DATA COMMUN MGMT CORP - DCMDF STOCK NEWS

DATA Communications Management Corp. (DCMDF) reported strong Q2 2022 results with revenue growth of 23.4% to $68.1 million, and net income surging 490.7% to $3.8 million. Year-to-date, revenue increased 16.8% and net income rose 211.8% compared to the previous year. EBITDA grew 48.7% to $9.5 million. The company's focus on tech-enabled solutions has driven this momentum, despite challenges with raw material access affecting working capital. DCM expects this positive trend to continue through the year.

DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) announced that CEO Richard Kellam will present at Canaccord Genuity’s 42nd Annual Growth Conference from August 8-11, 2022, in Boston. The corporate update presentation is scheduled for August 10 at 1:00 p.m. Eastern time. One-on-one meetings with investors will take place on August 10 and 11. A live webcast of the presentation will be available, and a replay will be accessible on DCM’s Investor Relations website.

DCM has over 60 years of experience in marketing and business communication solutions across North America.

DATA Communications Management Corp. (DCMDF) announced plans to release its second quarter 2022 financial results on August 9, 2022. A conference call and webcast will follow on August 10, 2022, at 9:00 a.m. Eastern time, featuring presentations by President Richard Kellam and CFO James Lorimer, along with a Q&A session. Investors can access the webcast via Microsoft Teams, with a recording available later on the Company’s Investor Relations page. DCM has been a prominent partner in business communication solutions for over 60 years.

DATA Communications Management Corp. (DCMDF) held its annual shareholders' meeting on June 16, 2022, with 58.01% of common shares represented. Shareholders approved the appointment of PricewaterhouseCoopers LLP as auditors, with 99.99% votes in favor. All eight proposed directors were also elected, including Gregory J. Cochrane, who received 98.27% support. DCM has been a key player in communication solutions for over 60 years, serving various industries. The company emphasizes its commitment to simplifying communication for its clients.

DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) will hold its annual meeting on June 16, 2022, at 11:00 a.m. ET in Toronto. Shareholders can attend in person or via Microsoft Teams webcast, though only in-person attendance will allow voting. The meeting will include a presentation by Richard Kellam, President and CEO, and a Q&A session. Shareholders are encouraged to vote before the meeting, with proxy instructions detailed in the management information circular dated May 10, 2022.

DATA Communications Management Corp. (DCMDF) reports significant growth in Q1 2022, with revenue rising 11.1% to $69.3 million and net income up 111% to $3.7 million compared to Q1 2021. EBITDA increased 28.9% to $9.4 million, while gross profit rose 8.1% to $20.3 million. SG&A expenses decreased by 8.5% to $13.6 million. DCM continues to pay down debt, with total debt down by 7.7%, standing at $34.2 million as of March 31, 2022. The CEO expresses optimism about maintaining this momentum throughout the fiscal year.

DATA Communications Management Corp. (DCMDF) reported preliminary financial results for Q1 2022, projecting revenue of approximately $69 million, up 11% year-over-year. Gross profit is expected to rise to around $20 million, marking an 8% increase. EBITDA for the quarter is estimated at $9.4 million, reflecting a 29% growth compared to Q1 2021. Notably, there are no planned restructuring expenses for the rest of 2022. DCM anticipates releasing full financial results on May 10, 2022.

DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) has been appointed the official digital marketing agency for Habitat for Humanity Canada. This engagement aims to enhance Habitat Canada's digital fundraising efforts through comprehensive digital strategies, including email campaigns and data optimization. The collaboration builds on a long-standing relationship, with DCM previously providing various marketing support services to Habitat Canada. The partnership aligns with DCM's commitment to digital enablement and community support.

DATA Communications Management Corp. (TSX:DCM)(OTCQX:DCMDF) will present at the Planet MicroCap Showcase 2022 on May 4, 2022, at 1:30 p.m. PT in Las Vegas. Richard Kellam, President and CEO, will lead the session and interact with investors. DCM will also have a booth during the event from May 3 to May 5, where Kellam and other executives will be available for questions. DCM's recent initiatives, including financial results and strategic updates, were discussed in a pre-conference interview, available for viewing online.