Round rock

TSS, Inc. Reports First Quarter 2021 Results

Retrieved on: 
Monday, May 17, 2021
Earnings before interest, taxes, depreciation and amortization, Fundamental analysis, Private equity, Profit, Du, Electronic Arts, Finance, Financial markets, Video game companies

b"ROUND ROCK, Texas, May 17, 2021 (GLOBE NEWSWIRE) -- TSS, Inc. (Other OTC: TSSI), a data center facilities and technology services company, reported results for its first quarter ended March 31, 2021.\nFirst quarter 2021 revenue of $5.2 million compared with $10.6 million in the first quarter of 2020.

Key Points: 
  • b"ROUND ROCK, Texas, May 17, 2021 (GLOBE NEWSWIRE) -- TSS, Inc. (Other OTC: TSSI), a data center facilities and technology services company, reported results for its first quarter ended March 31, 2021.\nFirst quarter 2021 revenue of $5.2 million compared with $10.6 million in the first quarter of 2020.
  • Reseller revenues were $2.2 million in the first quarter of 2021 compared with $6.8 million in the first quarter of 2020.\nGross margin of 25% in the first quarter of 2021 compared with 15% in the first quarter of 2020.\nOperating loss of $607,000 in the first quarter of 2021 compared to operating loss of $277,000 in the first quarter of 2020.\nNet loss of $699,000 or $0.04 per share in the first quarter of 2021 compared to net loss of $368,000 or $0.02 per share in the first quarter of 2020.\nAdjusted EBITDA loss of $334,000 in the first quarter of 2021 compared with Adjusted EBITDA loss of $49,000 in the first quarter of 2020.\n\xe2\x80\x9cWe continue to see fluctuations in our revenue and profitability quarter to quarter.
  • Our expectation is the delivery of these opportunities will result in significant positive results in the second half of the year and into next year.\xe2\x80\x9d\nThe Company has scheduled a conference call to discuss the first quarter 2021 financial results for Monday, May 17, 2021 at 4:30 PM Eastern.
  • These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements.

TSS, INC. TO REPORT FIRST QUARTER 2021 RESULTS ON MONDAY, MAY 17th, 2021

Retrieved on: 
Monday, May 10, 2021
TSS, Temporal single-system interpretation, Procurement, Conference call, Software, Computing, Articles

b"ROUND ROCK, Texas, May 10, 2021 (GLOBE NEWSWIRE) -- TSS, Inc. (Other OTC: TSSI), a data center and mission critical facilities and technology services company, will report financial results for its first quarter 2021 on Monday May 17, 2021.

Key Points: 
  • b"ROUND ROCK, Texas, May 10, 2021 (GLOBE NEWSWIRE) -- TSS, Inc. (Other OTC: TSSI), a data center and mission critical facilities and technology services company, will report financial results for its first quarter 2021 on Monday May 17, 2021.
  • The Company will conduct a conference call at 4.30 p.m. eastern time that day.\nTo participate on the conference call, please dial 1-877-691-2551 toll free from the U.S., or 1-630-691-2747 for international callers.
  • The audio replay can be accessed at the following url:\nThe passcode to access the digital playback is 50133012.
  • TSS\xe2\x80\x99s services consist of technology consulting, design and engineering, project management, systems integration, systems installation, facilities management and IT reseller and procurement services.

TSS, INC. ANNOUNCES CHANGES TO BOARD OF DIRECTORS

Retrieved on: 
Friday, April 30, 2021
TSS

b'ROUND ROCK, Texas, April 30, 2021 (GLOBE NEWSWIRE) -- TSS, Inc. (Other OTC: TSSI), a data center and mission critical facilities and technology services company, today announced a number of changes to its Board of Directors.\nOn April 27, 2021, the Board of Directors appointed Richard M. Metzler to the Board of Directors.

Key Points: 
  • b'ROUND ROCK, Texas, April 30, 2021 (GLOBE NEWSWIRE) -- TSS, Inc. (Other OTC: TSSI), a data center and mission critical facilities and technology services company, today announced a number of changes to its Board of Directors.\nOn April 27, 2021, the Board of Directors appointed Richard M. Metzler to the Board of Directors.
  • \xe2\x80\x9cI look forward to working alongside my fellow board members and company management to advance the evolution of TSS\xe2\x80\x99s business model.
  • Daniel J. Phelps resigned from the Board of Directors effective as of April 26, 2021.
  • Mr. Gallagher has served as a member of the Company\xe2\x80\x99s board of directors since 2007.

