DATA Communications Management Corp. Announces Preliminary Fourth Quarter and Fiscal 2020 Results and Announces Dates for Fourth Quarter Earnings Release and Webcast Conference Call
BRAMPTON, Ontario–(BUSINESS WIRE)–DATA Communications Management Corp. (“DCM” or the “Company”)(TSX:DCM), a leading provider of marketing and business communications solutions to companies across North America, announces today preliminary financial results for the fourth quarter and the fiscal year ended December 31, 2020.
Based on preliminary unaudited results, the Company anticipates:
- Revenue between $57.6 million and $62.1 million for the fourth quarter of 2020, a decrease of 13% to 19% compared to the fourth quarter of 2019. Revenue between $256.3 million and $260.8 million for the full year of 2020, a decrease of 8% to 9% compared to the full year of 2019.
- Gross profit between $14.3 million and $15.4…