Bullboard - Stock Discussion Forum Pivot Technology Solutions Inc. T.PTG

Technology

"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... see more

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Pivot Technology Solutions Inc. > Financial results

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Post by Trytobelong on Mar 27, 2017 7:00pm

Financial results

https://www.pivotts.com/release/?id=122551

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Comment by cqfd on Mar 27, 2017 7:06pm

"In 2016, fourth quarter net income was $2.9 million or $0.06 per share." :-) CQFD

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Comment by cqfd on Mar 27, 2017 7:18pm

(Excluding the revenues, costs and EBITDA of GTS) CQFD

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Comment by kulewater on Mar 27, 2017 7:19pm

Financials are a bit of a mixed bag. Which is expected as they are pivoting from losing GTS and over to their new acquisition Tera. There are going to be a few growing pains as they straighten things out and put their plan into execution mode. Dividend is again reaffirmed by the board. NCIB / Buyback is still full throttle. Revenues are up.. backdrop is healthy and the company has lots of ...more

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Pivot Technology Solutions Inc.