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DecisionPoint Systems, Inc. (NYSE American: DPSI) has announced that CEO Steve Smith will be presenting at the Sidoti August Virtual Microcap Conference. The presentation is scheduled for 1:00 p.m. ET on August 17, 2022.
1:1 meetings will be held on August 17 and 18, 2022. Interested participants can register via the webcast link or contact Brian Siegel from Hayden IR for one-on-one sessions.
DecisionPoint Systems, Inc. (NYSE American: DPSI) will announce its financial results for Q1 fiscal 2022 on May 16, 2022. The earnings release will be filed on Form 8-K and made available on the investor relations website at 7:30 a.m. Eastern. Management will host a conference call at 10:00 a.m. Eastern to discuss results and strategy, followed by a Q&A session. DecisionPoint is a provider of enterprise mobility solutions, enhancing productivity through accessible software for front-line workers.
On February 1, 2022, DecisionPoint Systems announced the acquisition of Advanced Mobile Group, based in Doylestown, Pennsylvania. This strategic purchase aims to enhance DecisionPoint's mobility-first enterprise solutions and expand its presence in the mid-Atlantic region. Advanced Mobile Group is recognized for its expertise in mobile computing solutions, serving approximately 600 customers across sectors like warehousing, manufacturing, retailing, and healthcare. The acquisition aligns with DecisionPoint's growth strategy and commitment to technical excellence and customer success.
DecisionPoint Systems reported a strong financial performance for the fourth quarter and full year of 2020. Fourth quarter sales reached $18.3 million, a 50.7% increase from 2019, with net income at $0.6 million, a rise of 8.3%. For the full year, sales hit $63.4 million, up 44.4%, and net income soared to $2.9 million, equating to $0.18 per diluted share. EBITDA for 2020 rose 92.9% to $5.1 million. The company completed an acquisition to enhance growth and maintain a strong balance sheet with $18.4 million in cash and receivables.
