Dataram Due Diligence Report - BrokerBank Securities, Inc.

NEW YORK, Sept. 25, 2015 /PRNewswire/ -- Dataram Corporation (NASDAQ: DRAM) a leading independent manufacturer of memory products and provider of performance solutions recently reported that it received formal notification from the NASDAQ that the Company has cured its deficiencies and regained compliance with all applicable listing standards.  The Company will continue to be listed on NASDAQ and the listing qualification matters previously disclosed by the Company have been closed.

Additionally, the company recently released Q1 2015 financial results for the quarter ended July 31, 2015. Highlights from the financial statements are below:

• Summary numbers: Revenues of USD 7.34 million, Net Earnings of USD -0.12 million, and Earnings per Share (EPS) of USD -0.06.
• Gross margins widened from 14.02% to 18.39% compared to the same quarter last year, operating (EBITDA) margins now -0.42% from -6.91%.
• Year-on-year change in operating cash flow of -207.61% is about the same as the change in earnings, likely no significant movement in accruals or reserves.
• Earnings growth from operating margin improvements as well as one-time items

Results are mediocre but show their true color when viewed on an annual basis. The company requires significant change to get back to profitability.

For a more detailed research report with analyst comments and recommendation on Dataram Corporation please follow the link. There is no cost obligation required to view the due diligence report.

http://bit.ly/-DRAM_Due_Diligence

About Dataram Corporation

Dataram Corporation develops, manufactures, and markets memory products primarily used in enterprise servers and workstations worldwide. It provides customized memory solutions for original equipment manufacturers (OEM); and compatible memory for various brands, as well as a line of memory products for Intel and AMD motherboard based servers. The company also offers various memory solutions services, including performance optimization; engineering and design services for embedded applications; proof of concept engagements; customized consignment programs; product on-demand offerings; installation services; software products that improve application and computing performance; and buy-back programs. It also operates Memorystore.com and 18004Memory.com that provide a one-stop Web source for memory products used in desktops, laptops, notebooks, servers, workstations, MAC systems, printers, digital cameras, PDAs, MP3 players, and others. The company offers its products to a network of distributors, resellers, retailers, OEM customers, and end users. Dataram Corporation was founded in 1967 and is headquartered in Princeton, New Jersey.

Forward-Looking Disclaimer

This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.  

Compliance Procedure   

Content is researched, written and reviewed on a best-effort basis. This release and report was prepared for informational purposes only.  Affiliated parties involved with producing and issuing this release have not been compensated in any form by any source.  A full disclaimer can be found by viewing due diligence. We are only human and may make mistakes. If you notice any errors or omissions, please notify us below.

A full disclaimer can be found by viewing the full analyst report.

BrokerBank receives a very nominal fee to publish this report.

BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.

SOURCE BrokerBank Securities, Inc.

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