Converge Technology Solutions Corp.

CTS

CA21250C1068

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.

Sector

IT Services & Consulting

Calendar

2024-06-19 - Annual General Meeting

More about the company

Income Statement Evolution

More financial data

Ratings for Converge Technology Solutions Corp.

Trading Rating

Investor Rating

ESG Refinitiv

C-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

5.08 CAD

Average target price

6.886 CAD

Spread / Average Target

+35.56%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other IT Services & Consulting

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IBM	+4.49%	157B
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RELX PLC	+13.18%	83.75B
CROWDSTRIKE HOLDINGS, INC.	+37.66%	85.01B
INFOSYS LIMITED	-5.04%	73.04B
SNOWFLAKE INC.	-21.53%	52.32B
HCL TECHNOLOGIES LIMITED	-8.25%	43.86B

Other IT Services & Consulting

Market Closed - Toronto S.E. Other stock markets 16:00:00 2024-05-24 EDT			5-day change	1st Jan Change
5.08 ^CAD	+2.21%		-3.24%	+22.71%

05-09	Converge Technology Solutions Brief: Keeps Outperform Rating But Target Lifted To C$7 From $6 at National Bank On "Another Quarter of Strong Cash Flows"	MT
05-09	Toronto Stocks Advance as Earnings Season Gathers Pace	DJ

Converge Technology Solutions Brief: Keeps Outperform Rating But Target Lifted To C$7 From $6 at National Bank On "Another Quarter of Strong Cash Flows"	05-09	MT
Toronto Stocks Advance as Earnings Season Gathers Pace	05-09	DJ
Converge Technology Solutions Loses 10% as Q1 Adjusted Earnings Fall	05-09	MT
Converge Technology Solutions Q1 Adjusted Earnings Fall	05-09	MT
Transcript : Converge Technology Solutions Corp., Q1 2024 Earnings Call, May 09, 2024	05-09
Converge Technology Solutions Corp. Provides Earnings Guidance for the Three Months Ended June 30, 2024	05-09	CI
Converge Technology Solutions Corp. Declares Quarterly Dividend, Payable on June 6, 2024	05-09	CI
Earnings Flash (CTSDF) CONVERGE TECHNOLOGY SOLUTIONS Posts Q1 Revenue C$628.8M, vs. Street Est of C$672.9M	05-09	MT
Earnings Flash (CTSDF) CONVERGE TECHNOLOGY SOLUTIONS Reports Q1 EPS C$0.11	05-09	MT
Converge Technology Solutions Brief: Q1 Net loss of $3.5 million, an increase in loss of $0.1 million; Revenue of $628.8 million, a decrease of $49.4 million	05-09	MT
Converge Technology Solutions Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024	05-09	CI
Converge Technology Solutions Reports GenAI Focused Partnership With Forum Systems	04-18	MT
Converge Technology Solutions Corp. Announces GenAI Focused Partnership with Forum Systems, Inc	04-18	CI
Converge Technology Solutions' Q4 Adjusted Profit, Revenue Grows; Provided Outlook	03-06	MT
Transcript : Converge Technology Solutions Corp., Q4 2023 Earnings Call, Mar 06, 2024	03-06
Converge Technology Solutions Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	03-06	CI
Converge Technology Solutions Brief: Says Gross Sales Top $4.0 Billion in FY 2023; Q4 Marked Consecutive Billion Dollar Quarter	03-06	MT
Converge Technology Solutions Brief: Q4 Net income of $4.8 million, an increase of $9.4 million; Revenue of $651.1 million, an increase of $10.2 million	03-06	MT
Converge Technology Solutions Corp. Declares Quarterly Dividend, Payable on March 26, 2024	03-06	CI
Converge Technology Solutions Corp. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	03-06	CI
North American Morning Briefing : Stock Futures -2-	03-06	DJ
Tranche Update on Converge Technology Solutions Corp.'s Equity Buyback Plan announced on August 9, 2023.	03-04	CI
Transcript : Converge Technology Solutions Corp. - Special Call	01-30
Converge Provides Q4-2023 Cash Flow Update	01-29	MT
Converge Technology Solutions Brief: Providing Q4 2023 Cash Flow Update; Cash from Operating Activities Expected to Exceed $100 Million	01-29	MT

Converge Technology Solutions Corp.

Equities

CTS