Q2 2022 Data Communications Management Corp Pre-Recorded Earnings Presentation Transcript

Aug 10, 2022 / NTS GMT
Presentation
Aug 10, 2022 / NTS GMT

=====================
Corporate Participants
=====================
* Richard Clarence Kellam
DATA Communications Management Corp. - President, CEO & Director

=====================
Richard Clarence Kellam - DATA Communications Management Corp. - President, CEO & Director

Our second quarter results are further evidence that our unrelenting focus on building both a better and a bigger business is paying off. I am happy to report that we had an outstanding quarter 2 with revenues up just over 23% versus last year.

Our gross profit momentum also continued to accelerate, growing 29% or up $4.6 million over a year ago. This is clear evidence of our success at growing margins despite raw materials, supply and pricing pressure. Our pipeline of business remains strong, and we expect this positive momentum to continue through the balance of 2022.

Our constant focus on cost controls continues to help us build a better business. SG&A expenses were 20.2% of revenue, a full 5.7 percentage points lower than

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot