One Stop Systems, Inc. (NASDAQ:OSS) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET

Company Participants

Mike Knowles - President and Chief Executive Officer

Conference Call Participants

Brian Kinstlinger - Alliance Global Partners
Scott Searle - ROTH Capital Partners
Eric Martinuzzi - Lake Street Capital

Operator

Good day and welcome to the One Stop Systems Third Quarter 2024 Conference Call and Webcast. At this time, all participants are in a listen-only mode. Later you will have the opportunity to ask questions during the question-and-answer session. As a reminder, this conference is being recorded.

As part of the discussion today, the representatives from OSS will be making certain forward-looking statements regarding the company's future financial and operating results as well as their business plans, objectives and expectations. These statements are based on the company's current beliefs and expectations and should not be regarded as a representation by OSS that any of its plans or expectations will be achieved.

Please be advised that these forward-looking statements are covered under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. And that OSS desires to avail itself of protections of the Safe Harbor for these statements.

Please also be advised that actual results could differ materially from those stated or implied by the forward-looking statements due to certain risks and uncertainties including those described in the company's most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q and recent press releases.

Please read these reports and other future filings that OSS will make with the SEC. OSS disclaims any duty to update or revise its forward-looking statements except as required by the applicable law.

It is now my pleasure to turn the conference over to OSS President and CEO, Mr. Mike Knowles. Please go ahead, sir.

Mike Knowles

Thank you, Vincent. Good afternoon, everyone, and thank you for joining today's call.

The growth strategies we are pursuing to take advantage of large, high-growth and higher-margin market opportunities are taking hold and positive momentum is growing within our OSS segment. Higher OSS segment revenue helped offset continued softness in our Bressner segment, which remained impacted by sluggish economic activity in European market.

With year-to-date orders well in excess of revenue in our OSS segment, we believe that we are well positioned for sustainable revenue growth. We remain focused on converting our $1 billion plus pipeline to sales and pursuing a greater number of customer-funded development projects.