TSS Inc(US:TSSI)2025-08-06 20:02Financial Performance - TSS reported second quarter 2025 revenue of $44.0 million, representing a 262% increase year-over-year[3] - Adjusted EBITDA for the second quarter 2025 was $4.0 million, up 103% compared to the same period in 2024[6] - Procurement revenues reached $33.0 million, a significant increase of 572% year-over-year[6] - Systems Integration revenues grew by 91% to $9.5 million in the second quarter 2025[6] - TSS raised its full-year 2025 Adjusted EBITDA outlook from at least 50% growth to at least 75% growth compared to 2024[8] - Net income for the second quarter 2025 was $1.5 million, reflecting a slight increase from the previous year[6] - Total revenue for the first half of 2025 exceeded total revenue for the second half of 2024, indicating strong operational execution[3] Operational Developments - The Georgetown facility is now fully operational, enhancing the company's ability to integrate advanced AI technologies[3] - The company is positioned to scale capacity and address complexity to meet the growing demand for AI-driven systems[4] Revenue Challenges - Facilities Management revenues decreased by 35% to $1.5 million, although there was a sequential increase from Q1 2025[6]