DSS jumps on sale of Celios air purification business
DSS Sells Asset: Document Security Systems (DSS) has sold its Celios air purification asset to Impact BioMedical (IBO) in an all-equity deal valued at approximately $1.15 million.
Market Reaction: Following the announcement, DSS shares increased by 5.65% in premarket trading, reaching a price of $0.9932.
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DSS, Inc. Reports Strong Q1 2025 Financial Performance, Setting the Stage for Strategic Growth
Financial Performance: DSS, Inc. reported a 28% year-over-year revenue growth in Q1 2025, driven by increased sales in printed products and rental income, alongside significant debt reduction and improved operating cash flow.
Strategic Focus: The company is committed to streamlining operations and enhancing shareholder value, with plans for continued development and potential mergers and acquisitions as it positions itself for growth in the latter half of 2025.
