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DATA Communications Management Posts Higher Profit, Lower Revenue, for the Fourth Quarter
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DATA Communications Management Posts Higher Profit, Lower Revenue, for the Fourth Quarter
Mar 12, 2025 2:46 PM

05:22 PM EDT, 03/12/2025 (MT Newswires) -- DATA Communications Management ( DCMDF ) after trade Wednesday said its fourth-quarter profit rose while revenue declined year-over-year.

The company earned $2.57 million, or $0.04 per share, in the period, up from $1.36 million, or $0.02, a year ago. FactSet expected per share earnings of $0.06.

Revenue fell to $116.2 million from $130 million in the year-ago quarter. FactSet consensus was $116.9 million.

The company reaffirmed its long-term growth target for the next five years, aiming for a compound annual growth rate of more than 5% in revenue, a gross profit margin of over 30% of revenues, and an adjusted earnings before interest, taxes, depreciation, and amortization margin of more than 14% each year.

"While we are pleased with our start to 2025, we continue to carefully monitor economic conditions and the geopolitical environment for developments that could impact our results. These include the recent introduction of cross-border tariffs, raw material cost increases and any softening of demand in our end markets. We are actively pursuing opportunities to mitigate against these risks, including initiatives to diversify our supply chain," Chief Executive Richard Kellam said.

The company's shares closed up $0.01 to $1.97 on the Toronto Stock Exchange.

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