By Katherine Hamilton
Shares of TSS fell after the company said its systems integration segment performed worse than expected.
The stock retreated 29% to $10.91 in after-hours trading Thursday. Shares were up 29% this year at the market close.
TSS, which provides integration services for data centers, said its systems integration business had lower-than-expected volume due to unforeseen operational requirements. TSS has implemented new procedures and is seeing higher volumes in the current quarter.
The segment's performance was disclosed as part of the TSS' results for the third quarter
The company swung to a loss of $1.5 million, or 6 cents a share, compared with a profit of $2.6 million, or 10 cents a share, the year before.
Revenue tumbled 40% to $41.9 million from the same period a year earlier.
TSS now expects adjusted earnings before interest, tax, depreciation and amortization to grow between 50% and 75%. It previously said it would be within that range or higher.
The government shutdown may impact pipeline orders at the end of the calendar year, the company said.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
November 13, 2025 18:15 ET (23:15 GMT)
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