Data Communications Mgmt Corp (DCMDF)

[genlou]

FOURTH QUARTER 2015

Revenues of $81.0 million, an increase of 0.8% year over year
Adjusted EBITDA of $8.4 million, an increase of 34.8% year over year (See Table 2 and "Non-GAAP Measures" below)
Net Income of $13.4 million, including restructuring expenses of $1.5 million and gain on redemption of convertible debentures of $12.8 million compared to Net Income of $1.6 million, including restructuring expenses of $0.8 million in the prior comparative period
Adjusted Net Income of $3.4 million, an increase of 62.1% year over year (See Table 3 and "Non-GAAP Measures" below)
Completed redemption of $33.5 million 6.00% convertible unsecured subordinated debentures for 975,262,140 shares

FISCAL 2015

Revenues of $304.6 million, a decrease of 2.7% year over year
Adjusted EBITDA of $21.1 million, a decrease of 6.1% year over year (See Table 2 and "Non-GAAP Measures" below)
Net Loss of $19.2 million, including restructuring expenses of $13.6 million, goodwill impairment of $26.0 million and gain on redemption of convertible debentures of $12.8 million compared to Net Income of $4.5 million, including restructuring expenses of $2.8 million in the prior comparative period
Adjusted Net Income of $5.8 million, a decrease of $0.7 million or 11.1% compared to the prior comparative period (See Table 3 and "Non-GAAP Measures" below)

RECENT EVENTS