TSS, Inc. reported first quarter ended March 31, 2026 results: revenue $55.3 million, net income $2.3 million, EPS $0.08. Guidance reaffirmed.
“TSS Reports First Quarter 2026 Financial Results Total Revenue of $55.3 Million”
TSS, Inc. — fact timeline
Source-grounded facts extracted from TSS, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
TSS, Inc. reported financial results for the fourth quarter and year ended December 31, 2025.
“On Wednesday, March 11, 2026, TSS, Inc. (the “Company”), issued a press release reporting certain financial results of the Company for the three and twelve months ended December 31, 2025. A copy of the press release is being furnished herewith as Exhibit 99.1.”
TSS, Inc. incurred term loan of $5,000,000 with Susser Bank.
“an incremental term loan of $5,000,000 (the “Incremental Note”) to the $20,000,000 term loan facility (the “Note”) obtained as part of the Credit Agreement. The Incremental Note has the same terms as the Note, including but not limited to the interest rate, maturity date and payment terms as defined in the Credit Agreement.”
TSS, Inc. engaged BDO USA, P.C. as its auditor.
“On July 15, 2025, the Company engaged BDO USA, P.C. ("BDO") as the Company's new independent registered public accounting firm for the fiscal year ending December 31, 2025, which was approved by the Audit Committee of the Company's Board of Directors.”
TSS, Inc. dismissed Weaver and Tidwell, L.L.P. as its auditor.
“On July 10, 2025, the Audit Committee of the Board of Directors of TSS, Inc. (the "Company") approved the dismissal of Weaver and Tidwell, L.L.P. ("Weaver") as the Company's independent registered public accounting firm.”
Michael Fahy was appointed as Class II Director at TSS, Inc..
“On October 2, 2024, Michael Fahy was appointed to the board of directors of TSS, Inc. (the “Company”) as a Class II director for a term expiring at the 2025 Annual Meeting of Stockholders and until his successor is duly elected and qualified.”
Karl Todd Marrott was appointed as Chief Operating Officer at TSS, Inc..
“On June 27, 2024, TSS, Inc. (the “Company”) issued a press release announcing the appointment of Karl Todd Marrott as Chief Operating Officer of the Company, effective July 1, 2024.”
John Penver departed as Chief Financial Officer at TSS, Inc..
“announcing the appointment of Daniel M. Chism as Chief Financial Officer of the Company, effective June 7, 2024, succeeding John Penver.”
Daniel M. Chism was appointed as Chief Financial Officer at TSS, Inc..
“announcing the appointment of Daniel M. Chism as Chief Financial Officer of the Company, effective June 7, 2024, succeeding John Penver.”
John Penver resigned as Chief Financial Officer at TSS, Inc..
“On May 15, 2024, John Penver, the Chief Financial Officer of TSS, Inc. (the “Company”) tendered his resignation as the Company’s Chief Financial Officer, effective June 15, 2024.”
TSS, Inc. reported first quarter ended March 31, 2024 results: revenue $15.9 million, net income $15,000 or $0.00 per share, EPS $0.00 per share.
“first quarter 2024 revenue of $15.9 million compared with $6.6 million in the first quarter of 2023. Procurement revenues were $11.6 million in the first quarter of 2024 compared to $1.7 million in the first quarter of 2023. ● Increased gross profits by $1 million or 61% compared to the first quarter of 2023 ● Improved Operating income by $918,000 to income of $253,000 in the first quarter of 2024 compared to an operating loss of $665,000 in the first quarter of 2023. ● Net income of $15,000 or $0.00 per share in the first quarter of 2024 compared to a net loss of $786,000 or $(0.04) per share in the first quarter of 2023.”
TSS, Inc. reported financial results for the three and twelve months ended December 31, 2023.
“On Thursday, March 28, 2024, TSS, Inc. (the “Company”), issued a press release reporting certain financial results of the Company for the three and twelve months ended December 31, 2023.”
TSS, Inc. reported financial results for three and nine months ended September 30, 2023.
“issued a press release reporting certain financial results of the Company for the three and nine months ended September 30, 2023”
TSS, Inc. reported third quarter ended September 30, 2023 results: revenue $8.9 million, net income $209,000 or $0.01 per share, EPS $0.01 per share.
“We will continuously improve the solutions and services we provide to the market.” Third Quarter Highlights (unaudited): ● Third quarter 2023 revenue of $8.9 million compared with $8.1 million in the third quarter of 2022. Reseller revenues were $5.4 million in the third quarter of 2023 compared to $3.1 million in the third quarter of 2022.”
TSS, Inc. reported financial results for the three and six months ended June 30, 2023.
“On Monday, August 14, 2023, TSS, Inc. (the “Company”), issued a press release reporting certain financial results of the Company for the three and six months ended June 30, 2023.”
TSS, Inc. reported the second quarter ended June 30, 2023 results: revenue $14.5 million, net income $315,000 or $0.01 per share, EPS $0.01 per share.
“facilities and technology services company, reported results for its second quarter ended June 30, 2023. Second Quarter Highlights (unaudited): ● Second quarter 2023 revenue of $14.5 million compared with $6.4 million in the second quarter of 2022. Reseller revenues were $10.6 million in the second quarter of 2023 compared to $0.8 million in the second quarter of”
TSS, Inc. shareholders approved Ratification of Independent Registered Public Accounting Firm at the 2023-06-08 meeting.
