Popular on EntSun
- Female Motorsports Sponsorship & Expansion; Acquisition Agreement of UAE-Based Sports Incubator by Online Lottery & Sports Game Provider: Lottery.com - 233
- Experience Trembling Firsthand with the New AgeMan® Tremor Simulator - 216
- WOA Entertainment Group Unveils Independent No.1's: Breakthrough Artists II —A Celebration of Indie Excellence - 214
- Edtech Startup Young Commanders Launches 'Visionaries Without Sight' Collection Celebrating Blind and Visually Impaired Historical Figures - 208
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement - 175
- Let's Talk Series: At the Crossroads: Immigration Today - 156
- Token-Operated Sake Service Opens at Tobu Nikko Station - 126
- Honoring Black History, Culture, and Community in Fall River - 123
- databahn Launches GenAI Sales Intelligence Platform to Revolutionize Fortune 500 and Global 2000 Account Research - 111
- BillBoards Inc. Hits the Road with God Bless America Tour and Reality Series Now Streaming on Tubi TV - 110
Similar on EntSun
- West Dentistry Welcomes New Oral Surgeon to Enhance Patient Care
- Skyline Partners with ZenSpace to Offer Private Meeting Pods for Trade Show Exhibitors
- Construcción del Corredor Norte–Sur (NSC) de Singapur
- Eolian Signs New Information Exchange Agreement with the U.S. Department of Defense for Technology Innovation
- Hire Virtue Announces Executive Sponsorship Opportunity for Houston Hiring Blitz & Job Fair on August 6, 2025
- AI-Based Neurotoxin Countermeasure Initiative Launched to Address Emerging National Security Needs: Renovaro, Inc. (N A S D A Q: RENB)
- Franco Polished Plaster Celebrates 35 Years of Bringing Walls to Life in the UK
- Make Innovation Matter: Support H.R.1's R&D Expensing Relief for American Small Businesses
- Agreement to Supply US-Based Defense Provider with Thin-Film Solar Tech for Orbital Application; Ascent Solar Technologies, Inc. (N A S D A Q: ASTI)
- Byrd Davis Alden & Henrichson Launches Independence Day Safe Ride Initiative with 500 Free Uber Credits
Dynamic Design Solutions® Reports "Record Breaking" Second Quarter and H1 2022 Results
EntSun News/10944917
CHARLOTTE, N.C. - EntSun -- Dynamic Design Solutions, Inc., a leading global provider of custom automation and robotic solutions to customers in the CPG, life sciences, medical device, automotive, power & energy and manufacturing industries, today reported "Record Breaking" financial results for the second quarter and first half of the 2022 Fiscal Year. "After achieving record operating performance in 2021, we are off to a very strong start in 2022. Our associates are doing a tremendous job serving our customers as demand in the manufacturing industry remains strong. I am pleased that our strong operating results and sales growth are enabling us to further strengthen our company for continued growth," said Adam P. Crandall, Chief Revenue Officer and Vice President.
"DDS delivered another strong quarter with above plan performance on all key financial & sales metrics, reflecting strong momentum across our key markets, further executing our operating plan and continuing to drive value aligning with our long-term growth strategy. We credit our strong performance to our unique company culture and the contributions of our associates. We also recently entered into a strategic partnership with Automation Intellect, LLC a leading provider of "Industry 4.0" and "Machine Visibility" solutions. This partnership will further strengthen the custom automation solutions DDS provides and will differentiate DDS further from other custom machine builders within the industry. The 2022 FY continues to be yet another year that we have delivered solid growth to our stakeholders and our outlook remains strong going into the remainder of the year," said Michael Caldwell, President and Chief Operating Officer of Dynamic Design Solutions.
More on EntSun News
"Following an outstanding year with more than 80% YOY growth, DDS will continue to execute our long-term growth strategy with ongoing investments in sales, engineering, applications and infrastructure. We remain focused on meeting the evolving needs of our customers and enabling manufacturing breakthroughs that create value for all stakeholders. We also experienced our best quarter on record as it relates to both top line sales and organic sales growth, shattering prior fiscal quarters over the course of our twenty-four-year history. As we approach the key summer selling season, we are positioned well to support further growth and continue to expand our market share. I want to personally thank all DDS associates for their outstanding contributions to advancing today's manufacturing industry and solving some of the most complex challenges currently present," Adam Crandall, Chief Revenue Officer and Vice President concluded.
Second Quarter & Mid-Year 2022
For the three months ended June 30, 2022, net sales increased 124%, compared to the second quarter of 2021. The net sales increase was a direct result of organic sales growth, which resulted in 100% of our growth experienced in the second quarter. For the six months ended June 30, 2022, net sales increased 85%, compared to the first half of 2021. Halfway through the 2022 FY, DDS acquired new customers at its fastest pace, generating 65% of all sales from new customer acquisition.
