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One Stop Systems Inc. (OSS)
Can the Good Times Continue in 2020?
One Stop Systems Inc is US-based company which is principally engaged in designing, manufacturing, marketing high-end systems for high performance computing (HPC) applications. The company offers custom servers, compute accelerators, solid-state storage arrays and system expansion systems. The product line of the company includes GPU Appliances, GPU Expansion, GPUs and co-processors, Flash storage arrays, Flash storage expansion, Servers, Disk Arrays, Desktop computing appliances, accessories and parts. The company delivers high-end technology to customers through the sale of equipment and software for use on their premises or through remote cloud access to secure data centres housing technology.
Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Solid 4Q19. As advertised, OSS reported a solid 4Q with revenue up 28% to a record $18.4 million. EPS came in at $0.06 versus a loss of $0.01 in 4Q18. Adjusted EPS totaled $0.07 versus $0.09. FY19 revenue came in at $58.3 million, with organic revenue rising 12%. Gross margin improved to 33.3% from 30.6%. FY adjusted EPS was $0.14 versus $0.10 in 2018.
Coronavirus Impact. OSS's activity and business remains solid for the most part, although the Company is monitoring some potential softening from customers, such as Disguise, that have been impacted by the virus. The government business remains a bright spot and many of the design wins from last year continue to move forward. The Company currently has 20 proposals outstanding, each valued at over...
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.