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DATA COMMUN MGMT CORP - DCMDF STOCK NEWS

Welcome to our dedicated page for DATA COMMUN MGMT news (Ticker: DCMDF), a resource for investors and traders seeking the latest updates and insights on DATA COMMUN MGMT stock.

DATA COMMUN MGMT CORP (DCMDF) is a leading provider of data communication solutions, specializing in managing and optimizing data flow for businesses of all sizes. With a focus on innovation and efficiency, the company offers a wide range of services, including data integration, data security, and data analytics. Their cutting-edge technologies and strategic partnerships ensure that clients receive top-notch solutions tailored to their specific needs. With a strong financial position and a track record of success, DATA COMMUN MGMT CORP is poised for continued growth and expansion in the competitive data management industry.

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DATA Communications Management Corp. (DCM) marked its 20th anniversary of listing on the Toronto Stock Exchange (TSX) by participating in the market-opening ceremony. CEO Richard Kellam, CFO James Lorimer, and DCM's leadership team joined TSX representatives to ring the opening bell.

As a leading Canadian provider of print and digital solutions for marketing communications and workflow, DCM has built strong relationships with major Canadian companies across various sectors, including financial services, transportation, retail, government, healthcare, and lottery. The company emphasized its successful business transformation to meet evolving client needs through technology and innovation, focusing on enhancing product and service offerings.

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DATA Communications Management Corp. reported its Q3 2024 financial results with revenues of $108.7 million, showing a gross profit margin improvement to 25.8% from 24.7% in Q3 2023. SG&A expenses decreased to $22.4 million, while Adjusted EBITDA increased by 6.6% to $12.6 million, representing 11.6% of revenues. The company has substantially completed the integration of Moore Canada operations and is consolidating its plant network from 14 to 10 facilities. Despite an 11.4% revenue decline in Q3, year-to-date revenue is up 14.5%. DCM launched ASMBL, an AI-enabled digital asset management platform, and acquired Zavy to enhance its tech offerings.

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DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF), a leading Canadian provider of print and digital solutions for marketing communications and workflow, will release its Third Quarter 2024 financial results on November 12, 2024, after market hours. The company will host a conference call and webcast on November 13, 2024, at 9:00 a.m. Eastern time, featuring CEO Richard Kellam and CFO James Lorimer, who will present the results and conduct a Q&A session. Results will be available on the company's Investor Relations page and SEDARplus.

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Data Communications Management Corp. (DCM) has released its inaugural Environmental, Social and Governance (ESG) Report, highlighting the company's commitment to continuous improvement in ESG efforts. The report outlines four key commitments:

  • Lowering greenhouse gas emissions by establishing science-based targets
  • Helping create a greener planet through participation in the PrintReleaf reforestation program
  • Building a more inclusive workplace and supporting communities
  • Improving the sustainability of DCM's operations

Notable achievements include establishing near-term science-based targets validated by the Science-Based Targets initiative (SBTi), planting 716,345 trees in 2023 through the PrintReleaf partnership, and securing sustainability certification for seven DCM facilities under the Sustainable Green Printing Partnership. DCM plans to publish annual updates on its ESG progress going forward.

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Data Communications Management Corp. (DCM), listed as DCMDF on OTCQX, will be presenting at the 2024 Cantech Letter Investment Conference on October 9, 2024, in Toronto, Ontario. James Lorimer, CFO of DCM, and Pierce Kellam, Senior Director of ASMBL, will attend the conference.

Mr. Lorimer will deliver an investor presentation, while Mr. Kellam will provide an update on ASMBL, DCM's recently launched digital asset management platform. Both executives will participate in 1-on-1 meetings with investors.

The presentation is scheduled for 2:30 PM EST at the Arcadian Loft in Toronto. DCM views this conference as an opportunity to increase exposure to the investment community and showcase their latest technology solution, ASMBL, launched in July 2024.

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DATA Communications Management Corp. (DCM), a leading North American marketing and business communication solutions provider, has announced its participation in the Planet MicroCap Showcase: VANCOUVER 2024. The event, in association with Small Cap Discoveries, is scheduled for Wednesday, September 25, 2024.

Key highlights:

  • DCM's presentation is set for 10:30 AM PT (1:30 PM ET)
  • President & CEO Richard Kellam will host the presentation and Q&A session
  • Live webcast available at https://www.webcaster4.com/Webcast/Page/3056/51001
  • DCM will conduct in-person 1x1 meetings at the Fairmont Waterfront Vancouver
  • Investors can register for the event and book meetings at https://planetmicrocapshowcase.com/signup

This showcase provides an opportunity for DCM to engage with investors and showcase its business strategies and growth prospects.

