Decisionpoint Systems, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 08:01 am
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Decisionpoint Systems, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 30.91 million compared to USD 27.51 million a year ago. Net income was USD 0.835 million compared to USD 0.721 million a year ago. Basic earnings per share from continuing operations was USD 0.11 compared to USD 0.1 a year ago. Diluted earnings per share from continuing operations was USD 0.11 compared to USD 0.09 a year ago.
For the six months, revenue was USD 57.95 million compared to USD 47.23 million a year ago. Net income was USD 1.7 million compared to USD 1.57 million a year ago. Basic earnings per share from continuing operations was USD 0.23 compared to USD 0.22 a year ago. Diluted earnings per share from continuing operations was USD 0.22 compared to USD 0.2 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.