TSS, Inc. Reports Fourth Quarter and Fiscal 2020 Results

Retrieved on: 
Monday, March 29, 2021

Fourth quarter 2020 revenue of $7.2 million compared with $20.4 million in the fourth quarter of 2019 and $20.8 million in the third quarter of 2020.

Key Points: 
  • Fourth quarter 2020 revenue of $7.2 million compared with $20.4 million in the fourth quarter of 2019 and $20.8 million in the third quarter of 2020.
  • Revenues from procurement and reseller services were $3.1 million in the fourth quarter of 2020 compared with $17.0 million in the fourth quarter of 2019 and $15.8 million in the third quarter of 2020.
  • Gross margin of 23% in the fourth quarter of 2020 compared with 10% in the fourth quarter of 2019 and 13% in the third quarter of 2020.
  • Operating loss of $140,000 in the fourth quarter of 2020 compared to operating income of $440,000 in the fourth quarter of 2019.

TSS, INC. TO REPORT FOURTH QUARTER AND FISCAL 2020 RESULTS ON MONDAY, MARCH 29th, 2021

Retrieved on: 
Tuesday, March 23, 2021
Telephone numbers, Toll-free telephone number, Temporal single-system interpretation, Conference call

Round Rock, TX., March 23, 2021 (GLOBE NEWSWIRE) -- TSS, Inc. (Other OTC: TSSI), a data center and mission critical facilities and technology services company, will report financial results for its fourth quarter and fiscal 2020 on Monday March 29, 2021.

Key Points: 
  • Round Rock, TX., March 23, 2021 (GLOBE NEWSWIRE) -- TSS, Inc. (Other OTC: TSSI), a data center and mission critical facilities and technology services company, will report financial results for its fourth quarter and fiscal 2020 on Monday March 29, 2021.
  • The Company will conduct a conference call at 4.30 p.m. eastern time that day.
  • To participate on the conference call, please dial 1-877-691-2551 toll free from the U.S., or 1-630-691-2747 for international callers.
  • The audio replay can be accessed at the following url:
    The passcode to access the digital playback is 50133012.

AYRO to Participate on EV Panel at Benzinga’s Global SmallCap Conference and Present to Investors on December 8-9, 2020

Retrieved on: 
Friday, December 4, 2020
Electric vehicle, Sustainable transport

AUSTIN, Texas, Dec. 04, 2020 (GLOBE NEWSWIRE) -- AYRO, Inc. (Nasdaq: AYRO) (AYRO or the Company), a manufacturer of light-duty, urban, and short-haul electric vehicles (EVs), today announces that management will participate in the Benzinga Global SmallCap Conference on December 8-9, 2020.

Key Points: 
  • AUSTIN, Texas, Dec. 04, 2020 (GLOBE NEWSWIRE) -- AYRO, Inc. (Nasdaq: AYRO) (AYRO or the Company), a manufacturer of light-duty, urban, and short-haul electric vehicles (EVs), today announces that management will participate in the Benzinga Global SmallCap Conference on December 8-9, 2020.
  • ET on December 8, 2020 and participate on the EV Panel being held on December 9, 2020 at 2:35 p.m.
  • Investors can register for the conference for free in order to gain access to the full conference agenda and listen to the presentation and EV Panel: https://events.benzinga.com/registration-page .
  • With rapid, customizable deployments that meet specific buyer needs, AYROs agile EVs are an eco-friendly microdistribution alternative to gasoline vehicles.

AYRO Closes $10.0 Million Registered Direct Offering

Retrieved on: 
Tuesday, November 24, 2020
Automotive industry, Wanxiang, Karma Automotive, GlobeNewswire, Motor vehicles, Transport

AUSTIN, Texas, Nov. 24, 2020 (GLOBE NEWSWIRE) -- AYRO, Inc. (Nasdaq: AYRO) (AYRO or the Company),a manufacturer of light-duty, urban, and short-haul electric vehicles (EVs), today announces the closing of its previously announced registered direct offering for an aggregate of $10 million in gross proceeds with Carnegie Hudson Resources, an investment arm of Wanxiang America, along with several existing institutional investors.

