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

One Stop Systems

08/08/2024 23:38

* One Stop Systems Inc  OSS.OQ  reported a quarterly
adjusted loss
of 9 cents​​ per share for the quarter ended in June, lower than
the same quarter last year, when the company reported EPS of -4
cents.  The mean expectation of three analysts for the quarter
was for a loss of 4 cents per share. Wall Street expected
results to range from -5 cents to -4 cents per share.
    * Revenue fell 23.3% to $13.20 million from a year ago;
analysts
expected $12.98 million. 
    * One Stop Systems Inc's reported EPS for the quarter was a
loss
of 11 cents​.
    * The company reported a quarterly loss of $2.34 million.
    * One Stop Systems Inc shares had fallen by 12.4% this
quarter and
gained 0.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 50%
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," 2
"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 $3.25 
This summary was machine generated from LSEG data August 8 at
10:38 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
 Jun. 30 2024      -0.04          -0.09          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