RE:Quick reviewBy coincidence, Scotia's analyst published a Q2 review for the tech service sector. Most estimates trimmed due to cautious spend from customers.
For Converge, Q2 Revenue estimate is $639.9 million (previously $656.5 mm estimate).
Net income becomes a loss of $1.4 million (prev. income of $5.6 million).
Adjusted net income is $21.3 mm (prev $28.5 mm).
Admittedly, most people who look at this sector don't pay much attention to net losses. They tend to "adjust" their way to whatever point of view they want to see.