Wed, Aug 14, 8:06 PM (153 days ago)
On August 14, 2024, TSS, Inc. reported its financial results for the second quarter and first half of the year, highlighting key performance metrics in a press release (Exhibit 99.1). The report includes non-GAAP financial measures, with reconciliations to GAAP figures provided, offering investors insight into the company's operational performance. A conference call to discuss these results is scheduled for the same day at 4:00 PM ET. The report also contains forward-looking statements regarding the company's future business and financial performance, emphasizing potential risks. These include reliance on a limited customer base, competition, supply chain challenges, labor market fluctuations, and the implementation of a new IT system. Additionally, the company acknowledges the uncertainties that could impact its ability to execute its strategic plans and maintain sufficient financial resources. Investors should consider these factors, as they may significantly affect TSS's future financial position and stock value. The information provided is not deemed "filed" under the Securities Exchange Act of 1934 and is subject to various regulatory disclosures.