DecisionPoint Systems, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
April 01, 2024 at 07:00 am EDT
Share
DecisionPoint Systems, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 30.5 million compared to USD 24.48 million a year ago. Net loss was USD 0.268 million compared to net income of USD 0.427 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to basic earnings per share from continuing operations of USD 0.06 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to diluted earnings per share from continuing operations of USD 0.06 a year ago.
For the full year, revenue was USD 115.59 million compared to USD 97.42 million a year ago. Net income was USD 2.49 million compared to USD 3.11 million a year ago. Basic earnings per share from continuing operations was USD 0.33 compared to USD 0.43 a year ago. Diluted earnings per share from continuing operations was USD 0.32 compared to USD 0.41 a year ago.
DecisionPoint Systems, Inc. is a mobility-first enterprise services and solutions company. The Company delivers mobility-first managed services, in-store retail solutions centered around point-of-sale technologies, deployment, integration and support services to retail, supply chain, hospitality, healthcare and other verticals. It also provides a comprehensive managed services portfolio that includes consulting, integration, project management, software development, deployment, and life cycle management services. Those services include configuration, repair services, help desks, and implementation services desks, helping its enterprise customers operationalize their mobile investments. It also provides deployment and installation services into the retail POS marketplace. Its ViziTrace Platform provides its customers with the ability to integrate radio frequency identification (RFID) technologies into existing workflows, making them efficient and effective in the marketplace.
DECISIONPOINT SYSTEMS, INC. 
