secwatch.observer — SEC 8-K summary
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Issuer:     Digital Media Solutions, Inc. (—)
CIK:        0001725134
Form:       8-K
Filed at:   2024-04-18T23:59:59+00:00
Accession:  0001628280-24-016705
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DMS reports FY 2023 revenue $334.9M, net loss $122.7M; secures $22M financing, strategic review
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1725134/000162828024016705/0001628280-24-016705-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1725134/000162828024016705/dms-20240418.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-016705

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