Constellation Software Inc T.CSU

Alternate Symbol(s): CNSWF | T.CSU.DB

Technology Software - Application

Constellation Software Inc. is a provider of software and services to a select group of public and private sector markets. The Company acquires, manages, and builds vertical market software (VMS) businesses, which provide specialized, mission-critical software solutions that address the specific needs of its customers. It is engaged principally in the development, installation, and customization of software as well as in the provisioning of related professional services and support for customers globally. It sells on-premises software licenses on both a perpetual and specified-term basis. It has six operating groups, which service customers in over 100 different markets around the world. The six operating groups include Volaris, Harris, Topicus, Vela, Jonas, and Perseus Group. The Company operates offices in North America, Europe, Australia, South America and Africa.

TSX:CSU - Post by User

Constellation Software Inc

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Post by lotus1on Feb 14, 2018 7:54pm

188 Views

Post# 27561901

WOW !!!!!!! Blow Out Earnings !!!

CSU reported EPS of $6.88, ahead of estimates of $6.25. Revenue at $688 mln was also ahead of estimates of $665 mln. Organic growth was 8% (5% currency adjusted).

Cash flows from operations were $163 million, an increase of 22%, or $29 million, compared to $134 million for the comparable period in 2016.

Analaysts already have price targets in $850-$900 range.
Should see upgrades after CC.

GLTA

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