Converge Technology Solutions Corp. (T:CTS)
Business Focus: IT Services & Consulting (NEC)
Sunny as of April 01, 2024
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Insider Filings
Latest 10 SEDI filings for CTS within the last 6 months
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Company News
Apr 18, 2024 16:00 ET
Converge to Host First Quarter Fiscal 2024 Conference Call
TORONTO and GATINEAU, QC, April 18, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce that it will hold a conference call to discuss its first quarter fiscal 2024 results on Thursday, May 9th, 2024 at 8:00am EST. The call will be hosted by the Converge leadership team, followed by a question-and-answer period. Converge will report its financial results in the morning prior to the call.
Apr 18, 2024 16:00 ET
Converge to Host First Quarter Fiscal 2024 Conference Call
TORONTO and GATINEAU, QC, April 18, 2024 /CNW/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce that it will hold a conference call to discuss its first quarter fiscal 2024 results on Thursday, May 9th, 2024 at 8:00am EST. The call will be hosted by the Converge leadership team, followed by a question-and-answer period. Converge will report its financial results in the morning prior to the call.
Valuation Ratios
Industry
Sector
Beta
1.92
--
--
Price to Sales - TTM
0.41
6.75
4.30
Price to Book - most recent quarter
1.88
2.14
2.49
Price to Cash Flow per share - TTM
9.65
11.60
10.67
Price to Free Cash Flow per share - TTM
5.11
20.10
24.89
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 3,350,729 | 992,884 |
| Mar 31, 2024 | 2,357,845 | -89,602 |
| Mar 15, 2024 | 2,447,447 | 54,163 |
Business Summary
| Sector: Technology | Industry: IT Services & Consulting |
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.
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