Welcome to our dedicated page for DMS news (Ticker: DMS), a resource for investors and traders seeking the latest updates and insights on DMS stock.
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 DMS'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 DMS's position in the market.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
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.
