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DecisionPoint Systems, Inc. - DPSI STOCK NEWS

Welcome to our dedicated page for DecisionPoint Systems news (Ticker: DPSI), a resource for investors and traders seeking the latest updates and insights on DecisionPoint Systems stock.

DecisionPoint Systems, Inc. (DPSI) is a leading enterprise specializing in mobile computing solutions. For over 25 years, DecisionPoint has empowered mobile workforces by utilizing top-tier mobile computing technologies. The company designs, develops, deploys, and maintains enterprise-class mobile computing solutions. These solutions connect mobile workers such as retail store associates, truck drivers, field service/sales associates, and delivery personnel to one another and their enterprise systems.

DecisionPoint Systems excels in integrating mobility systems within company facilities using mobile computing and wireless systems, including wireless networks and PIS equipment. Their offerings encompass mobile computers, application software, and essential data capture equipment, such as barcode scanners and radio frequency identification (RFID) readers. Additionally, the company provides a range of professional services and both proprietary and third-party software, along with software customization to meet specific customer needs.

Key industries benefiting from DecisionPoint's solutions include merchandising, sales and delivery, field service, logistics and transportation, and warehouse management. By enhancing mobile workforce capabilities, DecisionPoint helps companies improve customer satisfaction and accelerate business growth.

Recent Achievements and Projects:

  • Successful deployment of mobile solutions in major retail chains, enhancing customer service and operational efficiency.
  • Partnerships with prominent technology providers to integrate advanced RFID systems.
  • Expansion into new markets with innovative mobile computing applications tailored for logistics and field services.

DecisionPoint's robust financial condition ensures the continued support and development of cutting-edge technology solutions. Their commitment to excellence and customer satisfaction positions them as a trusted partner in the enterprise mobility sector.

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Barcoding and DecisionPoint Systems (DPSI) have merged, creating a new holding company, DecisionPoint Technologies. The merger, finalized on July 5, 2024, brings together the supply chain automation and POS technology capabilities of both companies, enhancing their market presence across North America. Barcoding specializes in supply chain optimization, while DPSI focuses on enterprise mobility solutions. This strategic union aims to offer expanded solutions and services to retail, supply chain, and other industries, leveraging their combined expertise. The new entity is expected to benefit from enhanced operational scale, geographic reach, and a stronger value proposition for OEM partners.

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DecisionPoint Systems (NYSE: DPSI) announced its Q1 2024 financial results, highlighting the impact of the absence of large hardware projects but showing improved gross margins due to a shift towards services and software.

The company reduced its debt by over $1.6 million and increased cash by $1.5 million. Key developments include the introduction of PointCare services and securing a significant managed services contract with a leading C-store chain, expanding recurring revenue.

DecisionPoint plans to launch new services under StoreCare and SiteCare brands in Q2 2024. The company will not host a conference call this quarter due to its impending transaction with Graham and Barcoding, which is expected to close in July.

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Barcoding, Inc. announced a merger agreement with DecisionPoint Systems, Inc. to expand its presence in North America.

The merger will create a business of scale in supply chain automation, incorporating Point-of-Sale technologies.

Barcoding aims to enhance offerings and better serve enterprise customers in retail and supply chain sectors.

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DecisionPoint Systems, Inc. (NYSE American: DPSI) announced a merger with Barcoding Holdings, in an all-cash transaction. Shareholders will receive $10.22 per share, representing a 27% premium. The merger aims to create an integrator of scale in supply chain automation, enhancing customer value propositions and expanding service offerings. The transaction is expected to close in July 2024.

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DecisionPoint Systems, Inc. (DPSI) reported a strong financial performance for the fourth quarter and full year 2023, with total revenue up 25% and 19% respectively. The company saw significant growth in Software and Services revenue, increasing by 208% and 130% for the quarter and full year, showcasing a successful strategy shift towards higher-margin offerings. Despite a decrease in gross margin, the company's GAAP operating income and adjusted EBITDA showed positive growth. DecisionPoint made strategic investments in business development professionals to drive future growth, with a focus on expanding services and software offerings for recurring revenue. The company's 2024 outlook includes continued investment in organic growth and M&A, with a strong emphasis on their PointCare Services and Mobile Managed Services (MMS) offerings.
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DecisionPoint Systems, Inc. (NYSE American: DPSI) will report financial and operational results for Q4 and full year 2023 on April 1, 2024. The earnings release will be available on their investor relations website. An earnings conference call and webcast will follow, providing insights into the company's performance and strategy.
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DecisionPoint Systems, Inc. (NYSE American: DPSI) introduces PointCare Services, a premier suite of managed and deployment services built to address all aspects of selecting, deploying and managing customers’ enterprise technology. The new offering aims to enable customers to focus on growing and running their business by managing all aspects of their technology deployment. PointCare Services is fully integrated with the Vision portal, providing complete visibility of assets covered under a PointCare contract.
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DecisionPoint Systems, a mobility-first enterprise services and solutions company, announced that CEO Steve Smith has signed a new four-year contract to lead the company through December 2027. Under his leadership, the company has achieved over 20% revenue CAGR, improved margins, and profitability through a shift towards software and services. The board and CEO are excited about the company's future growth.
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DecisionPoint Systems, Inc. (DPSI) adjourned its 2023 Annual Meeting of Stockholders due to lack of quorum. The meeting will reconvene on December 27, 2023, to allow additional time for stockholders to vote on proposals. Only stockholders of record as of November 7, 2023, are entitled to vote. The Company continues to solicit votes from its stockholders.
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DecisionPoint Systems, Inc. (NYSE American: DPSI) announced record third quarter revenue of $27.1 million, a 5% increase from the previous year. The company achieved a record gross margin of 27.6% and a software/services mix of 45%. DecisionPoint Systems, Inc. provided a 2023 guidance of 14-16% revenue growth and 13-17% adjusted EBITDA growth.
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FAQ

What is the current stock price of DecisionPoint Systems (DPSI)?

The current stock price of DecisionPoint Systems (DPSI) is $10.225 as of July 3, 2024.

What is the market cap of DecisionPoint Systems (DPSI)?

The market cap of DecisionPoint Systems (DPSI) is approximately 78.5M.

What does DecisionPoint Systems, Inc. do?

DecisionPoint Systems designs, develops, deploys, and maintains mobile computing solutions to connect mobile workforces with enterprise systems.

Which industries does DecisionPoint Systems serve?

They serve industries including merchandising, sales and delivery, field service, logistics and transportation, and warehouse management.

What type of mobile computing technologies does DecisionPoint use?

They utilize mobile computers, application software, barcode scanners, and RFID readers, among other technologies.

How long has DecisionPoint Systems been in business?

DecisionPoint Systems has been empowering mobile workforces for over 25 years.

Does DecisionPoint offer software customization?

Yes, they provide customized software solutions tailored to meet specific customer needs.

What kind of professional services does DecisionPoint offer?

Their professional services include deployment, maintenance, and support for their mobile computing solutions.

How does DecisionPoint enhance customer satisfaction?

By providing mobile solutions that improve the efficiency and effectiveness of mobile workforces, which in turn enhances customer service.

What are some recent achievements of DecisionPoint Systems?

Recent achievements include deploying mobile solutions in major retail chains and expanding into new markets with innovative applications.

Who can benefit from DecisionPoint's solutions?

Retail store associates, truck drivers, field service/sales associates, and delivery personnel can benefit from their solutions.

Is DecisionPoint financially stable?

Yes, DecisionPoint has a robust financial condition that supports the continued development of their technology solutions.

DecisionPoint Systems, Inc.

NYSE:DPSI

DPSI Rankings

DPSI Stock Data

78.54M
5.62M
26.78%
6.08%
0.07%
Software - Application
Services-computer Programming, Data Processing, Etc.
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