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Converge Technology Solutions Corp CTSDF


Primary Symbol: T.CTS

Technology Information Technology Services
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

Converge Technology Solutions Corp > New Press Release - Converge Reports Preliminary Third Quarter 2024 Results
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Comment by retiredcfon Oct 24, 2024 7:24am
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Post# 36279775

RE:New Press Release - Converge Reports Preliminary Third Quarter 2024 Results

RE:New Press Release - Converge Reports Preliminary Third Quarter 2024 ResultsPretty much as she predicted. GLTA

CIBC World Markets analyst Stephanie Price warned the calendar third quarter normally is “seasonally slower” for the majority of Canadian software and services companies....“As we approach the end of calendar 2024, we have yet to see a material improvement in the demand environment. At this point, the weaker environment appears mostly baked in, with a number of our SaaS names reducing F2024 guidance with Q2 results.


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