Nov 08, 2022 / NTS GMT
Presentation
Nov 08, 2022 / NTS GMT
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Corporate Participants
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* Richard Clarence Kellam
DATA Communications Management Corp. - President, CEO & Director
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Richard Clarence Kellam - DATA Communications Management Corp. - President, CEO & Director
I'm happy to report that positive momentum continues in our business with strong quarter 3 results. Revenue grew more than 11% on the quarter to just over $63 million.
We have now delivered 3 sequential quarters of year-over-year growth, bringing our year-to-date revenue up just over 15%.
This growth has been driven by a combination of expansion revenue with existing clients and new business wins of over $30 million through the year.
Our team's focused efforts at managing a highly volatile raw material market are paying off. Gross profit grew at a faster rate than revenue, bringing our gross margin on the quarter to over 31% and year-to-date on target of north of 30%.
We also continued to improve productivity
Q3 2022 Data Communications Management Corp Pre-Recorded Earnings Presentation Transcript
Feb 13, 2024
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