $3.1M.
- Gross margin fell to 32% from 34%; operating income $715k vs $871k in Q3 2022.
- Net income $209k ($0.01/share) vs $605k ($0.03); YTD net loss $262k vs prior net income.
- Adjusted EBITDA Q3 $940k vs $1,043k; YTD $1,727k vs $2,202k.
- CEO cites investments in sales/ops to capture AI-driven IT market growth.

## SEC filing metadata
- accession: 0001437749-23-031601
- form_type: 8-K
- ticker: TSSI
- cik: 0001320760
- company_name: TSS, Inc.
- filed_at: 2023-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1320760/000143774923031601/0001437749-23-031601-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1320760/000143774923031601/tssi20231113_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-031601
- JSON: https://secwatch.observer/filing/0001437749-23-031601.json
- Plain text: https://secwatch.observer/filing/0001437749-23-031601.txt

## Key facts
- Earnings Releases
  TSS, Inc. reported financial results for three and nine months ended September 30, 2023.
  - Period: three and nine months ended September 30, 2023
  - Result: reported results
  source text: issued a press release reporting certain financial results of the Company for the three and nine months ended September 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1320760/000143774923031601/0001437749-23-031601-index.htm
- Earnings Releases
  TSS, Inc. reported third quarter ended September 30, 2023 results: revenue $8.9 million, net income $209,000 or $0.01 per share, EPS $0.01 per share.
  - Period: third quarter ended September 30, 2023
  - Revenue: $8.9 million
  - Net income: $209,000 or $0.01 per share
  - EPS: $0.01 per share
  - Result: reported results
  source text: We will continuously improve the solutions and services we provide to the market.” Third Quarter Highlights (unaudited): ● Third quarter 2023 revenue of $8.9 million compared with $8.1 million in the third quarter of 2022. Reseller revenues were $5.4 million in the third quarter of 2023 compared to $3.1 million in the third quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1320760/000143774923031601/0001437749-23-031601-index.htm

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