Decision Point Systems, Inc. - Taglich Brothers, Inc.

DECISIONPOINT SYSTEMS, INC.

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Market Data: Yahoo Finance, Bloomberg, SEC Filings

Report Link: Updated Research Report (Dated November 27, 2023)

Symbol: DPSI
Analyst: Howard Halpern
Taglich Rating: Speculative Buy
Price Target: $10.50
Time Horizon: 12 Months
Rating Established: July 28, 2021
Price When Established: $2.10
Most Recent Report: November 27, 2023
Price When Issued: $5.6

What’s New

DecisionPoint Systems Reports 2023 Results

On April 1, 2024, DecisionPoint Systems, Inc. announced financial results for the twelve month period ended December 31, 2023.

For 2023, sales increased 18.7% to $115.6 million from $97.4 million 2022. Net income was $2.5 million or $0.32 per share compared to $3.1 million or $0.41 per share last year.

Taglich Brothers’ projected 2023 sales of $111.9 million and net income of $3.3 million or $0.42 per share.

Company Description

DecisionPoint Systems, headquartered in Irvine CA, is a provider and integrator of mobility and wireless systems for business organizations. The company designs, deploys and supports mobile computing systems that enable customers to access employers’ data networks at various locations (i.e. the retail selling floor, warehouse and distribution centers or on the road deliveries). DecisionPoint also integrates data capture equipment including bar code scanners and radio frequency identification (RFID) readers.