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Pivot Technology Solutions Inc. T.PTG

"Pivot Technology Solutions Inc offers IT solutions to businesses, government, education, and healthcare organizations. It operates through the following segments: ACS, ARC, ProSys, Sigma, TeraMach, Shared services. The company derives the maximum revenue from the ProSys segment which sells storage, server, and IT infrastructure consulting solutions to enterprises. Geographically, it derives majority revenue from the United States and also has a presence in other countries."


TSX:PTG - Post by User

Post by Altman1979on Mar 30, 2020 5:12pm
194 Views
Post# 30861791

Looks like a nice beat vs 0.35 EPS expectation

Looks like a nice beat vs 0.35 EPS expectation

FOURTH QUARTER OVERVIEW

 -- Revenue was $307.2 million, compared to $301.6 million in Q4 2018 -- Gross profit was $42.9 million, compared to $42.5 million in Q4 2018 -- Gross profit margin was 14.0%, compared to 14.1% in Q4 2018 -- Adjusted EBITDA(1) increased 56.2% to $7.5 million(2), compared to $4.8 million in Q4 2018 -- The Company recognized a pre-tax gain of $22.3 million on the Smart Edge sale -- Net income attributable to shareholders was $16.3 million, compared to $0.5 million in Q4 2018 -- Diluted earnings per share ("EPS") was $0.41 in Q4 2019, compared to $0.01 in Q4 2018
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