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DIGITAL MEDIA SOLUTIONS A - $DMSL STOCK NEWS

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Rhea-AI Summary
Digital Media Solutions, Inc. (DMS) announced its fourth-quarter and full-year 2023 financial results, reporting net revenue of $86.1 million for Q4 and $334.9 million for the full year. The company achieved a fourth-quarter gross margin of 27.8% and Variable Marketing Margin (VMM) of 31.2%, with full-year gross margin at 24.7% and VMM at 28.9%. DMS received $22 million in new financing and initiated a review of potential strategic alternatives to maximize value. The company serves various verticals with digital performance marketing solutions, aiming for growth in 2024 amidst improving conditions in the Property and Casualty sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-37.37%
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Rhea-AI Summary
Digital Media Solutions, Inc. (DMS) claims the top spot on mThink's 'Top CPA Networks for Affiliates & Publishers List' for the second consecutive year. Additionally, DMS secured the No. 2 spot on mThink's 'Top CPA Networks List' and the No. 2 spot on mThink's 'Top CPA Networks for Advertisers & Merchants List' for 2024. Following extensive evaluations, DMS emerged as an industry leader, recognized for its top-tier advertising solutions. ClickDealer, acquired by DMS in March 2023, also received impressive placements on the mThink list, securing top spots in various categories. DMS has consistently demonstrated an unparalleled commitment to excellence and innovation, providing digital performance marketing solutions that benefit consumers and advertisers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.35%
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Rhea-AI Summary
Digital Media Solutions, Inc. (DMS) announced third-quarter financial results with net revenue of $76.0 million, a gross margin of 23.1%, and Variable Marketing Margin (VMM) of 26.8%. DMS serves over 400 enterprise customers and 4,000 SMBs across various verticals. Despite a net revenue decline of 15.6% compared to Q3 2022, DMS CEO Joe Marinucci expressed optimism for growth in Q4, focusing on operational restructuring and partnerships.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.18%
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Rhea-AI Summary
Digital Media Solutions (DMS) receives the AFFY Award for Lead Generation Company of the Year 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-22.03%
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DIGITAL MEDIA SOLUTIONS A

OTC:DMSL

DMSL Rankings

DMSL Stock Data

4.49M
768.69k
35.78%
40.06%
0.83%
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United States of America
Clearwater