OSS - Research - One Stop Systems Inc. (OSS) - Preliminary 4Q and FY2019 Revenues Top Expectations

Preliminary 2019 Revenues. OSS reported preliminary 2019 revenue of $58.3 million, above the high end of management's previous $58 million guidance and above our $56.9 million projection. This is a 57% increase over 2018 revenue. Fourth quarter 2019 revenue is projected to be a record $18.4 million. Full year results are expected to be released in March. We will update our models then.Growth Reflects Multiple Factors. The 2019 record growth reflects a combination of new design win revenue, acquisition related revenue, and ongoing growth at major customers. While acquisitions are always a wild card, we expect to see ongoing growth from major customers and design wins in 2020.Read More >>