DSS Announces Second Quarter 2020 Financial Results
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Document Security Systems (DSS) Tops Q2 EPS by 49c, Revenues Miss
August 14, 2020 8:07 AM EDTDocument Security Systems (NYSE: DSS) reported Q2 EPS of ($0.19), $0.49 better than the analyst estimate of ($0.68). Revenue for the quarter came in at $3.1 million versus the consensus estimate of $4.29 million.
Second Quarter 2020 Financial Highlights
Revenue for the second quarter of 2020 was $3.1 million, as compared to $3.5 million in the second quarter of 2019. The 10% decrease is a result of declining Printed Products and Technology revenue as both lines were impacted by the COVID-19 pandemic as demand for consumer packaging decreased and several customer... More