TORONTO, Nov. 28, 2024 /CNW/ – Dye & Durham Limited (“Dye & Durham” or the “Company“) (TSX: DND) today provided second quarter fiscal 2025 (“Q2 FY2025“) guidance, forecasting its best quarter to date.
Based on the continued success of the Company’s organic growth initiatives, management is pleased to provide Q2 FY2025 revenue guidance of $120-125 million. Management also expects to report an Organic Revenue Growth Rate3 of 6-10% for Q2 FY2025.
“Dye & Durham is delivering on its commitment to investors and generating impressive and record-setting results. The management team’s strategy has worked to transition our revenue model to a more predictable contracted revenue, and to capitalize on organic growth opportunities such as cross-selling,” said Matthew Proud, CEO of Dye & Durham.
“While the events of the past few quarters have imposed an unnecessary distraction on our business, our team has remained focused on executing against our Value Creation Plan, which can be seen in the $50 million annual revenue growth we have delivered on. Our financial profile underscores the strength of our strategy and the quality of our board of directors and management team,” continued Mr. Proud.
The Company will also host an Investor Briefing event (the “Briefing“) on the afternoon of December 10, 2024, to provide shareholders with an update on the Company’s progress and strategic execution of its recently published ‘Value Creation Plan’. The Briefing will also include a question and answer session. Investors are invited to attend in person or access the Briefing from the Events section on the Investors page of its website.
Details on the Value Creation Plan, which is focused on continuing to drive driving sustainable long-term value for all stakeholders, can be found in the Investors section of the Company’s website and on SEDAR+ under the Company’s profile at www.sedarplus.ca.
Dye & Durham Limited provides premier practice management solutions empowering legal professionals every day, delivers vital data insights to support critical corporate transactions and enables the essential payments infrastructure trusted by government and financial institutions. The company has operations in Canada, the United Kingdom, Ireland, and Australia.
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