---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-023606"
form_type: "8-K"
ticker: null
cik: "0001725134"
company_name: "Digital Media Solutions, Inc."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:27:33.080168+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Digital Media Solutions Q1 net revenue $70.7M (-21.7% YoY); net loss $26.3M; adjusted EBITDA negative $4.3M

## Summary
- Net revenue $70.7M, down 21.7% YoY; gross margin 20.2%, down 4.5 ppts from 24.7%.
- Net loss $26.3M compared to $20.7M loss in Q1 2023; EPS loss $(5.96) vs $(4.67).
- Adjusted EBITDA loss $(4.3)M vs positive $3.4M a year ago; adjusted EPS loss $(3.50) vs $(0.78).
- Segment: Marketplace Solutions revenue up 4.1% to $38.8M; Brand Direct down 24.1% to $42.0M.
- Cash $14.2M; total debt $301.9M; operating expenses cut 20% to $26.1M.

## SEC filing metadata
- accession: 0001628280-24-023606
- form_type: 8-K
- cik: 0001725134
- company_name: Digital Media Solutions, Inc.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1725134/000162828024023606/0001628280-24-023606-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1725134/000162828024023606/dms-20240515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-023606
- JSON: https://secwatch.observer/filing/0001628280-24-023606.json
- Plain text: https://secwatch.observer/filing/0001628280-24-023606.txt

## Key facts
- Earnings Releases
  Digital Media Solutions, Inc. reported financial results for the first quarter ended March 31, 2024.
  - Period: the first quarter ended March 31, 2024
  - Result: reported results
  source text: On May 15, 2024, Digital Media Solutions, Inc. issued a press release announcing its financial results for the first quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1725134/000162828024023606/0001628280-24-023606-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.