Secures funding to expand operations and enhance power infrastructure in support of recently announced long-term customer agreement ROUND ROCK, TX / ACCESSWIRE / January 7, 2025 / TSS, Inc. (NASDAQ:TSSI), a leader in IT hardware and software integration for AI and high-performance computing, today announced it has closed on a $20 million credit facility with Texas-based Susser Bank to support capacity expansion required to meet accelerating demand for AI-enabled technologies. As previously announced, the company signed a long-term agreement to lease 212,793 square feet of space in the Georgetown Logistics Park located in Georgetown, Texas.
More than Doubles Space to almost 213,000 Square Feet and Expands Power Infrastructure to Support Multi-year Customer Agreement ROUND ROCK, TX / ACCESSWIRE / December 5, 2024 / TSS, Inc. (Nasdaq:TSSI), a data center services company that integrates AI and high-performance computing infrastructure and software today announced it has signed a multi-year agreement to lease 212,793 square feet of space in the Georgetown Logistics Park located in Georgetown, Texas. This agreement is part of the company's previously announced plan to relocate its headquarters and expand its factory to support expected AI integration growth.
TSSI delivers record Q3 results, with a 689% y/y revenue surge, driven by AI-enabled rack integration and procurement services.
TSS, Inc. (OTCQB:TSSI) Q3 2024 Earnings Conference Call November 14, 2024 5:00 PM ET Company Participants James Carbonara - Investor Relations, Hayden IR Darryll Dewan - President and Chief Executive Officer Danny Chism - Chief Financial Officer Conference Call Participants Kris Tuttle - Blue Caterpillar LLC Operator Greetings and welcome to the TSS, Inc. Third Quarter 2024 Financial Results Conference Call. At this time, all participants are in a listen-only mode.
Net Income Increases 1,166% to $2.6 Million; EPS of $0.10, Up from $0.01 Signs Multi-Year Agreement with Large Customer for AI Rack Integration Moving and Expanding Factory to Address Accelerating Demand for AI-Enabled Technologies Uplists to The Nasdaq Capital Market ROUND ROCK, TX / ACCESSWIRE / November 14, 2024 / TSS, Inc. (Nasdaq:TSSI), a data center services company that integrates AI and other high-performance computing infrastructure and software and provides related data center services, today reported results for its third quarter and nine-month period ended September 30, 2024. "We are pleased to report a dramatic increase in earnings in the third quarter, both sequentially and year-over-year," said Darryll Dewan, CEO of TSS.
ROUND ROCK, TX / ACCESSWIRE / November 12, 2024 / TSS, Inc. (OTCQB:TSSI), a leading data center services company in the AI and high-performance computing infrastructure and services market, today announced that its shares of common stock have been approved for listing to The Nasdaq Capital Market ("Nasdaq"). Trading on the exchange will commence effective with the open of business on November 14, 2024, under the Company's current ticker symbol, "TSSI.
ROUND ROCK, TX / ACCESSWIRE / November 5, 2024 / TSS, Inc. (OTCQB:TSSI), a leading data center services company in the AI and high-performance computing infrastructure and services market, today announced that Darryll Dewan, Chief Executive Officer and Danny Chism, Chief Financial Officer of TSS, Inc. will be attending the following upcoming conference: Event: 15th Annual Craig-Hallum Alpha Select Conference Date: November 19, 2024Location: Sheraton NY Times Square Hotel, New York, NYFormat: 1x1 Meetings For more information, please visit: Click Here About TSS, Inc. TSS specializes in simplifying the complex. The TSS mission is to streamline the integration and deployment of high-performance computing infrastructure and software, ensuring that end users quickly receive and efficiently utilize the necessary technology.
ROUND ROCK, TX / ACCESSWIRE / October 30, 2024 / TSS, Inc. (OTCQB:TSSI), a leading data center services company in the AI and high-performance computing infrastructure and services market, will report financial results for its third quarter 2024 on Thursday, November 14, 2024. The Company will conduct a conference call at 5:00 p.m.
Increasing facility capacity by more than 60% to a new facility Tripling capacity to test and validate direct liquid-cooled racks Power infrastructure to support racks using 3x-5x current power levels, enabling future tech roadmap New facility expected to begin operations in early 2025 to support new multiyear customer agreement ROUND ROCK, TX / ACCESSWIRE / October 24, 2024 / TSS, Inc. (OTCQB:TSSI), a data center services company that integrates AI and other high-performance computing infrastructure and software and provides related data center services, today announced it plans to relocate its headquarters and factory to a new location to support expected AI integration growth. "Based on our analysis of industry trends and the deepening of our relationship with one of our largest customers, we anticipate demand for our AI-enabled rack integration services will outpace our current capacity.
Presenting on Wednesday, October 30 ROUND ROCK, TX / ACCESSWIRE / October 16, 2024 / TSS, Inc. (OTCQB:TSSI), a leading data center services company in the AI and high-performance computing infrastructure and services market, today announced that Darryll Dewan, Chief Executive Officer, and Danny Chism, Chief Financial Officer, will be presenting at the LD Micro Main Event XVII. The conference is being held October 28-30, 2024 at the Luxe Sunset Boulevard Hotel in Los Angeles.
ROUND ROCK, TX / ACCESSWIRE / October 8, 2024 / TSS, Inc. (OTCQB:TSSI), a leading data center services company in the AI and high-performance computing infrastructure and services market, today announced the appointment of Mr. Michael Fahy as an independent member of the Company's board of directors.
Discover why Zacks rates TSSI as "Outperform," being the first on Wall Street to initiate the coverage of the stock. Explore how TSS is well-positioned for long-term success in the data center market despite customer concentration risks and rising inventory.