Digital Media Solutions (DMS) Misses Q1 EPS by 4c

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Go back to Digital Media Solutions (DMS) Misses Q1 EPS by 4c

Digital Media Solutions, Inc. Announces Q1 2022 Financial Results and Enhances Technology Stack and Data Asset

May 10, 2022 4:32 PM EDT

Record first-quarter revenue of $109 million, up 13% year over year. First-quarter net loss and adjusted EBITDA of $5 million and $10.5 million, respectively. First-quarter gross margin of 29% and variable marketing margin (VMM) of 35%. Announced second quarter 2022 revenue guidance of $97 - $100 million and adjusted EBITDA guidance of $8 - $10 million. Reduced full-year 2022 GAAP revenue guidance to $440 - $450 million and EBITDA guidance to $45 - $50 million. DMS announces the acquisition of Traverse Data, Inc. and enhancements to its data asset and proprietary technology.

CLEARWATER, Fla.--(BUSINESS WIRE)-- Digital Media Solutions, Inc. (NYSE:... More