logo
DSS, Inc. Reports Strong Q1 2025 Financial Performance, Setting the Stage for Strategic Growth

DSS, Inc. Reports Strong Q1 2025 Financial Performance, Setting the Stage for Strategic Growth

NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) -- DSS, Inc. (NYSE American: DSS), a multinational company operating across diverse industries including packaging, real estate, and biomedical innovation, today announced financial results for the first quarter of 2025, highlighting meaningful progress in its financial repositioning and a strong foundation for corporate execution in the coming quarters.
In a quarter focused on streamlining operations and financial discipline, DSS delivered significant improvements in key financial metrics:
'These results show clear, measurable progress in the financial realignment strategy we launched earlier this year,' said Jason Grady, CEO of DSS, Inc. 'In my January letter to shareholders, I outlined the urgent need to cut inefficiencies, strengthen our balance sheet, and lay the groundwork for sustained growth. This quarter proves that work is paying off. As we continue to streamline operations, we're now turning our attention toward execution in our core verticals and identifying smart, accretive opportunities that will drive long-term value. The foundation is in place and now we're building on it.'
The Company plans to continue to showcase measurable results from initiatives in development, operations, and M&A activity as the year progresses. With a renewed focus on high-potential business units and capital allocation, DSS is positioning itself for a dynamic second half of 2025 and beyond.
To read the 2025 CEO shareholder letter, visit: investors.dssworld.com
Forward-looking Statements:
The foregoing material may contain 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company's product development and business prospects, and can be identified by the use of words such as 'may,' 'will,' 'expect,' 'project,' 'estimate,' 'anticipate,' 'plan,' 'believe,' 'potential,' 'should,' 'continue' or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the security laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.
About DSS, Inc.:
DSS, Inc. (NYSE American: DSS) is a multinational company operating businesses across multiple high-growth sectors. DSS focuses on creating, acquiring, and investing in innovative companies that drive sustainable value for its shareholders.
For investor and media inquiries or additional information, please contact:
DSS, Inc. Investor Relations
Email: [email protected]
Phone: +1 (585) 565-2422

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

MLS players' union says dispute over Club World Cup compensation is ongoing
MLS players' union says dispute over Club World Cup compensation is ongoing

Associated Press

time36 minutes ago

  • Associated Press

MLS players' union says dispute over Club World Cup compensation is ongoing

Major League Soccer and its players' union remain at odds over compensation for the players with the three MLS teams taking part in the Club World Cup. The Seattle Sounders, LAFC and Inter Miami are the only MLS clubs among the 32 teams playing in the Club World Cup, which starts Saturday. Each team will earn $9.55 million as a club for participating in the tournament, with a chance to win additional prize money based on performance. The Major League Soccer Players Association said Sunday that the league issued a proposal Friday that did not include any additional participation bonuses for the players and offered 'below-standard' back-end compensation. The union also said the league asked for unrelated concessions to the collective bargaining agreement. Currently, there is a provision of the collective bargaining agreement that caps the amount of prize money that can go to players at $1 million. The MLSPA believes the players are entitled to a bigger share of the funds. 'The timing, substance and retaliatory nature of the proposal sends a clear message: MLS does not respect or value players' efforts with regard to this tournament,' the MLSPA said in statement Sunday. 'Although not surprised, the players and the MLSPA are deeply disappointed by this message.' Major League Soccer issued a statement Sunday to clarify its position. 'As the Seattle Sounders FC, Inter Miami CF, and the Los Angeles Football Club prepare to compete in the upcoming FIFA Club World Cup, Major League Soccer has agreed to voluntarily provide additional performance-based compensation to players from the three participating clubs,' the league said. 'MLS has proposed an enhanced structure for the Club World Cup to reward both participation and competitive achievement in the tournament. In addition to the guaranteed $1 million per team for qualifying, 20 percent of all prize money earned from the group stage onward would be allocated to players. If an MLS club wins the Club World Cup, its players could collectively receive more than $24 million in performance bonuses.' The statement went on to say that MLS owners believe that performance-based incentives are appropriate given the expanded format and increased prize pool for the tournament. 'The League values the continued dedication and commitment of its players and looks forward to supporting them as they represent their clubs -- and Major League Soccer -- on the global stage this summer.' The talks between the two sides were ongoing. Last weekend, the Seattle Sounders called attention to the issue by wearing T-shirts before a match that read 'Club World Cup Ca$h Grab.' On Sunday, a number of players posted the hashtag #FairShareNow, including Sounders goalkeeper Stefan Frei and LAFC center back Aaron Long. 'The players remain unified in using their collective voice and demanding a fair share of the rewards earned from their hard work,' the union said. The Club World Cup features an expanded field of club teams from around the globe and will be played across 11 U.S. cities. ___ AP soccer:

