OSS Reports 2017 Results: Net Revenue up 46% to Record $27.5 Million, Provides Guidance for 2018
One Stop Systems, Inc. (OSS)
Last one stop systems, inc. earnings: 3/26 04:01 pm
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US:NASDAQ Investor Relations:
onestopsystems.com/investors
Company Research
Source: GlobeNewswire
ESCONDIDO, Calif., March 21, 2018 (GLOBE NEWSWIRE) -- OSS (NASDAQ:OSS), a leading provider of high performance computing systems, reported results for the year ended December 31, 2017 and provided guidance for 2018 revenue growth. Financial Highlights Net revenue increased 46% to a record $27.5 million.Gross margin improved 230 basis points to 31.5%.Net income totaled $96,620 or $0.01 per diluted share.Adjusted EBITDA increased 134% to $979,138. Operational Highlights Launched the SkyScale cloud services business to provide multi-GPU high performance computing in the cloud. Acquired Western Digital’s Ion flash storage software, including the rights to develop derivative products. OSS hired the Ion software development team members and established a new software design center. Western Digital also engaged OSS to service its existing Ion customers.Appointed John Morrison as chief financial officer, who brings more than 30 years of experience in managing high-tech, high growth comp
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News
- OSS to Design and Manufacture New Video Concentrator for U.S. Army 360-Degree Visualization Systems Using the Leading GPU Platform for Embedded Applications [Yahoo! Finance]Yahoo! Finance
- OSS to Design and Manufacture New Video Concentrator for U.S. Army 360-Degree Visualization Systems Using the Leading GPU Platform for Embedded ApplicationsGlobeNewswire
- OSS to Develop Ruggedized Liquid Cooling for a Commercial Autonomous Truck Customer [Yahoo! Finance]Yahoo! Finance
- OSS to Develop Ruggedized Liquid Cooling for a Commercial Autonomous Truck CustomerGlobeNewswire
- One Stop Systems, Inc. (NASDAQ: OSS) had its price target raised by analysts at Benchmark Co. from $3.00 to $5.00. They now have a "buy" rating on the stock.MarketBeat
OSS
Earnings
- 3/21/24 - Beat
OSS
Sec Filings
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- 3/21/24 - Form 10-K
- OSS's page on the SEC website