Acumen Capital (from yesterday)Sylogist Ltd. a Calgary-based IT service management company, was narrowly lower after its fourth-quarter 2020 results, released before the bell, fell short of the Street’s forecast.
In a research note, Acumen Capital equity analyst Jim Byrne said: “While the Q4 results were below our expectations, we believe most investors should look past these financials as SYZ embarks on its path to higher growth in 2021 and beyond with new CEO Bill Wood at the helm. Mr. Wood joined the company just over a month ago, long after the end of Q4 in September.”