DecisionPoint Systems, Inc. - DPSI STOCK NEWS

DecisionPoint Systems, Inc. (NYSE American: DPSI) reported a record revenue of $97.4 million for full-year 2022, marking a 48% increase. GAAP net income rose 120% to $3.1 million, while diluted EPS increased to $0.41 (+117%). Non-GAAP EPS saw an impressive growth of 165% to $0.54, and adjusted EBITDA surged 152% to $7.8 million. The fourth quarter also showed strong performance with revenue reaching $24.5 million (+48.5%) and gross profit increasing by 67.6%. Looking ahead, the company expects continued growth in recurring revenue and aims to acquire at least one company in 2023.

DecisionPoint Systems, Inc. (DPSI) will release its fourth quarter and full-year 2022 financial results on March 29, 2023, before the market opens. Investors can access the earnings release via Form 8-K on the DecisionPoint investor relations website at approximately 7:00 a.m. Eastern Time. An earnings conference call and webcast will follow at 11:00 a.m. Eastern Time, where management will present the results and future strategy, with a Q&A session for investors. The information and updates provided during this conference will be critical for stakeholders assessing DPSI's operational performance and strategic direction.

DecisionPoint Systems, Inc. (AMEX: DPSI) announced that CEO Steve Smith will hold one-on-one and small group meetings at the 35th Annual Roth Conference on March 13 and 14, 2023. Interested parties can request an invitation or schedule a meeting by emailing here.

DecisionPoint Systems specializes in mobility-first managed service and integration solutions for sectors including healthcare, supply chain, and retail. The company aims to enhance decision-making processes, boost productivity, and minimize risks and costs. For more insights about DecisionPoint Systems, visit their website.

DELRAY BEACH, FL / ACCESSWIRE / February 15, 2023 / DecisionPoint Systems (NYSE American:DPSI) will present at the Third Annual Winter Wonderland - Best Ideas Investor Conference.

Presentation details:
Date: February 21, 2023
Time: 9:30 a.m. ET
Watch the webcast
1:1 meetings will take place on February 23 and 24, 2023.

DecisionPoint Systems focuses on mobility-first solutions for sectors like healthcare and retail, enhancing decision-making capabilities. For more, visit decisionpt.com.

DecisionPoint Systems, Inc. (DPSI) has introduced MobileConductor Express, a new application aimed at food distribution companies. This expansion offers essential features for direct store delivery (DSD) and integrates automated invoicing and remote device tracking. Jim Hilton emphasized the app's rapid deployment capabilities, supporting business growth in a competitive market. The platform also aids compliance with the FSMA FDA rule 204 by enabling food traceability. This announcement follows a previous update in October 2022 that improved the user interface and functionality of the MobileConductor platform.

DecisionPoint Systems, Inc. (NYSE American: DPSI) has launched Vision, a new managed services portal aimed at the mobility applications market. This platform serves as a centralized information gateway, aggregating critical business data from various sources to provide clients with timely access to essential information. Features include user administration, geo-coded mapping, and detailed inventory data, enhancing customer experience and operational efficiency. The company plans to expand Vision with additional functionalities throughout 2023, as part of its strategy to increase its presence in managed services.

DecisionPoint Systems (DPSI) reported a record third-quarter revenue of $25.7 million, a 41.1% increase year-over-year. GAAP net income rose by 81.5% to $1.1 million, with diluted EPS up 72.8% to $0.15. Adjusted EBITDA increased 73.7% to $2.3 million. Full-year guidance has been raised to $90-$93 million in revenue (up 36%-41%) and adjusted EBITDA of $6.5-$7.0 million. The backlog as of September 30, 2022, stood at $29 million.

DecisionPoint Systems, Inc. (DPSI) will release its third quarter 2022 financial results on November 14, 2022, before market open. The report will be available on their investor relations website at this link. Management will host a conference call at 11:00 a.m. Eastern Time to discuss the results and future outlook, followed by a Q&A session with investors. This earnings release is crucial for stakeholders looking to assess DPSI's financial health and operational performance.

DecisionPoint Systems, Inc. (NYSE American: DPSI) will be represented by CEO Steve Smith at The Sidoti Virtual MicroCap Conference on November 10, 2022, at 11:30 a.m. ET. This presentation is an opportunity for investors to gain insights into the company’s mobility-first enterprise solutions aimed at healthcare, supply chain, and retail sectors. One-on-one meetings with management are available on November 9 and 10, 2022. Interested parties can register for the webcast here.