Core Insights - One Stop Systems, Inc. (OSS) reported a quarterly loss of $0.30 per share, significantly worse than the Zacks Consensus Estimate of a loss of $0.04, marking an earnings surprise of -650% [1] - The company generated revenues of $13.7 million for the quarter ended September 2024, exceeding the Zacks Consensus Estimate by 3.02%, but slightly down from $13.75 million a year ago [2] - The stock has underperformed the market, gaining about 7.1% year-to-date compared to the S&P 500's gain of 21.2% [3] Financial Performance - Over the last four quarters, One Stop Systems has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2] - The current consensus EPS estimate for the upcoming quarter is $0.02 on revenues of $17.5 million, while for the current fiscal year, it is -$0.14 on revenues of $56.6 million [7] Industry Context - The Electronics - Miscellaneous Products industry, to which One Stop Systems belongs, is currently ranked in the top 23% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact One Stop Systems' stock performance [5] Future Outlook - The company's earnings outlook will be influenced by management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] - The current Zacks Rank for One Stop Systems is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6]

ESCONDIDO, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (OSS or the Company) (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, today announced Daniel Gabel has been appointed CFO, Treasurer, and Secretary, effective November 11, 2024. Gabel will succeed John Morrison, who has announced his retirement from OSS. Morrison has served as the Company’s CFO, Treasurer, and Secretary since Septem ...

ESCONDIDO, Calif., Oct. 23, 2024 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (“OSS” or the "Company") (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, announced today that the Company will release its third quarter 2024 financial results before the market opens on Wednesday, November 6, 2024. A webcast and conference call will be held that same day at 10:00 a.m. ET to review the Company’s results. Conference ...

Core Insights - One Stop Systems, Inc. (OSS) has entered into a Cooperative Research and Development Agreement (CRADA) with U.S. Special Operations Command to develop rugged edge AI/ML computing solutions aimed at enhancing the capabilities of the Hyper-Enabled Force mission [1][2][3] Group 1: Partnership and Objectives - The collaboration focuses on creating advanced, durable high-performance computing solutions that can efficiently process large amounts of data in extreme environments [2] - The initiative aims to improve situational awareness, decision-making, and operational capabilities of U.S. Special Operations Forces (SOF) by leveraging AI and ML technologies [2][3] Group 2: Strategic Importance - This partnership is part of OSS's multi-year strategy to expand its offerings and establish relationships across all branches of the U.S. Armed Forces, representing a significant component of its $1+ billion sales pipeline [3] - The agreement is expected to accelerate the adoption of enterprise-class architecture for AI/ML, sensor fusion, and autonomy applications within the U.S. Department of Defense [3] Group 3: Company Overview - OSS specializes in rugged Enterprise Class compute and storage products designed for demanding edge environments, enabling AI, sensor fusion, and autonomous capabilities [4][5] - The company's products include ruggedized servers, compute accelerators, and storage solutions, utilized across various industries including defense, autonomous trucking, and agriculture [5][6]

Core Insights - One Stop Systems, Inc. (OSS) is participating in the Lake Street Capital Markets' Best Ideas Growth "Big8" Conference on September 12, 2024, in New York City, with CEO Mike Knowles and CFO John Morrison attending [1][8] - The company specializes in rugged Enterprise Class compute solutions for AI, machine learning, and sensor processing at the Edge, catering to demanding environments [3][5] Company Overview - OSS designs and manufactures AI-enabled solutions that provide high-performance computing and storage products for harsh applications across various industries, including defense, autonomous trucking, and farming [3][4] - The product lineup includes ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software, addressing the entire AI workflow from data acquisition to deep learning [4][5] Market Position - OSS operates in the rapidly growing multi-billion-dollar edge computing market, focusing on delivering high-performance AI solutions that meet the challenges of extreme environments [5] - The company has achieved several industry firsts for its industrial OEM and government customers, highlighting its innovative capabilities in the sector [5]

Core Insights - One Stop Systems, Inc. has received an initial purchase order exceeding $500,000 from the U.S. Army, expected to be recognized in 2024, marking a new customer and platform win for the company [1][2]. Group 1: Purchase Order Details - The order will utilize the company's integrated hardware and storage software to support the U.S. Army's testing of threat detection systems and aircraft survivability systems for rotary-winged aircraft [2]. - OSS will provide rugged 3U Short Depth Servers (SDS) for high-speed airborne data recording, chosen for their proven performance in various deployments [2]. Group 2: Strategic Importance - The announcement reflects OSS's long-term success with Department of Defense platforms, indicating a multi-year funding opportunity based on current program requirements [3]. - The company aims to meet the rigorous demands of the Military and Aerospace industries with enterprise-class, standards-based platforms across multiple applications [3]. Group 3: Company Overview - One Stop Systems specializes in AI-enabled solutions for edge computing, designing and manufacturing rugged compute and storage products for challenging environments [4][6]. - The company's product offerings include ruggedized servers, compute accelerators, and storage solutions, utilized across various industries, including defense [5].

Core Insights - One Stop Systems, Inc. reported a quarterly loss of $0.09 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.05, marking an earnings surprise of -80% [1] - The company generated revenues of $13.2 million for the quarter ended June 2024, exceeding the Zacks Consensus Estimate by 1.55%, but down from $17.21 million in the same quarter last year [2] - The stock has underperformed the S&P 500, gaining about 0.5% year-to-date compared to the S&P 500's 9% increase [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.02 on revenues of $15.2 million, and for the current fiscal year, it is -$0.08 on revenues of $60.7 million [7] - The estimate revisions trend for One Stop Systems is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Electronics - Miscellaneous Products industry, to which One Stop Systems belongs, is currently ranked in the top 41% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Another company in the same industry, Greenland Technologies Holding Corporation, is expected to report a quarterly earnings of $0.03 per share, reflecting a year-over-year decline of 83.3% [9]

Core Viewpoint - One Stop Systems, Inc. (OSS) will release its second quarter 2024 financial results on August 8, 2024, followed by a conference call and webcast to discuss the results [1]. Company Overview - OSS is a leader in rugged Enterprise Class compute solutions for artificial intelligence (AI), machine learning (ML), and sensor processing at the edge [1][3]. - The company designs and manufactures products that enable rugged AI, sensor fusion, and autonomous capabilities, delivering data center performance in challenging environments [3][4]. Product Offerings - OSS products include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software, utilized across various industries such as autonomous trucking, farming, and defense [8]. - The company addresses the entire AI workflow, from high-speed data acquisition to deep learning and large-scale inference, achieving many industry firsts for industrial OEM and government customers [4]. Market Position - OSS operates in the rapidly growing multi-billion-dollar edge computing market, focusing on AI-enabled solutions that require high performance in demanding environments [9].

ESCONDIDO, Calif., July 25, 2024 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. ("OSS" or the "Company") (Nasdaq: OSS), a leader in rugged Enterprise Class compute for artificial intelligence (AI), machine learning (ML) and sensor processing at the edge, announced today that the Company will release its second quarter 2024 financial results after the market closes on Thursday, August 8, 2024. A webcast and conference call will be held that same day at 5:00 p.m. ET to review the Company's results. Conference Cal ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 (I.R.S. Employer Identification No.) 2235 Enterprise Street #110 Escondido, California 92029 (Address of principal executive offices including Zip Code OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ ...