TSS Inc (TSSI) News & EventsTSSINews & EventsTSS Inc

TSS Appoints Matt Wallace as Chief Strategy Officer

TSS, Inc.announced the appointments of Matt Wallace as Chief Strategy Officer and David Hull as Chief Technology Officer. Wallace joins TSS following a distinguished 13-year tenure at Dell Technologies, where he most recently served as Vice President of Corporate Strategy & Market Intelligence. Hull is a senior technology and engineering leader with nearly 29 years at Dell Technologies, where he most recently served as Senior Director, CTO Technology Strategy.

Dewan Expects Record Growth in Systems Integration Business by 2026

Dewan concluded "Our integration experience and strategic operational investments uniquely position us to achieve record growth in our Systems Integration business in 2026. Our largest partner anticipates doubling its AI infrastructure business in 2026 compared to last year, and we expect to capture our fair share of this growth, doubling our rack integration volumes and driving strong revenue growth in this segment. Combined with a more conservative outlook for our Procurement and Facilities Management businesses, we expect to achieve Adjusted EBITDA in the range of $20 million to $22 million for 2026. Our ability to deliver completed racks depends on supply of components and our forecast takes a conservative view on component availability. Total integration demand exceeds the volume imputed into our forecast."

TSS, Inc. Reports Q4 Revenue Up 22% to $60.9M

Reports Q4 revenue $60.9M, up 22%. "We are pleased to have surpassed the upper end of our outlook for 2025," said Darryll Dewan, CEO of TSS, Inc. "Systems integration rack volumes at our new Georgetown facility came online mid-year and ramped in the fourth quarter, positioning the company for solid growth in 2026. Our business, providing high-performance computing solutions to global leaders in the AI and cloud infrastructure ecosystem, is scaling profitably. As customer requirements evolve, we continue to invest in our systems, processes, and people to improve efficiency. The market for AI infrastructure continues to accelerate, as reflected in publicly disclosed forecasts of industry analysts and corporate reports. Importantly, as AI chip functionality improves, the additional size, complexity and cooling requirements of racks play to our strengths, capabilities and capacities. Supply chains continue to be volatile, as noted in the highly publicized memory price increases and volume shortages. We have taken a conservative approach to forecasting 2026 rack integration volumes, and we are already seeing customer activity beyond our initial forecasts."