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DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) reported strong Q2 2024 financial results. Revenues increased by 5.7% to $125.8 million, while gross profit rose 7.2% to $34.3 million. The company saw significant improvements in profitability, with Adjusted EBITDA growing 22.2% to $16.9 million, representing 13.4% of revenues. Net income turned positive at $4.1 million, compared to a net loss in Q2 2023. DCM's focus on debt reduction resulted in a 48.3% decrease in net debt since the MCC acquisition. The company is on track to achieve $30-35 million in annualized post-acquisition synergies by the end of the fiscal year, driven by plant consolidation, system integration, and restructuring actions.

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DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF), a leading provider of marketing and business communication solutions in North America, will announce its Second Quarter 2024 results on August 7, 2024, after market close. The company will host a conference call and webcast on August 8, 2024, at 9:00 a.m. Eastern time.

President and CEO Richard Kellam and CFO James Lorimer will present the results and conduct a live Q&A session. Interested parties can register for the webcast through Microsoft Virtual Events Powered by Teams. The full results will be available on the company's Investor Relations page and www.sedarplus.ca. Additionally, a video message from Mr. Kellam will be posted on the company's website.

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DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) reported progress in consolidating its plant network from 14 to 10 main production facilities to improve operating efficiency following its 2023 acquisition of Moore Canada The company completed the consolidation of its Thistle Printing and Toronto commercial printing operations at 180 Bond Ave. in Toronto, investing in new equipment and facility upgrades. DCM has accelerated production and equipment moves from Fergus and Trenton, Ontario factories to Drummondville, Quebec and Brampton, Ontario factories. The company expects to substantially complete these two remaining planned plant closures and associated production transfers by the end of 2024.

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DATA Communications Management Corp. (DCM) has launched ASMBL, a new AI-enabled Digital Asset Management (DAM) platform. ASMBL will compete in a $5.3 billion global market for DAM solutions, expected to grow at a 14% CAGR over the next five years. The platform features enterprise scalability, intuitive design, and robust security.

ASMBL's AI capabilities include automated file tagging, enhanced search, and AI-generated transcription and content summaries. It offers easy setup and deployment, enabling efficient management of digital content across enterprises. The platform is designed to integrate with various marketing technology tools, creating a 'single source of truth' for all digital assets.

DCM's CEO, Richard Kellam, states that ASMBL is a strategic addition to their product range, serving over 400 enterprise clients and 2,000 SMBs, while also attracting new clients facing digital content management challenges.

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FAQ

What is the current stock price of DATA COMMUN MGMT (DCMDF)?

The current stock price of DATA COMMUN MGMT (DCMDF) is $1.4666 as of December 20, 2024.

What is the market cap of DATA COMMUN MGMT (DCMDF)?

The market cap of DATA COMMUN MGMT (DCMDF) is approximately 79.1M.

What services does DATA COMMUN MGMT CORP offer?

DATA COMMUN MGMT CORP offers a wide range of data communication solutions, including data integration, data security, and data analytics.

What is the focus of DATA COMMUN MGMT CORP's business?

The company specializes in managing and optimizing data flow for businesses of all sizes, with a strong emphasis on innovation and efficiency.

Does DATA COMMUN MGMT CORP have any strategic partnerships?

Yes, DATA COMMUN MGMT CORP has established strategic partnerships to ensure that clients receive tailored solutions that meet their specific needs.

How is DATA COMMUN MGMT CORP positioned in the data management industry?

DATA COMMUN MGMT CORP is well-positioned for growth and expansion in the competitive data management industry, thanks to its strong financial position and track record of success.

What sets DATA COMMUN MGMT CORP apart from its competitors?

DATA COMMUN MGMT CORP stands out for its cutting-edge technologies, innovative solutions, and commitment to delivering top-notch services to its clients.

Is DATA COMMUN MGMT CORP a reliable partner for data communication solutions?

Yes, DATA COMMUN MGMT CORP has earned a reputation for reliability and excellence in providing data communication solutions that meet the highest standards of quality and performance.

How does DATA COMMUN MGMT CORP ensure data security?

DATA COMMUN MGMT CORP implements rigorous data security measures to protect the confidentiality and integrity of client data, ensuring compliance with industry standards and regulations.

What is the growth potential for DATA COMMUN MGMT CORP?

DATA COMMUN MGMT CORP has significant growth potential in the data management industry, driven by its commitment to innovation, customer satisfaction, and industry leadership.

What are the core values of DATA COMMUN MGMT CORP?

DATA COMMUN MGMT CORP values integrity, excellence, innovation, and customer focus, guiding its business practices and relationships with clients, partners, and stakeholders.

How can I stay informed about the latest news and developments from DATA COMMUN MGMT CORP?

Stay updated with the latest news and developments from DATA COMMUN MGMT CORP by visiting their official website, subscribing to their newsletter, or following them on social media platforms.

DATA COMMUN MGMT CORP

OTC:DCMDF

DCMDF Rankings

DCMDF Stock Data

79.09M
23.26M
22.41%
8.99%
Specialty Business Services
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United States of America
Brampton