Friday, August 12, 2022
One Stop Systems (OSS)
Another Record Revenue Quarter
One Stop Systems, Inc. (OSS) designs and manufactures innovative AI Transportable edge computing modules and systems, including ruggedized servers, compute accelerators, expansion systems, flash storage arrays, and Ion Accelerator™ SAN, NAS, and data recording software for AI workflows. These products are used for AI data set capture, training, and large-scale inference in the defense, oil and gas, mining, autonomous vehicles, and rugged entertainment applications. OSS utilizes the power of PCI Express, the latest GPU accelerators and NVMe storage to build award-winning systems, including many industry firsts, for industrial OEMs and government customers. The company enables AI on the Fly® by bringing AI datacenter performance to ‘the edge,’ especially on mobile platforms, and by addressing the entire AI workflow, from high-speed data acquisition to deep learning, training, and inference. OSS products are available directly or through global distributors. For more information, go to www.onestopsystems.com.
Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
2Q22 Results. One Stop Systems reported another record revenue quarter for 2Q22. Revenue of $18.3 million was up 23% y-o-y and above management’s $17.3 million guide. We had forecast $17.3 million. GAAP EPS of $0.02 per share versus $0.09 last year. Adjusted EPS of $0.04 per share versus $0.04 per share in 2Q21. We had forecast $0.03 and $0.05 respectively.
Disguise, Bressner Driving Results. Once again, OSS’s media and entertainment client, Disguise had a record revenue quarter for OSS, up 135% to $6.4 million, with strong virtual and large gathering revenues. Bressner revenue increased 31% y-o-y to $7.6 million, a record, driven by increased market share….
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.