secwatch.observer — SEC 8-K summary
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Issuer:     TSS, Inc. (TSSI)
CIK:        0001320760
Form:       8-K
Filed at:   2025-03-27T23:59:59+00:00
Accession:  0001654954-25-003424
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TSS FY2024 revenue up 172% to $148.1M; EPS $0.24 vs $0.00; Q4 revenue +105%
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- Full-year revenue $148.1M, up 172%; net income $6.0M vs $74K; diluted EPS $0.24 vs $0.00.
- Adjusted EBITDA $10.2M, up 283% from 2023; Q4 adjusted EBITDA $3.4M, up 267%.
- Procurement revenues $117.5M (+205%); Systems Integration $22.6M (+157%); Facilities Mgmt $8.0M (+13%).
- Signed multi-year agreement with largest customer; new facility expected operational by June 2025.
- Management expects high EBITDA growth in 2025; Q2 2025 initial contributions from new facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1320760/000165495425003424/0001654954-25-003424-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1320760/000165495425003424/tssi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-003424

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