Digital Media Solutions Q2 Adj EPS $(0.68) Misses $(0.12) Estimate, Sales $82.55M Miss $91.53M Estimate
Portfolio Pulse from Benzinga Newsdesk
Digital Media Solutions (NYSE:DMS) reported Q2 adjusted losses of $(0.68) per share, missing the analyst consensus estimate of $(0.12) by 466.67%. This is a 385.71% decrease over losses of $(0.14) per share from the same period last year. The company also reported quarterly sales of $82.55 million, missing the analyst consensus estimate of $91.53 million by 9.81%. This is a 9.48% decrease over sales of $91.20 million the same period last year.
August 14, 2023 | 8:32 pm
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Digital Media Solutions reported a significant miss on both earnings and sales for Q2. The company's losses per share and sales were both significantly below analyst estimates.
Digital Media Solutions reported Q2 adjusted losses of $(0.68) per share, significantly missing the analyst consensus estimate of $(0.12). This is a 385.71% decrease over losses of $(0.14) per share from the same period last year. The company also reported quarterly sales of $82.55 million, significantly missing the analyst consensus estimate of $91.53 million. This is a 9.48% decrease over sales of $91.20 million the same period last year. These results are likely to negatively impact the company's stock price in the short term.
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