One Stop Systems, Inc. (Nasdaq: OSS), a leader in AI Transportable compute and storage solutions at the edge, was invited to ring the Nasdaq Stock Market Closing Bell on Thursday, December 22, to commemorate the five-year anniversary of the company's IPO.
The ceremony was streamed online beginning at approximately 3:52 p.m. Eastern time. Following an introduction by Nasdaq, David Raun, president and CEO of OSS, spoke and then rang the bell at 4:00 p.m., along with other members of the OSS team. The bell ringing was broadcasted live across major business news networks, including CNBC, Fox Business News and Bloomberg TV, as well as on the Nasdaq Tower in the heart of Times Square. Starting at 3:30 p.m., the online stream presented a view of the Nasdaq Tower with the OSS logo and trading symbol displayed until the event begins. A replay of the event is available here.
"This milestone event will celebrate the tremendous progress we've made as a Nasdaq-listed company, and particularly our evolution from a provider of high-performance compute systems into a global leader in the design and manufacturing of rugged AI Transportable solutions for the demanding 'edge,'" stated Raun.
"Our AI Transportable business has seen strong growth over the past year, including major wins for military and autonomous trucking applications. These programs keep us on track for another record year in 2022, with strong momentum heading into the new year."
OSS recently reported record Q3 2022 results, with revenue up 18% to a record $18.8 million and non-GAAP EPS of $0.03. For Q4 2022, the company expects revenue of approximately $19.2 million, up 8% compared to Q4 2021, and record annual revenue for 2022, of approximately $73.4 million, up 18%.