This note serves to provide a brief update on DCM as a follow-on to the in-depth note I published on June 12, 2018.
Recent industry checks and discussions with management suggest current business trends are progressing similarly to the last two quarters so DCM's 2Q2018 should mark the third consecutive quarter in which the turnaround strategy manifests itself in the company's reported results.
Second quarter is a seasonally slower quarter and I believe this year was no different. I would expect continued year-on-year growth driven by new customer ramp, acquisitions and offset partially by manageable