Decisionpoint Systems, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 07:00 am EST
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Decisionpoint Systems, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 27.14 million compared to USD 25.71 million a year ago. Net income was USD 1.05 million compared to USD 1.11 million a year ago. Basic earnings per share from continuing operations was USD 0.14 compared to USD 0.15 a year ago. Diluted earnings per share from continuing operations was USD 0.13 compared to USD 0.15 a year ago.
For the nine months, revenue was USD 85.09 million compared to USD 72.94 million a year ago. Net income was USD 2.76 million compared to USD 2.68 million a year ago. Basic earnings per share from continuing operations was USD 0.37 compared to USD 0.37 a year ago. Diluted earnings per share from continuing operations was USD 0.36 compared to USD 0.36 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.