earnings
confidence high
sentiment negative
materiality 0.80
TSS Q3 net loss $1.5M, revenue down 40% YoY; updates FY25 EBITDA outlook 50-75% growth
TSS, Inc.
2025-Q3 EPS reported
$0.11
revenue$184,812,000
- Q3 revenue $41.9M (-40% YoY); net loss $1.5M vs income $2.6M; diluted EPS ($0.06) vs $0.10.
- Systems Integration revenue up 20% to $9.2M; Procurement down 49% to $31.1M; CEO cites unforeseen operational requirements.
- Year-to-date revenue $184.8M (+88%); net income $3.0M (-27%); adjusted EBITDA $10.7M (+59%).
- FY2025 adjusted EBITDA growth outlook lowered to 50-75% vs 2024; Q4 expected rebound driven by higher rack volumes.
- Board appoints Vivek Mohindra (Special Advisor to Dell COO) as Class III director; options for 6,000 shares and $40K retainer.