Welcome to our dedicated page for Digital Media Solutions news (Ticker: DMS), a resource for investors and traders seeking the latest updates and insights on Digital Media Solutions stock.
Digital Media Solutions, Inc. (DMS) delivers innovative digital advertising solutions through its proprietary technology and data-driven approach. This news hub provides investors and industry professionals with essential updates on corporate developments, financial strategies, and market positioning.
Access timely information about DMS's operational milestones, including capital structure changes and strategic partnerships. Recent highlights include the company's NYSE compliance efforts through a reverse stock split and amended credit agreements demonstrating lender confidence.
Our curated news collection features earnings reports, regulatory filings, technology advancements, and acquisition updates. Stay informed about DMS's performance in key verticals like insurance advertising and data privacy compliance initiatives.
Bookmark this page for direct access to primary source documents and analysis-free updates. Check back for new developments as DMS continues to shape digital performance advertising through technological innovation and strategic financial management.
Digital Media Solutions (NYSE: DMS) announced it received a notice from the NYSE on March 30, 2023, for failing to maintain the minimum stock price requirement of $1.00 over 30 consecutive trading days. The company has six months to comply and plans to notify the NYSE of its intent to rectify the issue, possibly considering a reverse stock split if necessary. Despite the notice, DMS's stock will remain listed during the compliance period. The company emphasizes its focus on regaining compliance with NYSE standards and outlines the potential challenges ahead.
Digital Media Solutions, Inc. (DMS) reported fourth-quarter 2022 net revenue of $100.8 million, a 15.3% decline year-over-year, with a net loss of $25.1 million. Full-year revenue reached $391.1 million, exceeding guidance but down 8.6% from 2021. Adjusted EBITDA for the fourth quarter was $7.1 million, down from $14.7 million. DMS completed the acquisition of HomeQuote.io and ClickDealer, which are expected to enhance growth opportunities. The company ended 2022 with $48.8 million in cash and $256.8 million in total debt. Guidance for Q1 2023 projects net revenue between $90 million and $92 million.
Digital Media Solutions, Inc. (NYSE: DMS) will release its fourth quarter and full year 2022 results on March 31, 2023, at 6:45 a.m. ET. A conference call is set for 8:45 a.m. ET that same day. Investors can access the call via a U.S. toll-free number at 1-844-200-6205 or internationally at 1-646-904-5544 with the access code 437128. The call will also be available through a live webcast on the company's investor relations page. A replay will be accessible from March 31 to April 7, 2023.
FAQ
What is the market cap of Digital Media Solutions (DMS)?
