TSS (NASDAQ:TSSI) Posts Quarterly Earnings Results

TSS (NASDAQ:TSSI - Get Free Report) announced its earnings results on Thursday. The company reported $0.08 EPS for the quarter, Zacks reports. TSS had a net margin of 3.59% and a return on equity of 87.89%. The business had revenue of $50.03 million during the quarter.

TSS Stock Down 4.8 %

Shares of NASDAQ TSSI traded down $0.40 during trading hours on Monday, hitting $7.85. 1,792,949 shares of the stock were exchanged, compared to its average volume of 1,199,811. TSS has a 12 month low of $0.48 and a 12 month high of $18.26. The firm has a fifty day moving average price of $11.92 and a 200-day moving average price of $9.88. The company has a market cap of $187.45 million, a PE ratio of 43.61 and a beta of 0.79.

Hedge Funds Weigh In On TSS

An institutional investor recently bought a new position in TSS stock. Bank of America Corp DE acquired a new position in TSS, Inc. (NASDAQ:TSSI - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,377 shares of the company's stock, valued at approximately $40,000.

About TSS

TSS, Inc offers planning, design, engineering, construction management, commissioning and maintenance services. It provides these services primarily for specialized facilities such as data centers, communications rooms, call centers, laboratories, trading floors, network operations centers, medical facilities and similar environments.