Last $0.44 USD
Change Today +0.0052 / 1.21%
Volume 62.9K
DSS On Other Exchanges
Symbol
Exchange
NYSE Amex
As of 8:04 PM 02/26/15 All times are local (Market data is delayed by at least 15 minutes).

document security systems (DSS) Snapshot

Open
$0.43
Previous Close
$0.43
Day High
$0.44
Day Low
$0.41
52 Week High
03/11/14 - $1.87
52 Week Low
01/6/15 - $0.28
Market Cap
19.9M
Average Volume 10 Days
94.3K
EPS TTM
$-0.16
Shares Outstanding
45.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for DOCUMENT SECURITY SYSTEMS (DSS)

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document security systems (DSS) Details

Document Security Systems, Inc. develops, manufactures, markets, and sells paper and plastic products to protect information from unauthorized scanning, copying, and digital imaging in the United States and internationally. It operates through four segments: DSS Packaging and Printing Group, DSS Plastics Group, DSS Digital Group, and DSS Technology Management. The DSS Packaging and Printing Group segment produces custom paperboard packaging products for use in the pharmaceutical, beverage, photo packaging, toy, specialty foods, direct marketing, and other industries. This segment also offers a range of printed materials, including security paper, vital records, prescription paper, birth certificates, receipts, manuals, identification materials, entertainment tickets, secure coupons, parts tracking forms, brochures, direct mailing pieces, catalogs, business cards, etc. The DSS Plastics Group segment provides laminated and surface printed cards comprising magnetic stripes, bar codes, holograms, signature panels, invisible ink, micro fine printing, guilloche patterns, biometric, radio frequency identification, and watermarks for printed plastic documents, such as such as ID cards, event badges, and driver’s licenses. The DSS Digital Group segment offers data center centric solutions to businesses and governments delivered through the cloud. This segment also develops, markets, and sells digital information services, including data hosting, disaster recovery, and data back-up and security services. The DSS Technology Management segment acquires or internally develops patented technology or intellectual property assets. Document Security Systems, Inc. sells its anti-counterfeiting products and technologies under the AuthentiGuard brand name. The company was formerly known as New Sky Communications, Inc. and changed its name to Document Security Systems, Inc. in July 1992. Document Security Systems, Inc. was founded in 1984 and is based in Rochester, New York.

108 Employees
Last Reported Date: 03/26/14
Founded in 1984

document security systems (DSS) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $137.3K
President and Director
Total Annual Compensation: $367.3K
Chief Financial Officer
Total Annual Compensation: $146.2K
Chief Operating Officer and Director
Total Annual Compensation: $98.1K
Compensation as of Fiscal Year 2013.

document security systems (DSS) Key Developments

Document Security Systems, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter Ended September 30, 2014; Reports Impairment of Intangible Assets and Investments for the Third Quarter of 2014

Document Security Systems, Inc. reported unaudited consolidated earnings results for the third quarter ended September 30, 2014. For the quarter, the company's revenue increased 17% to $4,964,000 from $4,250,000 in the same year-ago quarter. The increase was primarily driven by a 22% increase in printed product revenue, which includes sales of packaging, printing and plastics, to $4,489,000 from $3,672,000 in the same year-ago period. Revenue growth was offset by an 18% decrease in technology sales, services and licensing revenues to $475,000 from $578,000 in the year-ago period. Adjusted LBITDA was $362,000 compared to $556,000 in the same year-ago period. The improvement reflected the increase in sales and cost control initiatives. Net loss to common shareholders was $8,069,000 or $0.19 per basic and diluted share, as compared to net income to common shareholders of $6,462,000 or $0.15 per basic and diluted share in the third quarter of 2013. The increased net loss was primarily due to the $11,800,000 impairment charge, of which $4.7 million was attributable to a 40% non-controlling interest held by another entity, related to DSS' investment in the intellectual property of VirtualAgility. Operating loss was $13,699,000 against $2,661,000 a year ago. Loss before income taxes was $13,769,000 against $2,743,000 a year ago. For the nine months, the company reported total revenue of $13,475,000 against $12,299,000 a year ago. Operating loss was $18,856,000 against $5,562,000 a year ago. Loss before income taxes was $19,158,000 against $5,791,000 a year ago. Net loss to common shareholders was $13,468,000 or $0.32 per basic and diluted share against net income to common shareholders of $3,405,000 or $0.12 per basic and diluted share a year ago. Net cash used by operating activities was $1,580,810 against $1,920,473 a year ago. Purchase of equipment and building improvements was $257,764 against $321,230 a year ago. Purchase of intangible assets was $1,216,063 against $2,557,825 a year ago. Adjusted LBITDA was $2,077,000 against $1,127,000 a year ago. For the third quarter of 2014, the company reported impairment of intangible assets and investments of $11,750,000 against $517,000 a year ago.

David Klein Resigns as Member of Board of Directors of Document Security Systems

On October 31, 2014, David Klein resigned as a member of the Board of Directors of Document Security Systems, Inc. Mr. Klein's resignation was not related to any disagreement with the Company on any matter relating to its operations, policies or practices.

Document Security Systems, Inc. to Report Q3, 2014 Results on Nov 13, 2014

Document Security Systems, Inc. announced that they will report Q3, 2014 results at 5:00 PM, Eastern Standard Time on Nov 13, 2014

 

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DSS

Industry Average

Valuation DSS Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.0x
Price/Book 0.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.5x
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