Q3 revenue $70.1M (+689% YoY); net income $2.6M; EPS $0.10; signed multi-year AI rack deal

TSS, Inc.

2024-Q3 EPS reported $0.16 revenue$98,119,000

Revenue $70.1M, up 689% YoY; net income $2.6M up 1,166%; diluted EPS $0.10 vs $0.01.
Procurement revenue $60.5M (+1,016%); systems integration $7.6M (+361%).
Signed multi-year agreement with large customer for AI-enabled rack integration.
Plans to move to larger facility in early 2025; uplisted to Nasdaq Capital Market.
Appointed industry veteran Michael Fahy as independent director.

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