One Stop Systems, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 01:36 am IST
Share
One Stop Systems, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 17.21 million compared to USD 18.3 million a year ago. Net loss was USD 2.4 million compared to net income of USD 0.322822 million a year ago. Basic loss per share from continuing operations was USD 0.12 compared to basic earnings per share from continuing operations of USD 0.02 a year ago. Diluted loss per share from continuing operations was USD 0.12 compared to diluted earnings per share from continuing operations of USD 0.02 a year ago.
For the six months, sales was USD 33.99 million compared to USD 35.36 million a year ago. Net loss was USD 2.8 million compared to net income of USD 0.902056 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to basic earnings per share from continuing operations of USD 0.05 a year ago. Diluted loss per share from continuing operations was USD 0.14 compared to diluted earnings per share from continuing operations of USD 0.04 a year ago.
One Stop Systems, Inc. designs, manufactures, and markets specialized rugged high-performance compute (HPC), high-speed switch fabrics and storage systems, which are designed to target edge applications for artificial intelligence (AI) / machine learning, sensor processing, sensor fusion and autonomy. It offers specialized modules and systems that consist of computers, switch fabrics and storage products that incorporate components with embedded proprietary software. The Company operates through two segments: OSS design and manufactures high-performance customized computers and flash arrays, in-flight entertainment & connectivity. Bressner operates as a system integrator with standard and custom all-in-one hardware systems and components for many kinds of industrial environments. Its products include ruggedized servers, compute accelerators, flash storage arrays, and storage acceleration software. These specialized compact products are used across multiple industries and applications.
ONE STOP SYSTEMS, INC. 
