Converge Technology Solutions Corp. (CTSDF)
Market Cap | 814.51M |
Revenue (ttm) | 1.80B |
Net Income (ttm) | -123.51M |
Shares Out | n/a |
EPS (ttm) | -0.63 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | 0.03 (0.75%) |
Ex-Dividend Date | Dec 10, 2024 |
Volume | 3,445,081 |
Average Volume | 211,359 |
Open | 4.320 |
Previous Close | 4.340 |
Day's Range | 4.317 - 4.320 |
52-Week Range | 2.088 - 4.340 |
Beta | 1.69 |
RSI | 76.58 |
Earnings Date | May 9, 2025 |
About CTSDF
Converge Technology Solutions Corp., together with its subsidiaries, provides software-enabled IT and cloud solutions in the United States, Canada, Germany, rest of Europe, the United Kingdom, and Ireland. Its solutions approach delivers advanced analytics comprising business analytics and data visualization, data platforming and integration, and financial and operational performance management; artificial intelligence; application modernization; cloud platforms; cybersecurity; digital infrastructure consisting of integration and lifecycle serv... [Read more]
Financial Performance
In 2024, CTSDF's revenue was 2.59 billion, a decrease of -4.18% compared to the previous year's 2.71 billion. Losses were -177.71 million, 12173.0% more than in 2023.
Financial numbers in CAD Financial StatementsNews

H.I.G. Capital Completes Acquisition of Converge Technology Solutions and Merger of Converge Technology Solutions and Mainline Information Systems to Form "Pellera Technologies"
TORONTO, ON and GATINEAU, QC, April 22, 2025 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge") (TSX:CTS) (FSE:0ZB) (OTCQX: CTSDF) is pleased to announce the successful completion of the ...

H.I.G. Capital Completes Merger of Converge Technology Solutions and Mainline Information Systems to Form "Pellera Technologies"
SAN FRANCISCO , April 22, 2025 /PRNewswire/ -- H.I.G. Capital ("H.I.G.

Court Grants Final Order to Converge Approving Acquisition by H.I.G. Capital
TORONTO and GATINEAU, QC, April 16, 2025 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) announced today that the Ontario Superior...

Converge Technology Solutions Shareholders Approve the Acquisition by H.I.G. Capital
TORONTO and GATINEAU, QC, April 10, 2025 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce that at its specia...

Converge Technology Solutions Reminds Shareholders to Vote in Advance of Proxy Voting Deadline for the Upcoming Special Meeting
TORONTO and GATINEAU, QC, April 3, 2025 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) reminds its shareholders to vote ahead of ...

Converge Technology Solutions and H.I.G. Capital Agree to Amend Arrangement Agreement
TORONTO and GATINEAU, QC, April 1, 2025 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) announced today that the Company has agree...

Independent Proxy Advisory Firms Recommend Converge Technology Solutions Shareholders Vote For the Proposed Acquisition by an Affiliate of H.I.G. Capital
TORONTO and GATINEAU, QC, March 25, 2025 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce that two leading i...

Converge Announces Filing and Mailing of Management Information Circular in Connection with its Special Meeting of Shareholders to Approve the Acquisition by H.I.G. Capital
TORONTO and GATINEAU, QC, March 14, 2025 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce its management inf...

Converge Reports Fourth Quarter and Fiscal Year 2024 Results
TORONTO and GATINEAU, QC, March 5, 2025 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX:CTS) (FSE:0ZB) (OTCQX:CTSDF) is pleased to provide its financial results f...

Converge Reports Preliminary Fourth Quarter and Fiscal Year 2024 Financial Results and Conference Call Details
TORONTO and GATINEAU, QC, Feb. 10, 2025 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF), today announced preliminary results for t...

Converge Technology Solutions to be Acquired by H.I.G. Capital
Key Highlights: H.I.G. Capital to acquire Converge in an all-cash transaction, providing immediate liquidity to shareholders while establishing a strategic partner for Converge to execute its long-ter...

Converge To Pay December 2024 Dividend One Day Earlier Due to Holidays
TORONTO and GATINEAU, QC, Dec. 20, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) today announced that, further to the Compa...

Converge Technology Solutions Announces Partnership with Tony Stewart Racing Company
TORONTO and GATINEAU, QC, Nov. 20, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (OTCQX: CTSDF) is pleased to announce it has joined Tony Stewart Rac...

Converge Technology Solutions Corp. (CTSDF) Q3 2024 Earnings Call Transcript
Converge Technology Solutions Corp. (OTCQX:CTSDF) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Dennis Fong - Investor Relations Avjit Kamboj - Chief Financial Off...

Converge Reports Third Quarter 2024 Results
Year-to-date cash generated from operating activities increased by $97 million to $212 million, enabling continued net debt1 reduction and a return of $61.7 million in capital to shareholders1 Announc...

Converge Technology Solutions Named Solution Partner of the Year at the 2024 Ingram Micro ONE Innovation Summit
TORONTO and GATINEAU, QC, Nov. 8, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce it has been named So...

The Silver Lining In Converge Technology's Selloff And Strategy For Stability
Converge Technology Solutions has faced a challenging year with a -30.26% annualized return, but the recent sell-off may present a buying opportunity. The company is refocusing on high-margin, recurri...

Converge Reports Preliminary Third Quarter 2024 Results
TORONTO and GATINEAU, QC, Oct. 24, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) today announced select preliminary unaudit...

Converge to Host Third Quarter Fiscal 2024 Conference Call
TORONTO and GATINEAU, QC, Oct. 22, 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...

Converge Technology Solutions Announces PCI-DSS Certification for IBM Power for Google Cloud (IP4G) Platform
TORONTO and GATINEAU, QC , Sept. 17, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) is pleased to announce the successful completion of PCI-DSS certif...

Converge Announces Renewal of Normal Course Issuer Bid
TORONTO , Aug. 9, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) announces that the Toronto Stock Exchange (the "TSX") has a...

Converge Technology Solutions Corp. (CTSDF) Q2 2024 Earnings Call Transcript
Converge Technology Solutions Corp. (OTCQX:CTSDF) Q2 2024 Earnings Call August 8, 2024 8:00 AM ET Company Participants Dennis Fong - Investor Relations Avjit Kamboj - Chief Financial Officer Shaun Mai...

Converge Reports Second Quarter 2024 Results
Gross sales organic growth1 of 11.1% and gross profit organic growth1 of 2.1%; Returned $47.4 million in capital through dividends and share repurchases; Announces Group CEO Transition TORONTO and GAT...

Converge to Host Second Quarter Fiscal 2024 Conference Call
TORONTO, ON and GATINEAU, QC, July 18, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce that it will ho...

Converge Technology Solutions Announces Deconsolidation of Portage CyberTech Inc.
TORONTO and GATINEAU, QC, July 3, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) today announced that, as of June 27, 2024, ...