These are top 10 stocks traded on the Robinhood UK platform in July
TSS, Inc. (NASDAQ:TSSI), a management consulting services company based in Round Rock, Texas, with a market capitalization of $261.64 million, held its annual stockholder meeting on June 4, 2025. The company, which has seen remarkable growth with a 955% return over the past year according to InvestingPro, put forward five proposals to stockholders, according to a recent SEC filing.
The first proposal involved the election of Class II directors, Darryll Dewan and Michael Fahy, to serve a three-year term until 2028. Dewan received 6,700,735 votes in favor, with 351,515 votes withheld. Fahy garnered 6,910,739 votes in favor, with 141,511 votes withheld. Both candidates had 9,353,685 broker non-votes. The company’s strong leadership has overseen impressive revenue growth of 263% in the last twelve months.
The second proposal, an advisory vote on the compensation of Named Executive Officers, was approved with 6,255,161 votes for, 304,907 against, and 492,182 abstentions. There were 9,353,685 broker non-votes.
For the third proposal, stockholders chose to conduct future advisory votes on executive compensation every three years. The voting results were 4,490,506 for every three years, 327,812 for every two years, 1,928,491 for every one year, and 305,441 abstentions, with 9,353,685 broker non-votes.
The fourth proposal, which sought approval for the 2025 Omnibus Incentive Compensation Plan, passed with 5,813,906 votes in favor, 892,958 against, and 345,386 abstentions. There were 9,353,685 broker non-votes.
Lastly, the stockholders ratified the appointment of Weaver Tidwell L.L.P. as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. The proposal received 16,099,790 votes in favor, 248,877 against, and 57,268 abstentions.
These results were disclosed in an SEC Form 8-K filing.
In other recent news, TSS Inc . announced a remarkable financial performance for the first quarter of 2025, reporting a 523% year-over-year increase in revenue, reaching $99 million. The company’s earnings per share (EPS) improved significantly to $0.12 from breakeven the previous year, surpassing market expectations. TSS Inc. also expanded its AI rack integration capabilities and commenced operations at a new facility in Texas. This expansion is expected to support the company’s growth in the rapidly evolving AI infrastructure market. Additionally, the company anticipates a 50% increase in adjusted EBITDA for the full year 2025 compared to 2024.
TSS Inc.’s strong performance was driven by significant growth in its procurement services, which saw revenues grow by over 600% to more than $90 million. The company’s systems integration segment also experienced a substantial increase in revenue, highlighting the demand for AI-enabled infrastructure. During the earnings call, analysts inquired about potential margin pressures, which TSS Inc. addressed by emphasizing its strategic initiatives and market position. The company remains optimistic about its growth prospects, particularly as it continues to expand its service capabilities and explore new opportunities in the AI market.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.