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DATA Communications Management Corp - DCMDF STOCK NEWS

Welcome to our dedicated news page for DATA Communications Management (Ticker: DCMDF), a resource for investors and traders seeking the latest updates and insights on DATA Communications Management.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect DATA Communications Management's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of DATA Communications Management's position in the market.

Rhea-AI Summary
Data Communications Management Corp. (DCMDF) reports strong financial results for fiscal 2023 and Q4 2023, with significant revenue growth, increased gross profit, and improved Adjusted EBITDA. The company focuses on post-merger integration after acquiring Moore Canada (MCC) and aims for operational efficiencies and revenue growth in 2024.
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End-of-Day
-10.25%
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Rhea-AI Summary
DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) will announce its Fiscal 2023 and Q4 2023 results on March 19, 2024. The conference call and webcast will be held on March 20, 2024, with the President and CEO Richard Kellam and CFO James Lorimer presenting the results.
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Rhea-AI Summary
DATA Communications Management Corp. (DCMDF) has been named to the 2024 OTCQX Best 50, ranking fifth based on its 2023 performance. The company's President and CEO, Richard Kellam, highlighted the transformative year, including the acquisition of Moore Canada Corporation, which added significant scale to the business and generated interest from the capital markets. The OTCQX Best 50 ranking is based on one-year total return and average daily dollar volume growth, reflecting the company's strong performance in 2023.
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End-of-Day
2.93%
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Rhea-AI Summary
DATA Communications Management Corp. (DCMDF) has closed the sale and leaseback of its Trenton, Ontario facility, generating $9.0 million in gross proceeds and approximately $8.5 million in net proceeds. The company has used the funds to pay down acquisition-related financing, marking the completion of planned sale and leaseback of all three owned facilities acquired in April 2023.
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End-of-Day
-1.44%
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Rhea-AI Summary
DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) has closed the sale and leaseback of its Fergus, Ontario facility for gross proceeds of $6.75 million. Net proceeds were $6.5 million, utilized to repay $6.9 million of the $30 million term loan. The company plans to sell and leaseback its Trenton, Ontario facility, expecting net proceeds of approximately $8.7 million.
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DCM (TSX: DCM; OTCQX: DCMDF) reports Q3 2023 financial results, showing a 93.6% revenue increase to $122.7 million, 52.4% gross profit increase to $30.3 million, and 28.2% adjusted EBITDA increase to $11.8 million. Total net debt at quarter-end is $95.4 million, down 32% since the MCC acquisition. DCM raises expected merger synergies to $30-$35 million over the next 18-24 months.
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End-of-Day
0.48%
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DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) will announce its Third Quarter 2023 results on November 8, 2023. The Company will host a conference call and webcast on November 9, 2023, at 9:00 a.m. Eastern time. The full results will be posted on the Investor Relations page and on www.sedar.com.
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7.07%
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DCM surpasses milestone of planting one million trees worldwide through partnership with PrintReleaf
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2.61%
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2.4%
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DATA Communications Management Corp

OTC:DCMDF

DCMDF Rankings

DCMDF Stock Data

123.41M
37.09M
31.34%
6.92%
Commercial Printing (except Screen and Books)
Manufacturing
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Canada
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