earnings
confidence high
sentiment positive
materiality 0.65
TSS Q2 revenue down 20% to $35.1M; systems integration up 46%, EBITDA up 12%
TSS, Inc.
- Q2 revenue $35.1M, down 20% YoY; systems integration $13.9M up 46% (39% of revenue vs 22%), facilities mgmt $2.7M up 84%
- Net income $1.4M, diluted EPS $0.05 vs $1.5M/$0.06; adjusted EBITDA $4.5M up 12%
- YTD revenue $90.5M down 37%; SI $28.0M up 65%; adjusted EBITDA $9.8M up 5%
- $17M investment for next-gen AI data center tech; expected to boost SI revenue from Q3 2026
- FY 2026 outlook: adjusted EBITDA at upper end of $20M-$22M range; CEO Darryll Dewan cites strong demand