One Stop Systems, Inc. Provides Preliminary Revenue Guidance for the Fourth Quarter and Year Ended December 31, 2018
January 14, 2019 at 01:31 pm
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One Stop Systems, Inc. provided preliminary revenue guidance for the fourth quarter and year ended December 31, 2018. For the fourth quarter, the company expected record revenue of approximately $14 million, an increase of more than 100% compared to the fourth quarter of 2017.
For the full year 2018, the company expects record revenue of approximately $37 million, an increase of more than 30% over 2017, with organic revenue up more than 17%.
One Stop Systems, Inc. designs, manufactures, and markets specialized rugged high-performance compute (HPC), high-speed switch fabrics and storage systems, which are designed to target edge applications for artificial intelligence (AI) / machine learning, sensor processing, sensor fusion and autonomy. It offers specialized modules and systems that consist of computers, switch fabrics and storage products that incorporate components with embedded proprietary software. The Company operates through two segments: OSS design and manufactures high-performance customized computers and flash arrays, in-flight entertainment & connectivity. Bressner operates as a system integrator with standard and custom all-in-one hardware systems and components for many kinds of industrial environments. Its products include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software. These specialized compact products are used across multiple industries and applications.