TSS

TSSI.US experienced a single-session selloff during regular trading, closing at ET 14:47 at $11.305, down 4.07% from the prior close of $11.78, after hitting an intraday high of $12.315 and a low of $11.180. The decline was primarily driven by a disappointing Q1 earnings release: revenue plunged 44.07% YoY to $55.346 million, net profit fell 23.6% to $2.276 million, and the net profit margin collapsed from 19.96% in Q4 to 4.11%, though EPS of $0.08 remained barely positive. While management outlined a FY2026 adjusted EBITDA outlook of $20M-$22M and disclosed a roughly $17M AI rack CapEx build during the earnings call, the market focused on the sharp deterioration in profitability, pushing the stock below both its MA20 ($12.556) and MA60 ($13.423). The price now sits 64.36% below its 52-week high of $31.72, yet still holds a YTD gain of 47.01%.