Digital Media Solutions (DMS) Misses Q2 EPS by 4c
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Digital Media Solutions, Inc. Announces Record-Breaking Quarter For Q2 2021 Revenue, Gross Profit Margin And Adjusted EBITDA
August 9, 2021 5:00 AM EDTRecord revenue of $105.1 million and adjusted revenue1 of $109.3 million, up $29.9 million and $32.5 million year over year, respectively. Net income of $4.9 million, compared to net income of $2.1 million in the second quarter of 2020. Increased Variable Marketing Margin to $40.1 million, or 38.2%, compared to 32.0% in the first quarter of 2021 and 34.1% in the second quarter of 2020. Adjusted EBITDA of $16.0 million, down 3.0% year over year, a reflection of the essential public company infrastructure investments made throughout the past twelve months. Announced third quarter 2021 revenue guidance of $108 - $110 million and adjusted revenue guidance of $113 - $115... More
