Welcome to our dedicated page for Data Communicati news (Ticker: DCMDF), a resource for investors and traders seeking the latest updates and insights on Data Communicati stock.
Data Communicati (OTC: DCMDF) provides essential updates through this dedicated news hub for investors and industry professionals. Track official announcements covering strategic developments in data communications and network management solutions.
This resource consolidates all material disclosures including financial results, technology partnerships, and operational milestones. Users gain immediate access to press releases detailing infrastructure projects, service expansions, and management updates relevant to telecom providers and enterprise clients.
Key focus areas mirror the company's core operations: network optimization initiatives, digital transformation progress, and regulatory compliance achievements. The archive serves as a historical record of DCMDF's evolution within competitive communications markets.
For stakeholders monitoring the data infrastructure sector, this page offers chronological tracking of business developments without promotional commentary. Regular visitors can efficiently monitor corporate announcements while maintaining perspective on long-term strategic patterns.
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DATA Communications Management Corp. (DCM) has officially closed its acquisition of R.R. Donnelley & Sons’ Canadian operations (RRD Canada) for $130.8 million. This strategic move aims to enhance DCM's market position, boosting its estimated pro forma revenues to over $520 million in 2022. DCM is targeting an organic annual revenue growth of over 5% and aims for an Adjusted EBITDA margin exceeding 14%. The acquisition will also expand its client base to over 400 enterprise clients. Rael Fisher, former President of RRD Canada, will join DCM as Chief Integration Officer to oversee the integration process.
DATA Communications Management Corp. (DCM) announced the receipt of a "no-action letter" from the Canadian Competition Bureau regarding its acquisition of R.R. Donnelley & Sons Company’s Canadian operations. This letter means the Commissioner of Competition does not plan to challenge the transaction, which is anticipated to close in the second quarter of 2023. This marks a significant milestone for DCM as it proceeds with the deal, aimed at enhancing its market position and operational capabilities. The company serves various sectors, integrating solutions to simplify communication and operations.
DATA Communications Management Corp. (DCMDF) reported a strong performance for Q4 2022, with revenues increasing by 20.0% to $73.0 million and gross profit rising 33.0% to $23.6 million, compared to Q4 2021. For the full fiscal year 2022, revenue grew 16.3% to $273.8 million, gross profit was up 21.1% at $84.2 million, and net income surged 792.4% to $14.0 million. The company reported EBITDA growth of 45.3% for the year. Notably, DCM plans to acquire RRD Canada, which is expected to enhance capabilities and drive operational efficiencies. The company has reduced total debt by 26% to $27.3 million.
DATA Communications Management Corp. (OTCQX: DCMDF) will announce its Fiscal 2022 and Fourth Quarter 2022 results on March 21, 2023. A conference call is scheduled for March 22, 2023, at 9:00 a.m. Eastern time, featuring President and CEO Richard Kellam and CFO James Lorimer. The earnings results will be available on the company’s Investor Relations page and SEDAR. DCM offers marketing and communication solutions, serving major brands across various sectors for over 60 years, focusing on simplifying operations through technology and comprehensive services.
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