More on EntSun News
About Dynamic Design Solutions
Dynamic Design Solutions, Inc is a full-service design & build automation resource for the Industrial, Life Sciences, Consumer, Food and Beverage, Automotive and Power Industries. Headquartered in Charlotte, N.C., DDS was founded in 1998 by Brad and Stacey DeMarco. For more information about Dynamic Design Solutions, please visit http://www.dynamicdesignsolutionsinc.com
"DDS delivered another strong quarter with above plan performance on all key financial & sales metrics, reflecting strong momentum across our key markets, further executing our operating plan and continuing to drive value aligning with our long-term growth strategy. We credit our strong performance to our unique company culture and the contributions of our associates. We also recently entered into a strategic partnership with Automation Intellect, LLC a leading provider of "Industry 4.0" and "Machine Visibility" solutions. This partnership will further strengthen the custom automation solutions DDS provides and will differentiate DDS further from other custom machine builders within the industry. The 2022 FY continues to be yet another year that we have delivered solid growth to our stakeholders and our outlook remains strong going into the remainder of the year," said Michael Caldwell, President and Chief Operating Officer of Dynamic Design Solutions.
More on EntSun News
- New Release: 'The Invisible Alternative' Unveiled by Atrisk Corporation, Resilient
- Couture By Elesia Reclaims The Runway Of Everyday Life With Bold Return And New Hiya Sunshine Line
- BillBoards Inc. Hits the Road with God Bless America Tour and Reality Series Now Streaming on Tubi TV
- Cynthia Pinot Among Artists Selected for Renowned London Art Biennale 2025
- Real Estate Experts Highlight Jersey Shore as a Smart Buy in 2025
"Following an outstanding year with more than 80% YOY growth, DDS will continue to execute our long-term growth strategy with ongoing investments in sales, engineering, applications and infrastructure. We remain focused on meeting the evolving needs of our customers and enabling manufacturing breakthroughs that create value for all stakeholders. We also experienced our best quarter on record as it relates to both top line sales and organic sales growth, shattering prior fiscal quarters over the course of our twenty-four-year history. As we approach the key summer selling season, we are positioned well to support further growth and continue to expand our market share. I want to personally thank all DDS associates for their outstanding contributions to advancing today's manufacturing industry and solving some of the most complex challenges currently present," Adam Crandall, Chief Revenue Officer and Vice President concluded.
Second Quarter & Mid-Year 2022
For the three months ended June 30, 2022, net sales increased 124%, compared to the second quarter of 2021. The net sales increase was a direct result of organic sales growth, which resulted in 100% of our growth experienced in the second quarter. For the six months ended June 30, 2022, net sales increased 85%, compared to the first half of 2021. Halfway through the 2022 FY, DDS acquired new customers at its fastest pace, generating 65% of all sales from new customer acquisition.
More on EntSun News
- Slipaway Food Truck Park & Marina announces opening weekend July 4-6
- 16-Year-Old Entrepreneur Discovers All-Natural Skincare Breakthrough That Works in Just 48 Hours
- Collision Course Concert Series Returns to Atlanta
- $18 Price Target Issued in New Research Report After $34 Million Revenue Forecast from Acquisition; $101.5 Million Net Revenue in 2025; NAS DAQ: IQST
- West Dentistry Welcomes New Oral Surgeon to Enhance Patient Care
About Dynamic Design Solutions
Dynamic Design Solutions, Inc is a full-service design & build automation resource for the Industrial, Life Sciences, Consumer, Food and Beverage, Automotive and Power Industries. Headquartered in Charlotte, N.C., DDS was founded in 1998 by Brad and Stacey DeMarco. For more information about Dynamic Design Solutions, please visit http://www.dynamicdesignsolutionsinc.com
Source: Dynamic Design Solutions, Inc
0 Comments
Latest on EntSun News
- AI Innovation Dual-Strategy Business Model Focused on Real Estate Development for Strategic Expansion: OFA Group, (N A S D A Q: OFAL)
- Construcción del Corredor Norte–Sur (NSC) de Singapur
- New Report: Slip and Fall Accidents Rank as the Leading Cause of Construction Site Fatalities
- Get Your Cowboy Boots On! Causeway Country BBQ Music Festival Kicks Off September 12–14 in Ft. Pierce
- Retired Hobbyist Launches Bold Weekly Album Project Using AI Songwriting Tools
- DimHum Launches Revolutionary CrowdShipping Service
- Eolian Signs New Information Exchange Agreement with the U.S. Department of Defense for Technology Innovation
- Jekale (JK) Debuts R-B Single "Jungle" Inspired by Fashion, Storytelling, and Self-Discovery
- Favorite Wedding Décor Ideas to Inspire Your Big Day: From Vision to Venue
- Infinite Health Introduces Cutting-Edge Regenerative Medicine for Wound Care with Trip Goolsby, MD
- Riser Music's LYKN Adds India, Mexico & U.s. Dates To "unleashed" World Tour
- A Theatrical Experience Like No Other: "A Praying Mama, A Rebellious Son" Comes August 30
- Prolific Hollywood Actor Phillip E. Walker-MFA is Experiencing His Best Year of Employment Ever
- Top Dentist Concord CA, Smile Makers Dental Care, Celebrates 500 5-Star Reviews
- Bio-Inspired Technology-Dynamic and Adaptable for unknown real-world environments
- ALIVE and KICKING: LAUGHTER NEVER GETS OLD has its World Premiere July 11-20 in St. Charles, IL
- Michael Reafsnyder opens solo exhibition at Scott Richards Contemporary Art in San Francisco
- Valley Sleep Therapy Expands to Prescott with New Location at Crossings Road
- Live Courageously Hosts Ann-Marie Murrell, Author, Journalist, Former Political Commentator
- $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments