How did TSSI's revenue and expenses shift in Q3 2024?

**TSSI's Q3 2024 financial performance shows significant improvements in revenue and profitability**, driven by strategic investments and operational enhancements: 1. **Revenue Growth**: TSSI's revenue for Q3 2024 was $7.3 million, reflecting a 42% year-over-year increase, although slightly below the analyst estimate of $7.39 million. This growth is a result of expanded market share and increased selling resources, indicating a strong market demand. 2. **Profitability Enhancements**: The company achieved a gross margin of 86% in Q3 2024, maintaining a high level of efficiency in production. Additionally, the net loss available to common stockholders was $2.4 million, an improvement from $1.4 million in the same quarter of the previous year, reflecting reduced operating losses ($8.7 million in Q3 2024 compared to $18.6 million in Q3 2023). 3. **Cash Position and Liquidity**: TSSI ended Q3 2024 with $11.3 million in cash and cash equivalents, with expectations of sufficient liquidity through 2025. This financial stability allows the company to invest in growth opportunities and maintain its operational foundation. 4. **Strategic Investments and Operational Improvements**: The company's focus on strategic investments in production capacity and operational cleanup has significantly enhanced its volume capacity for rack integration and decreased cycle times. These improvements are crucial for meeting the growing demand for AI and high-performance computing infrastructure. In conclusion, TSSI's Q3 2024 financial results demonstrate robust growth and profitability, underpinned by strategic investments and operational efficiencies. The company's strong cash position and liquidity provide a solid foundation for continued growth and innovation in the AI and high-performance computing markets.