TSS, Inc. Revises Earnings Guidance for the Year 2022
August 15, 2022 at 09:30 pm
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TSS, Inc. revised earnings guidance for the year 2022. On May call, the company announced that outlook for the year was revenue in the mid to high $20 million range. Now the company believe the revenue to be in the higher level of that guidance, if not potentially above that level, depending on the type of reseller deals at close, albeit gross or net deals, and the company believe that the company can achieve higher with EPS closing closer to $0.08 to $0.10 for the year.
TSS, Inc. is a data center services company that integrates high-performance computing infrastructure and software. The Company's segments include facilities, and systems integration. Facilities segment is involved in the design, project management and maintenance of data center and mission-critical business operations. Systems integration segment integrates information technology (IT) equipment for original equipment manufacturer vendors and customers to be used inside data center environments, including modular data centers. Its services include rack and systems integration, configuration services, data center and modular data center facility management integrations, deployment and maintenance services, strategic procurement services, project management and technology consulting, design and engineering services. Its IT solutions can be deployed in a variety of physical settings such as data centers, co-location facilities, server rooms, modular or edge-based solutions and others.