Converge Information and Communications Technology Solutions, Inc. (PSE: CNVRG)

Market Cap	119.03B
Revenue (ttm)	39.05B
Net Income (ttm)	10.94B
Shares Out	7.27B
EPS (ttm)	1.50
PE Ratio	10.93
Forward PE	10.51
Dividend	n/a
Ex-Dividend Date	Sep 23, 2024

Volume	764,200
Open	16.20
Previous Close	16.20
Day's Range	16.00 - 16.38
52-Week Range	8.29 - 17.68
Beta	n/a
Analysts	n/a
Price Target	n/a
Earnings Date	Mar 17, 2025

About PSE: CNVRG

Converge Information and Communications Technology Solutions, Inc. provides optic fiber fixed broadband network and internet services in the Philippines. It operates in two segments: Residential Business and Enterprise Business. The company offers fiber broadband residential plans comprising FiberX, a residential broadband services via fiber-to-the-home (FTTH) connection under FiberX brand; BIDA Fiber, a postpaid FTTH brand; Surf2Sawa, a prepaid fiber product which allows to have unlimited fiber connectivity; FiberX Time-of-Day allows the optio...

• Industry: Telephone Communications, Except Radiotelephone
• Founded: 2007
• Employees: 3,379
• Stock Exchange: Philippine Stock Exchange
• Ticker Symbol: CNVRG

Financial Performance

In 2023, CNVRG's revenue was 35.36 billion, an increase of 4.94% compared to the previous year's 33.70 billion. Earnings were 9.10 billion, an increase of 22.28%.