One Stop Systems Inc reports results for the quarter ended in January - Earnings Summary

One Stop Systems

10/05/2024 24:21

* One Stop Systems Inc  OSS.OQ  reported a quarterly
adjusted loss
of 4 cents​​ per share for the quarter ended in January, lower
than the same quarter last year, when the company reported
breakeven earnings per share.  The mean expectation of
four analysts for the quarter was for a loss of 5 cents per
share. Wall Street expected results to range from -5 cents to -4
cents per share.
    * Revenue fell 24.6% to $12.65 million from a year ago;
analysts
expected $12.50 million. 
    * One Stop Systems Inc's reported EPS for the quarter was a
loss
of 6 cents​.
    * The company reported a quarterly loss of $1.34 million.
    * One Stop Systems Inc shares had fallen by 11.3% this
quarter and
gained 37.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 16.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the computer
hardware
peer group is also "hold"

Wall Street's median 12-month price target for One Stop Systems
Inc is $4.38 
This summary was machine generated from LSEG data May 9 at 11:21
p.m. UTC. ​All figures in US dollars unless otherwise stated.
(For questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      -0.05          -0.04          Beat
 Dec. 31 2023      -0.04          0.01           Beat
 Sep. 30 2023      -0.05          -0.03          Beat
 Jun. 30 2023      0.02           -0.04          Missed