One Stop Systems, Inc. (NASDAQ:OSS) is reporting third quarter financial results on Thursday 12th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, OSS is expected to report 3Q20 revenue of $ 12.30 million.
For the full year, analysts anticipate top line of $ 53.26 million.
Previous Quarter Performance
One Stop Systems, Inc. unveiled income for the second quarter of $ 0.01 per share, from the revenue of $ 11.62 million. The quarterly earnings decreased 83.33 percent while revenues contracted 21.96 percent compared with the same quarter last year.
Wall street analysts are predicting, OSS to report 2Q20 loss of $ 0.08 per share from revenue of $ 10.50 million. The bottom line results beat street analysts by $ 0.09 or 112.50 percent, at the same time, top line results outshined analysts by $ 1.12 million or 10.67 percent.
Stock Performance
Shares of One Stop Systems, Inc. traded low $ -0.05 or -2.08 percent on Wednesday, reaching $ 2.35 with volume of 66.00 thousand shares. One Stop Systems, Inc. has traded high as $ 2.42 and has cracked $ 2.31 on the downward trend
The closing price of $ 2.35, representing a 306.78 % increase from the 52 week low of $ 0.59 and a 23.57 % decrease over the 52 week high of $ 3.14.
The company has a market capital of $ 39.07 million and is part of the Technology sector and Computer Systems industry.
Conference Call
One Stop Systems, Inc. will be hosting a conference call at 5:00 PM eastern time on 12th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 1-800-430-8332 Toll Free, (United States) or 1-786-204-3966 Toll Number, and the passcode is 2953831 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.onestopsystems.com
One Stop Systems, Inc. designs, manufactures, and markets industrial grade computer systems and components that are based on industry standard computer architectures worldwide. The company offers graphical processing unit (GPU) appliances, which are high density and fully integrated computer clusters; GPU expansion that can add computing cores with teraflops of computing performance virtually to OEM server; flash storage and network appliances, which are networked storage appliances optimized for the environment and system software; flash storage arrays; servers; desktop computing appliances; and peripheral component interconnect expansion.