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TSS Reports Second Quarter 2026 Financial Results

$TSSIPress releaseAug 13, 2026, 4:05 PM ETRead the release

TSS reported Q2 revenue of $35.1 million, down 20% year-over-year, reflecting a strategic exit from lower-margin procurement business in favor of higher-margin services. Gross profit increased 11% to $8.0 million, driven by a 46% surge in systems integration revenue to $13.9 million and an 84% jump in facilities management revenue.

Key figures

Eps
0.05
Revenue
35141000
Guidance
2026 Adjusted EBITDA expected at the upper end of $20 million to $22 million
Gross profit
8009000
Adjusted ebitda
4487000
Planned ai investment
17000000
Systems integration revenue
13880000

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.