{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-016705","form_type":"8-K","ticker":null,"cik":"0001725134","company_name":"Digital Media Solutions, Inc.","filed_at":"2024-04-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.753256+00:00","generated_at":"2026-06-03T19:06:55.376296+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"DMS reports FY 2023 revenue $334.9M, net loss $122.7M; secures $22M financing, strategic review","bullets":["FY 2023 net revenue $334.9M, down 14.4% YoY; net loss $122.7M vs $52.5M.","Q4 2023 net revenue $86.1M; gross margin 27.8%, Variable Marketing Margin 31.2%.","FY 2023 Adjusted EBITDA $9.9M vs $25.7M; EPS $(31.96) vs $(12.38).","Secured $22M in new financing from existing lenders on April 17, 2024.","Board initiated strategic alternatives review, may include sale; Houlihan Lokey retained."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-016705","json":"https://secwatch.observer/filing/0001628280-24-016705.json","markdown":"https://secwatch.observer/filing/0001628280-24-016705.md","text":"https://secwatch.observer/filing/0001628280-24-016705.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1725134/000162828024016705/0001628280-24-016705-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1725134/000162828024016705/dms-20240418.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T19:06:55.376296+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"06214b696239764a7b24ad550f37b85bb9f6eb38","claim":"Digital Media Solutions, Inc. reported the full year ended December 31, 2023 results: revenue $334.9 million, net income Net loss of $122.7 million, EPS $(31.96).","evidence_excerpt":"Announces Fourth Quarter And Full Year 2023 Financial Results • Fourth-quarter net revenue of $86.1 million • Full year 2023 revenue of $334.9 million • Fourth-quarter gross margin of 27.8% and Variable Marketing Margin (VMM) of 31.2% 1 • Full year gross margin of 24.7% and VMM of 28.9% • Receives $22 million in new financing from existing lenders • Initiates review of potential strategic alternatives to maximize value Clearwater, Fla.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1725134/000162828024016705/0001628280-24-016705-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2023"},{"label":"Revenue","value":"$334.9 million"},{"label":"Net income","value":"Net loss of $122.7 million"},{"label":"EPS","value":"$(31.96)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"cc3eed6f935572c8f49de532a1e2ba0bb912cd19","claim":"Digital Media Solutions, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $86.1 million.","evidence_excerpt":"in such a filing. --- EX-99.1 (EX-99.1) --- Digital Media Solutions, Inc. Announces Fourth Quarter And Full Year 2023 Financial Results • Fourth-quarter net revenue of $86.1 million • Full year 2023 revenue of $334.9 million • Fourth-quarter gross margin of 27.8% and Variable Marketing Margin (VMM) of 31.2% 1 • Full year gross margin of 24.7% and VMM of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1725134/000162828024016705/0001628280-24-016705-index.htm","confidence":0.92,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$86.1 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}