Decisionpoint Systems, Inc. (AMEX:DPSI) Q2 2023 Earnings Call Transcript

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And if you take a look at our criteria, I don’t mean to pound the table on this one, but I spend a lot of time on culture. We do. We, as a company, spend a lot of time on making sure there’s a cultural fit. And I will tell you categorically, there is a great cultural fit between the leadership teams of both companies and all other associates, I might add.

Howard Halpern : Okay. And just one final question. If you have a number, approximate number, what would you estimate the earn-out payment might be to MIS in the second half of the year?

Steven Smith : Melinda, you want to take a stab on that? I don’t think we do it by half a year, but we say for the full fiscal year, which will end March 31. Why don’t you pick up on that, Melinda?

Melinda Wohl : Correct. Yes. Howard, it is approximately we estimate about $6 million based on their performance or estimated performance. And we will continue to monitor that through the end of that period and potential changes at that time.

Operator: [Operator Instructions] There are no more questions at this time. I would like to turn the conference back over to Steve for a brief closing comment.

Steven Smith : Yes. Just I want to use this time to commend and compliment every associate that is in this company. Without them and their persistence, their dedication and professionalism, we would have never been able to deliver on these results. And I know I’ve said that before, but now more than ever, acting as one, one company, one culture, one team, we will continue to exercise and execute against our business plan for the year. And now it’s a combined consolidated business plan. So I just want to make sure I end the call with a big shout out and a compliment and a big thank you to every associate that had a hand in helping this company deliver on these results. Thank you.

Operator: Thank you. This will conclude today’s conference. You may disconnect your lines at this time and thank you for your participation.

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