Converge Technology Solutions (CTS.TO) Earnings
Price: $5.46
Market Cap: $1.03B
Market Cap: $1.03B
Revenue (TTM): $2.59B
Net Income: $-177.71M
Net Income: $-177.71M
P/E Ratio: -5.79
EPS (TTM): $-0.94
EPS (TTM): $-0.94
Earnings Dates
Converge Technology Solutions (CTS.TO) reports its earnings quarterly. Here are the key details:
Next Earnings Date
- Date: May 07, 2025
- Time of Day: Before Market Open
- Estimated EPS: $0.1407
Last Earnings Report
- Date: March 05, 2025
- EPS: $-0.05
- EPS Estimate: $0.15
Converge Technology Solutions's next earnings report is scheduled for May 07, 2025.
In its last earnings report on March 05, 2025, Converge Technology Solutions reported earnings per share (EPS) of $-0.05, compared to an estimated EPS of $0.15. The company reported revenue of $680.78M, compared to an estimated revenue of $609.19M.
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q3 | 2024 | 2024-11-12 | N/A | N/A |
| Read Transcript | Q2 | 2024 | 2024-08-08 | $0.14 | $0.19 |
| Read Transcript | Q1 | 2024 | 2024-05-10 | N/A | N/A |
| Read Transcript | Q4 | 2023 | 2024-03-06 | $0.14 | $0.19 |
| Read Transcript | Q3 | 2023 | 2023-11-14 | $0.11 | $0.10 |
| Read Transcript | Q2 | 2023 | 2023-08-09 | $0.10 | $0.12 |
| Read Transcript | Q1 | 2023 | 2023-05-10 | N/A | N/A |
| Read Transcript | Q4 | 2022 | 2023-03-16 | N/A | N/A |
| Read Transcript | Q3 | 2022 | 2022-11-12 | N/A | N/A |
| Read Transcript | Q2 | 2022 | 2022-08-10 | N/A | N/A |
| Read Transcript | Q1 | 2022 | 2022-05-11 | N/A | N/A |
| Read Transcript | Q4 | 2021 | 2022-03-23 | N/A | N/A |
| Read Transcript | Q3 | 2021 | 2021-11-11 | N/A | N/A |
| Read Transcript | Q2 | 2021 | 2021-08-12 | N/A | N/A |
| Read Transcript | Q1 | 2021 | 2021-05-11 | N/A | N/A |
| Read Transcript | Q4 | 2020 | 2021-03-10 | N/A | N/A |
Earnings History
| Date | EPS | EPS Estimate | Revenue | Revenue Estimate |
|---|---|---|---|---|
| March 05, 2025 | $-0.05 | $0.15 | $680.78M | $609.19M |
| October 24, 2024 | $0.12 | $0.10 | $630.69M | $627.52M |
| August 08, 2024 | $0.19 | $0.14 | $651.85M | $692.15M |
| May 09, 2024 | $0.11 | $0.13 | $628.77M | $645.13M |
| March 06, 2024 | $0.19 | $0.14 | $651.09M | $708.85M |
| November 14, 2023 | $0.10 | $0.11 | $710.11M | $708.85M |
| August 09, 2023 | $0.12 | $0.10 | $665.81M | $645.89M |
| May 09, 2023 | $0.12 | $0.09 | $678.20M | $678.20M |
| March 15, 2023 | $0.16 | $0.10 | $414.75M | $770.85M |
| November 08, 2022 | $0.10 | $0.10 | $603.21M | $610.83M |
| August 09, 2022 | $0.14 | $0.10 | $596.66M | $582.72M |
| May 10, 2022 | $0.10 | $0.07 | $550.04M | $498.75M |
| March 22, 2022 | $0.04 | $0.05 | $504.98M | $489.26M |
| November 10, 2021 | $0.03 | $0.04 | $367.35M | $- |
| August 11, 2021 | $0.01 | $0.07 | $345.31M | $- |
| May 11, 2021 | $0.02 | $0.04 | $310.20M | $- |
| March 09, 2021 | $0.01 | $0.06 | $289.56M | $- |
| November 09, 2020 | $0.01 | $0.01 | $189.88M | $- |
Annual Earnings
Annual Revenue
$2.59B
Fiscal Year 2024Annual Net Income
$-177.71M
Fiscal Year 2024Annual EPS
$-0.90
Fiscal Year 2024Quarterly Earnings
Revenue
$680.78M
Quarter Ending December 31, 2024Net Income
$-9.17M
Quarter Ending December 31, 2024EPS
$-0.05
Quarter Ending December 31, 2024Earnings Metrics
Earnings Yield
-27.49%
Year Ending December 31, 2024P/E Ratio
-3.64
Year Ending December 31, 2024Revenue Per Share
$13.11
Year Ending December 31, 2024Earnings Yield (TTM)
-17.26%
Trailing Twelve MonthsP/E Ratio (TTM)
-5.79
Trailing Twelve MonthsRevenue Per Share (TTM)
$13.74
Trailing Twelve MonthsFrequently Asked Questions
Converge Technology Solutions's next earnings date is scheduled for May 07, 2025. The earnings call is expected to take place before market open.
In its last earnings report on March 05, 2025, Converge Technology Solutions reported earnings per share (EPS) of $-0.05, compared to an estimated EPS of $0.15. The company reported revenue of $680.78M, compared to an estimated revenue of $609.19M.
Converge Technology Solutions's current Price-to-Earnings (P/E) ratio is -3.64. The trailing twelve months (TTM) P/E ratio is -5.79. The P/E ratio is a valuation metric that compares a company's current share price to its earnings per share (EPS). A higher P/E ratio suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E ratio.
For the fiscal year ending December 31, 2024, Converge Technology Solutions reported total revenue of $2.59B and net income of $-177.71M. This represents a net profit margin of -0.0685599717.
Converge Technology Solutions's earnings yield is -27.49%. The earnings yield is the inverse of the P/E ratio and represents the percentage of each dollar invested in the stock that was earned by the company.
Converge Technology Solutions's return on equity (ROE) is -49.54%. ROE is a measure of financial performance calculated by dividing net income by shareholders' equity. It measures how effectively management is using a company's assets to create profits.
Converge Technology Solutions's gross profit margin is 26.68%. This indicates that for every dollar of revenue, the company retains $0.27 as gross profit after accounting for the cost of goods sold.
Related Metrics
Explore detailed financial metrics and analysis for CTS.TO.