One Stop Systems (NASDAQ:OSS) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

One Stop Systems (NASDAQ:OSS) announced its quarterly earnings results on Thursday. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.01, Fidelity Earnings reports. The company had revenue of $14.94 million for the quarter, compared to analyst estimates of $14.70 million. One Stop Systems had a negative net margin of 2.82% and a positive return on equity of 6.39%.

NASDAQ:OSS traded up $0.12 during mid-day trading on Friday, hitting $2.50. 80,300 shares of the company’s stock were exchanged, compared to its average volume of 129,933. The firm has a market capitalization of $36.62 million, a P/E ratio of 41.67 and a beta of 2.25. The company has a 50 day simple moving average of $2.63 and a 200-day simple moving average of $2.15. The company has a current ratio of 1.84, a quick ratio of 1.13 and a debt-to-equity ratio of 0.04. One Stop Systems has a fifty-two week low of $1.35 and a fifty-two week high of $3.90.

In other One Stop Systems news, insider James M. Reardon sold 64,132 shares of the business’s stock in a transaction on Monday, August 12th. The shares were sold at an average price of $1.69, for a total transaction of $108,383.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 38.00% of the company’s stock.

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OSS has been the topic of several research reports. Zacks Investment Research raised shares of One Stop Systems from a “sell” rating to a “hold” rating in a report on Thursday, October 17th. ValuEngine upgraded shares of One Stop Systems from a “hold” rating to a “buy” rating in a research report on Wednesday, September 4th. Noble Financial set a $4.00 target price on shares of One Stop Systems and gave the stock a “buy” rating in a research report on Friday, August 9th. Benchmark started coverage on shares of One Stop Systems in a research report on Tuesday, August 6th. They set a “buy” rating and a $3.50 target price on the stock. Finally, TheStreet upgraded shares of One Stop Systems from a “d+” rating to a “c” rating in a research report on Monday, September 30th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. One Stop Systems presently has a consensus rating of “Buy” and a consensus price target of $3.75.

One Stop Systems Company Profile

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 custom built servers; graphical processing unit compute accelerators; flash arrays; peripheral component interconnect expansion products and adaptors; storage management software; and infrastructure as a service solutions.

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Earnings History for One Stop Systems (NASDAQ:OSS)

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