I strongly condemn the latest violation of our airspace. A drone-missile exploded near the village of Crocmaz in southern Moldova.
This is a direct consequence of Russia’s war, and it endangers us all. The risk to human life in our region is real and growing. It must stop.
Today, OSS released Q2 earnings results. We delivered another strong quarter, with highlights including:
· Revenue up 62.3% YoY
· Highest quarterly bookings in OSS history ($15.1M)
· Full-year guidance raised
Get the full scoop on our Q2 results and where we're headed next: https://t.co/9HwNn64WBF
#OSS #EdgeAI #Innovation #DefenseTech #Autonomy #Growth
$OSS revenue increased by over 62% year-over-year and by nearly 16% quarter-over-quarter (from $8.07M to $9.35M).
Key takeaway: Growth is accelerating!
$OSS stock is seeing pre-market pressure following the Q2 release.
The algorithms are clearly misinterpreting the headline GAAP EPS drop of $(0.29)/share.
The context behind the GAAP headline loss is crucial:
The loss includes a one-time $6.25M legal settlement charge tied to a legacy commercial dispute from years ago.
Quote: "The one-time settlement does not constitute an admission of liability, is unrelated to the Company's current operations or growth programs and fully resolves the dispute."
The Clean Operational Picture: Removing this non-operational legacy charge, Non-GAAP net loss was just $(0.2M) ($(0.01)/share), nearly hitting breakeven and drastically improving YoY.
Looking past the accounting noise, top-line performance remains exceptional:
🔹 Q2 Revenue: $9.3M (+62.3% YoY growth), smashing analyst consensus ($8.5M) and internal targets.
🔹 Record Demand: Record bookings of $15.1M (1.6x book-to-bill).
🔹 Liquidity: Balance sheet remains pristine with $31.4M in cash & short-term investments.
Management officially raised full-year 2026 revenue growth guidance to 25% to 30% (up from 20-25%). However, given H1 revenue already reached $17.4M (+58.8% YoY growth), this revised target still appears overly conservative, especially considering H2 is historically the stronger half for defense obligations and execution.
This initial sell-off appears to be a classic "headline GAAP vs. operational reality" disconnect. The core engine is accelerating across every single underlying metric.
How are you viewing this initial price reaction ahead of the 10:00 AM ET call?
@JensenHuang This is huge. There is only one company that can make the hardware case for it that is $OSS ( earnings tomorrow ) which is a partner of @nvidia