DATA Communications Management Third Quarter 2024 Earnings: Misses Expectations

In This Article:

DATA Communications Management (TSE:DCM) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CA$108.7m (down 11% from 3Q 2023).

  • Net loss: CA$2.67m (loss narrowed by 36% from 3Q 2023).

  • CA$0.05 loss per share (improved from CA$0.076 loss in 3Q 2023).

earnings-and-revenue-growth
TSX:DCM Earnings and Revenue Growth November 15th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

DATA Communications Management Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 9.7%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Commercial Services industry in Canada.

Performance of the Canadian Commercial Services industry.

The company's shares are down 36% from a week ago.

Risk Analysis

Be aware that DATA Communications Management is showing 1 warning sign in our investment analysis that you should know about...

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