Ram to enter trucks in 2026 with possible future move to Cup for Dodge
Ram to enter trucks in 2026 with possible future move to Cup for Dodge

Fox News

timean hour ago

  • Fox News

Ram to enter trucks in 2026 with possible future move to Cup for Dodge

BROOKLYN, Mich. — Dodge parent company Stellantis will enter NASCAR racing in 2026 with its Ram brand competing in the NASCAR Craftsman Truck Series with an eye toward going Cup racing in the years beyond. Whether that's 2027 or later — 2027 is possible but would be an aggressive timeline — remains to be seen as the announcement Sunday focused primarily on the truck, a much easier lift than going Cup racing. With all trucks in the series using an Ilmor engine and several common body elements, Ram just needed to design a nose, a hood, front fenders and a tail for its racing vehicle. Ram did not announce who will drive its trucks nor the teams that will field its trucks. Ram CEO Tim Kinuskis said he hopes to have somewhere between four and six trucks for the 2026 season opener at Daytona. "We're looking for a date to the prom right now [for trucks]," Kinuskis said. "So how am I going to get the Cup? That's going to depend on how I get to truck. So however we get to truck is going will obviously weigh heavily on do I have a path to Cup? "Our intention is not to do a one-hit wonder and go to truck and not to Cup. That's not our plan." Ram does not have cars so what brand of car — Dodge? Plymouth's possible rebirth? — is still to be determined although Dodge has a lengthy history in the sport and motorsports as a whole. "Ram is coming back to the truck series," Kinuskis said. "It has nothing to do with Dodge, despite the fact that everyone in the world calls it Dodge Ram. ... If we go back to Cup, which is our intention, Ram doesn't have a car, so obviously that would have to be Dodge coming back. "But I'm not making that announcement. I'm not saying Dodge is back. Don't put that headline. But when we get to that point, it wouldn't be Ram, obviously." There is speculation in the industry that GMS, which has competed in all three national series over the last decade and was eventually bought out by Jimmie Johnson in the rebranding to Legacy Motor Club, will be involved in building chassis and/or fielding trucks for Ram. Kinuskis promised a program that will elevate fan engagement, and YouTube star Cleetus McFarland, who has competed in some ARCA races, has been linked to the Ram program. Dodge had Cup teams from 2001-12 before exiting the sport on a high note with Brad Keselowski winning a Cup title at Team Penske. When Penske left for Ford, Dodge had trouble landing a premier team and opted to leave the sport. No new manufacturer has entered the sport since Toyota did so in 2004 in trucks and 2007 in Cup. Kinuskis also said when he returned to Ram earlier this year, his two goals were to reintroduce the Hemi engine and get into NASCAR, where 50 percent of its fan base own trucks. "It's always bothered me," Kinuskis said. "We've always been looking for a way to get back. It took us a long time to find the absolute right time." To re-enter Cup would take some engine development and significant body design, a process that would take at least 18 months, NASCAR Chief Racing Development Officer John Probst said. "The last time that engine ran was 2012 — the core components of the block, the head, the manifold, are all still relevant," Probst said. "Our existing engine builders develop their engines every year. There's been a gap there, so there'd be some development of that engine needed. "But from the basic building blocks they could start from that and do some catch-up development." Kinuskis wouldn't talk about a timeline Sunday for going to Cup racing. "Our full intention is to be back in Cup," Kinuskis said. "But right now we're on a path for Daytona next year with truck, with our eye on when we can be in Cup after that. TBD. "We're a fly with no net right now trying to get to Daytona. That's our focus right now." Keselowski, currently a driver and co-owner at RFK Racing, said the trucks are the right entry point for a manufacturer as it doesn't have to immediately get an engine available and because of the parity in the series. "[The truck series] is a great place for an OEM [original equipment manufacturer] to enter NASCAR and really kind of get that appetite going for the Cup Series," Keselowski said. "It's a big jump from the truck series to the Cup Series, but nonetheless it's a great entry point for OEMs, and hopefully they aren't the only one that will enter the truck series." Bob Pockrass covers NASCAR and IndyCar for FOX Sports. He has spent decades covering motorsports, including over 30 Daytona 500s, with stints at ESPN, Sporting News, NASCAR Scene magazine and The (Daytona Beach) News-Journal. Follow him on Twitter @bobpockrass.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store