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OSS Reports Record Q3 2018 Results, Revenue up 45%

November 8, 2018 4:05 PM EST

ESCONDIDO, Calif., Nov. 08, 2018 (GLOBE NEWSWIRE) -- OSS (NASDAQ: OSS), a leader in high-performance computing, reports results for the quarter ended September 30, 2018, provides guidance for Q4 of 2018 and full year 2019.

Q3 Financial & Operational Summary

Third quarter record revenue of $9.6 million, up 45% from the year-ago quarter.Revenue increase due to increased sales of military flash arrays, video display servers, new OEM design-ins and revenue contribution from recently acquired CDI inflight entertainment company.Outlook for revenue growth of 84% to 113% in the fourth quarter of 2018 vs. year-ago quarter.... More