Key Points: 
  • AUSTIN, Texas, Nov. 24, 2020 (GLOBE NEWSWIRE) -- AYRO, Inc. (Nasdaq: AYRO) (AYRO or the Company),a manufacturer of light-duty, urban, and short-haul electric vehicles (EVs), today announces the closing of its previously announced registered direct offering for an aggregate of $10 million in gross proceeds with Carnegie Hudson Resources, an investment arm of Wanxiang America, along with several existing institutional investors.
  • The Karma Automotive Innovation and Customization Center (KICC) recently signed a strategic manufacturing, engineering, and design partnership with AYRO.
  • We are thrilled with the strategic investment in AYRO by CHR Capital, an investment arm of Wanxiang America.
  • This important investment should help AYRO accelerate our mission to provide next generation, purpose-built EV solutions designed for the urban, last-mile, and food delivery markets.

AYRO Announces $10.0 Million Registered Direct Offering Priced At-the-Market under Nasdaq Rules

Retrieved on: 
Monday, November 23, 2020
Financial markets, Finance, Stock market, Financial economics, Corporate finance, Economy of New York City, NASDAQ, Stock

Terms of the offering include the sale of approximately 1,650,165 shares of the Companys common stock, at a purchase price of $6.06 per share, in a registered direct offering priced at-the-market under Nasdaq rules.

Key Points: 
  • Terms of the offering include the sale of approximately 1,650,165 shares of the Companys common stock, at a purchase price of $6.06 per share, in a registered direct offering priced at-the-market under Nasdaq rules.
  • The closing of the offering is expected to occur on or about November 24, 2020, subject to the satisfaction of customary closing conditions.
  • The gross proceeds to AYRO from this offering are expected to be approximately $10.0 million, before deducting placement agent fees and other offering expenses.
  • The Company intends to use the net proceeds from this offering for manufacturing, production, operations, product portfolio market expansion, and general working capital.

TSS, Inc. Reports Third Quarter 2020 Results

Retrieved on: 
Monday, November 16, 2020

Third quarter 2020 revenue of $20.8 million compared with $4.2 million in the third quarter of 2019 and $6.5 million in the second quarter of 2020.

Key Points: 
  • Third quarter 2020 revenue of $20.8 million compared with $4.2 million in the third quarter of 2019 and $6.5 million in the second quarter of 2020.
  • Gross margin of 13% in the third quarter of 2020 compared with 36% in the third quarter of 2019 and 12% in the second quarter of 2020.
  • Operating income of $966,000 in the third quarter of 2020 compared with operating loss of $12,000 in the third quarter of 2019.
  • The Company has scheduled a conference call to discuss the third quarter 2020 financial results for Monday, November 16, 2020 at 4:30 PM Eastern.

TSS, INC. TO REPORT THIRD QUARTER 2020 RESULTS ON MONDAY, NOVEMBER 16th, 2020

Retrieved on: 
Monday, November 9, 2020
Temporal single-system interpretation, Toll-free telephone number, TSS

Round Rock, TX, Nov. 09, 2020 (GLOBE NEWSWIRE) -- TSS, Inc. (Other OTC: TSSI), a data center and mission critical facilities and technology services company, will report financial results for its third quarter of 2020 on Monday November 16, 2020.

Key Points: 
  • Round Rock, TX, Nov. 09, 2020 (GLOBE NEWSWIRE) -- TSS, Inc. (Other OTC: TSSI), a data center and mission critical facilities and technology services company, will report financial results for its third quarter of 2020 on Monday November 16, 2020.
  • To participate on the conference call, please dial 1-877-691-2551 toll free from the U.S., or 1-630-691-2747 for international callers.
  • The audio replay can be accessed at the following url:
    The passcode to access the digital playback is 50006509.
  • TSSs services consist of technology consulting, design and engineering, project management, systems integration, systems installation, facilities management and IT reseller services.