The Conversation (0)
- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Top Stocks
Top Resource Stocks
Top Tech Stocks
Top Life Science Stocks
Trending
Trending Articles
Trending Press Releases
Trending Companies
Trending Reports
Resource
Popular Lists
Investing Ideas
Outlook Reports
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
Investing Guides
Tech
Popular Lists
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
Investing Ideas
Outlook Reports
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
Investing Guides
Life Science
Popular Lists
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
Outlook Reports
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Investing Guides
One Stop Systems (NASDAQ:OSS), a company that provides specialized servers, high performance computer accelerators and flash storage arrays for sectors including deep learning, transportation, retail, AI and finance, announced fourth quarter and year-end financial results. Net revenue figures year-over-year increased 34 percent to 37 million in 2018. As quoted in the news release: “2018 was …
One Stop Systems (NASDAQ:OSS), a company that provides specialized servers, high performance computer accelerators and flash storage arrays for sectors including deep learning, transportation, retail, AI and finance, announced fourth quarter and year-end financial results. Net revenue figures year-over-year increased 34 percent to 37 million in 2018.
As quoted in the news release:
“2018 was a breakout year for OSS, driven by our successful IPO, tremendous organic customer growth, new application design wins, and strategic acquisitions,” said OSS president and CEO, Steve Cooper. “We ended the year with a revenue run-rate that was more than double over the previous year. Given our business model of repeat revenue from major OEM and military programs, this represents tremendous momentum going into 2019.
“We believe OSS is well positioned for the significant trends emerging within the specialized high-performance computing marketplace. Two of these trends include the shift in PCI-e from Gen 3 to Gen 4 and the emergence of ‘AI on the Fly’ applications. OSS has demonstrated the core capabilities necessary to excel in these areas and expects to remain on the forefront of both technologies.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.