Streetbeat News

DMS

Digital Media Solutions Inc

Employees

58,000

Industry

Data Processing, Hosting, and Related Services

Open

2.15

Mkt cap

7.5M

Volume

468K

High

3.70

P/E Ratio

-0.10

52-wk high

31.35

Low

2.09

Div yield

N/A

52-wk low

1.97

Zoom Video Communications, Palo Alto Networks, Nordson Corporation, Digital Media Solutions, and Fabrinet are the stocks to watch heading into Monday. Zoom is expected to post quarterly earnings of $1.05 per share on revenue of $1.11 billion. Palo Alto reported better-than-expected Q4 earnings and issued a strong billings outlook. Nordson is expected to have earned $2.32 per share on revenue of $665.65 million. Digital Media Solutions reported a 1-for-15 reverse stock split. Fabrinet is expected to report quarterly earnings at $1.80 per share on revenue of $640.61 million.

Portfolio Pulse from Lisa Levin

August 21, 2023 | 8:13 am

Digital Media Solutions, Inc. (NYSE:DMS) has announced a 1-for-15 reverse stock split of its Class A and Class B common stock, effective after market close on August 28, 2023. The split will reduce the number of Class A shares from approximately 40.9 million to 2.7 million, and Class B shares from approximately 25.1 million to 1.7 million.

Portfolio Pulse from Charles Gross

August 18, 2023 | 8:07 pm

Digital Media Solutions reported worse-than-expected Q2 financial results and issued Q3 net revenue guidance below estimates. Canaccord Genuity also lowered the price target from $2 to $1.5 on the stock.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 5:28 pm

Canaccord Genuity analyst Maria Ripps maintains a 'Buy' rating on Digital Media Solutions (NYSE:DMS) but lowers the price target from $2 to $1.5.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 1:41 pm

Several communication services stocks experienced significant movement in Monday's after-market session. Arena Group Holdings, Fluent, Charge Enterprises, AST SpaceMobile, Innovid, and Takung Art saw gains, while Digital Media Solns, Chicken Soup for the Soul, Getty Images Holdings, Cineverse, Kartoon Studios, and Rumble experienced losses. Most companies released their Q2 earnings reports, which likely influenced the stock movements.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 9:32 pm

Digital Media Solutions (DMS) has projected its Q3 net revenue to be between $70M-$72M, which is significantly lower than the consensus estimate of $93.76M.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:36 pm

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.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 8:32 pm

Several communication services stocks experienced significant movement in Monday's pre-market session. Moxian, Turkcell Iletisim, Manchester United, Lizhi, The9, and MediaAlpha saw gains, while Takung Art, Clear Channel Outdoor, Gogo, Motorsport Games, and Digital Media Solutions experienced losses. Q2 earnings were recently released for MediaAlpha, Clear Channel Outdoor, and Gogo.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 1:06 pm

The article lists the stocks that gained and lost the most in Wednesday's mid-day session. Among the gainers, Minerva Neurosciences surged 46.2% after announcing a $20 million private placement. Kaleyra jumped 38.3% after Tata Communications announced plans to acquire the company. Among the losers, American Rebel Holdings fell 31.4% after announcing a 1-for-25 reverse stock split. AST SpaceMobile shares fell 29.3% after the company announced pricing of an upsized offering of Class A common stock.

Portfolio Pulse from Lisa Levin

June 28, 2023 | 5:04 pm

In Wednesday's pre-market session, several communication services stocks saw significant movement. Baosheng Media, National CineMedia, Takung Art, Asset Entities, Super League Gaming, and WiMi Hologram Cloud all experienced gains, while AST SpaceMobile, Leafly Holdings, Digital Media Solns, NextPlay Technologies, Chunghwa Telecom, and Oriental Culture Holding saw declines.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 1:12 pm

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