Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Converge Technology Solutions Corp T.CTS

Alternate Symbol(s):  CTSDF

Converge Technology Solutions Corp. is a services-led, software-enabled, information technology (IT) and cloud solutions provider. Its global approach delivers advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. It supports these solutions with advisory, implementation, and managed services across all IT vendors in the marketplace. Its segments include Converge Hybrid IT Solutions (Converge), and Portage Software-as-a-Solution (SaaS) Solutions. Converge is focused on delivering advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, digital workplace, and managed services offerings and provision of hardware and software products and solutions to clients across various industries and organizations. SaaS is focused on digital transactions between individuals, businesses, and government organizations.


TSX:CTS - Post by User

Post by retiredcfon Nov 09, 2022 10:41am
231 Views
Post# 35085235

More Comments

More CommentsIt would be one thing if the SP had remained stable as it waited for the results, but this does not seem to warrant the savaging that has occurred in the past few weeks. No doubt there are more games being played but never was the saying more true that the market can remain irrational longer than the investor can remain solvent. GLTA

The quarter was mixed; EPS was a nice beat at 10c vs 8c expected. Sales of $603M were slightly below estimates of $610M. EBITDA of $31M was 12% light. EBITDA rose 31%. The company referenced 'high demand' several times in a generally bouyant commentary. Net revenue rose 64%, EPS rose 43%. But backlog did slip somewhat. (5iResearch)

 

<< Previous
Bullboard Posts
Next >>