Data Communications Management Corp T.DCM

q2

[vicario]

Solid results.

[vicario]

Mind you the working capital movement is not ideal.  We'll see how the market reacts... could be up 30% or down 30%... who knows.

[warrenbuffetwho]

Lets hope option A, and While on the side of optomism, when I was looking for the Q2 results I found that the Silicon Review recognized DCM as one of the 50 Smartest Companies of the Year. Just another positive sign that DCM has been gaining attention of late, and while the Silicon Review probably isn't buying shares, lets hope the market reflects the same sentiment that

[knicksman]

Seriously? lol I don't know how this moves tomorrow...but down 30% isn't a possibility.  We're not seriously thinking that growth is bad now because it requires working capital...especially when everybody complained how this company couldn't stop shrinking (and repaying debt). These guys killed it. Is it all sustainable. Maybe not. But mostly. 

[vicario]

You can't eat non-cash producing revenue growth... I've tried; doesn't taste very good.   

[vicario]

To be clear there was some positive FCF in the quarter but certainly not as much as would be indicated by accounting net income or 'adjusted' EBITDA. And this is probably the best quarter (FCF aside) since I've been around in past 5+ years.  1 data point isn't a trend... and hope isn't an investment strategy... but I HOPE this continues! 

[knicksman]

It's not the first quarter. It's the second good quarter. And given the company's depressed valuation -- we're nowhere near pricing in a 'potential' improvement.  EBITDA and Adjusted EBITDA were the same for two consecutive quarters. Revenue growth was up 29%. EBITDA was up 30%. The comp wasn't great. But just think about these numbers. A good quarter...is

[Torontojay]

  The results were very good. Gross profit dollars and margins are trending up. The working capital will sort itself out and is not surprising given the upward pressure on inflation in Q2. Accounts receivable is up slightly from Q2 last year but revenue growth has improved significantly y/y.   

[KnowledgeSeekr8]

Two things that jump out to me on these results without really diving in... Debt is down another $6.1 million in Q2 alone. This is as far as I can well ahead of their projections and at a good time considering debt is becoming more expensive. If they kept that rate of payment going debt outstanding at year end would be below $16 million Solid revenue and income numbers in what is usually their