secwatch.observer — SEC 8-K summary
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Issuer:     TSS, Inc. (TSSI)
CIK:        0001320760
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0001437749-24-035296
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1320760/000143774924035296/0001437749-24-035296-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1320760/000143774924035296/tssi20241114_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-035296

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer