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DCM Projects Strong Fiscal 2024 Results Amid Successful Integration

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DCM Projects Strong Fiscal 2024 Results Amid Successful Integration

Data Commun Management ( (TSE:DCM) ) just unveiled an update.

Data Communications Management Corp. announced its preliminary financial results for fiscal 2024, projecting revenues between $478 to $480 million and an Adjusted EBITDA of $62 to $64 million. The company has successfully integrated Moore Canada Corporation ahead of schedule, and despite challenges such as exiting low-margin accounts and a Canada Post strike, DCM is poised to leverage its expanded scale and product mix to drive profitable growth and achieve a target gross profit margin of over 30%.

More about Data Commun Management

Data Communications Management Corp. (DCM) is a leading Canadian provider specializing in print and digital solutions aimed at simplifying complex marketing communications and workflow processes.

YTD Price Performance: 7.14%

Average Trading Volume: 66,832

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$124.4M

For a thorough assessment of DCM stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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