“The stockholders of the Company voted to ratify the appointment of Weaver Tidwell, L.L.P. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The final results of voting regarding this proposal were as follows: For Against Abstain 16,441,989 1,000 220,014”
TSS, Inc. shareholders approved Election of Class III Director at the 2023-06-08 meeting.
“The stockholders of the Company elected a Class III director to serve a three-year term expiring in 2026. The final results of voting regarding this proposal were as follows: Name For Withheld Broker Non-Votes Peter Woodward 12,258,164 1,025,692 3,379,147”
TSS, Inc. reported three months ended March 31, 2023 results: revenue 6.6 million, net income loss of 786,000, EPS loss of 0.04 per share.
“● First quarter 2023 revenue of $6.6 million compared with $5.2 million in the first quarter of 2022. Reseller revenues were $1.7 million in the first quarter of 2023 compared to $1.7 million in the first quarter of 2022. ● Gross margin of 26% in the first quarter of 2023 compared with 32% in the first quarter of 2022. ● Operating loss of $665,000 in the first quarter of 2023 compared to an operating loss of $173,000 in the first quarter of 2022. ● Net loss of $786,000 or $0.04 per share in the first quarter of 2023 compared to a net loss of $308,000 or $0.02 per share in the first quarter of 2022. ● Adjusted EBITDA loss of $438,000 in the first quarter of 2023 compared with Adjusted EBITDA of $43,000 in the first quarter of 2022.”
TSS, Inc. reported the fiscal year ended December 31, 2022 results: revenue 2022 revenue of $30.6 million, net income Net loss of $73,000, EPS $0.00 per share.
“Fiscal 2022 Highlights (unaudited): ● 2022 revenue of $30.6 million compared with $27.4 million in 2021. Reseller revenues were $13.2 million in 2022 compared to $14.7 million in 2021. ● Gross margin of 29% in 2022 compared to 23% in 2021. ● Operating income of $914,000 in 2022 compared to an operating loss of $831,000 in 2021. ● Net loss of $73,000 or $0.00 per share in 2022 compared to a net loss of $1,297,000 or $(0.07) per share in 2021. ● Adjusted EBITDA of $2,243,000 in 2022 compared with Adjusted EBITDA of $174,000 in 2021.”
TSS, Inc. reported the fourth quarter ended December 31, 2022 results: revenue Fourth quarter 2022 revenue of $10.9 million, net income Net loss of $1.1 million, EPS $0.05 per share.
“Fourth Quarter Highlights (unaudited): ● Fourth quarter 2022 revenue of $10.9 million compared with $14.6 million in the fourth quarter of 2021. Reseller revenues were $7.6 million in the fourth quarter of 2022 compared to $11.7 million in the fourth quarter of 2021. ● Gross margin of 18% in the fourth quarter of 2022 compared with 12% in the fourth quarter of 2021. ● Operating loss of $723,000 in the fourth quarter of 2022 compared to an operating loss of $100,000 in the fourth quarter of 2021. Included in the 2022 results are one-time costs of $581,000 associated with the change in chief executive officer during the fourth quarter. Operating costs beyond one-time costs were higher than expected in the period and are expected to normalize in 2023. ● Net loss of $1.1 million or $0.05 per share in the fourth quarter of 2022 compared to a net loss of $264,000 or $0.01 per share in the fourth quarter of 2021. ● Adjusted EBITDA of $90,000 in the fourth quarter of 2022 compared with Adjuste”
TSS, Inc. reported the nine months ended September 30, 2022 results: revenue $19.7 million, net income $1,068,000, EPS $0.05 per share.
“of $1,043,000 in the third quarter of 2022 compared with Adjusted EBITDA income of $476,000 in the third quarter of 2021. Year-to-date Highlights (unaudited): ● 2022 revenue of $19.7 million compared with $12.8 million in 2021. Reseller revenues were $5.6 million in 2022 compared to $3.0 million in 2021. ● Gross margin of 36% in 2022 and 2021. ● Operating income of”
TSS, Inc. reported the third quarter ended September 30, 2022 results: revenue $8.1 million, net income $605,000, EPS $0.03 per share.
“and technology services company, reported results for its third quarter ended September 30, 2022. Third Quarter Highlights (unaudited): ● Third quarter 2022 revenue of $8.1 million compared with $4.6 million in the third quarter of 2021. ● Gross margin of 34% in the third quarter of 2022 compared with 42% in the third quarter of 2021. ● Operating income of”
Anthony Angelini resigned as Director at TSS, Inc..
“Mr. Angelini has agreed to tender his resignation from the Company’s board of directors effective the earlier of December 31, 2022, or the date he ceases providing transition services to the Company.”
Anthony Angelini resigned as Chief Executive Officer at TSS, Inc..
“On November 14, 2022, the Company issued a press release announcing the appointment of Darryll Dewan as President and Chief Executive Officer of the Company, effective November 14, 2022, succeeding Anthony Angelini.”
Darryll Dewan was appointed as Director at TSS, Inc..
“Mr. Dewan has also been appointed to the Company’s board of directors.”
Darryll Dewan was appointed as President and Chief Executive Officer at TSS, Inc..
“On November 14, 2022, the Company issued a press release announcing the appointment of Darryll Dewan as President and Chief Executive Officer of the Company, effective November 14, 2022, succeeding Anthony Angelini.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.