TSS raises 2026 Adjusted EBITDA outlook as third-quarter revenue rises 20%
TSS reported third-quarter 2026 revenue of $50.1 million, up 20% from a year earlier, with net income of $1.1 million compared with a net loss of $1.5 million in the prior-year quarter. The company raised its 2026 Adjusted EBITDA outlook to a range of $21 million to $23 million, but nine-month revenue of $140.5 million was down 24% from the prior-year period.
Key points
- Q3 revenue $50.1 million, up 20%; Systems Integration revenue a record $16.1 million, up 75%
- Q3 net income $1.1 million, diluted EPS $0.04, versus a net loss of $1.5 million and diluted EPS of ($0.06) a year earlier
- 2026 Adjusted EBITDA outlook raised to $21 million to $23 million
- Nine-month revenue $140.5 million, down 24%, reflecting lower Procurement revenue
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.