secwatch.observer — SEC 8-K summary
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Issuer:     TSS, Inc. (TSSI)
CIK:        0001320760
Form:       8-K
Filed at:   2025-11-13T23:59:59+00:00
Accession:  0001654954-25-012990
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TSS Q3 net loss $1.5M, revenue down 40% YoY; updates FY25 EBITDA outlook 50-75% growth
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1320760/000165495425012990/0001654954-25-012990-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1320760/000165495425012990/tssi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-012990

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