0ZB Stock Overview Provides software-enabled IT and cloud solutions in the United States and Canada. More details
Rewards Risk Analysis See All Risk Checks Capture your thoughts, links and company narrative
Converge Technology Solutions Corp. Competitors Price History & Performance
Summary of share price highs, lows and changes for Converge Technology Solutions Historical stock prices Current Share Price CA$2.16 52 Week High CA$4.05 52 Week Low CA$1.93 Beta 1.79 1 Month Change -3.82% 3 Month Change -23.37% 1 Year Change -23.13% 3 Year Change -69.94% 5 Year Change 159.16% Change since IPO 511.30%
Recent News & Updates
Third quarter dividend of CA$0.015 announced Nov 16
Third quarter 2024 earnings released: CA$0.017 loss per share (vs CA$0.009 loss in 3Q 2023) Nov 13
New minor risk - Dividend sustainability Oct 24
Converge Technology Solutions Corp. to Report Q3, 2024 Results on Nov 12, 2024 Oct 22
New minor risk - Profitability Aug 12
Second quarter dividend of CA$0.015 announced Aug 12 See more updates
Third quarter dividend of CA$0.015 announced Nov 16
Third quarter 2024 earnings released: CA$0.017 loss per share (vs CA$0.009 loss in 3Q 2023) Nov 13
New minor risk - Dividend sustainability Oct 24
Converge Technology Solutions Corp. to Report Q3, 2024 Results on Nov 12, 2024 Oct 22
New minor risk - Profitability Aug 12
Second quarter dividend of CA$0.015 announced Aug 12
Second quarter 2024 earnings released: CA$0.82 loss per share (vs CA$0.017 loss in 2Q 2023) Aug 09
New minor risk - Share price stability Aug 05
Chief Financial Officer recently sold €157k worth of stock Jun 25
Upcoming dividend of CA$0.015 per share May 15 Converge Technology Solutions Corp. Provides Earnings Guidance for the Three Months Ended June 30, 2024
First quarter 2024 earnings released: CA$0.009 loss per share (vs CA$0.009 loss in 1Q 2023) May 10
Converge Technology Solutions Corp. to Report Q1, 2024 Results on May 09, 2024 Apr 20
Converge Technology Solutions Corp., Annual General Meeting, Jun 19, 2024 Apr 06
Converge Technology Solutions Corp. Declares Quarterly Dividend, Payable on March 26, 2024 Mar 08
Full year 2023 earnings released: CA$0.007 loss per share (vs CA$0.13 profit in FY 2022) Mar 07
Converge Technology Solutions Corp. to Report Q4, 2023 Results on Mar 06, 2024 Jan 30
Group CEO & Director recently bought €92k worth of stock Dec 08
Wendy Bahr Joins Converge Technology Solutions Corp.'s Board of Directors Dec 05
Upcoming dividend of CA$0.01 per share at 1.0% yield Dec 05
Third quarter 2023 earnings released: CA$0.009 loss per share (vs CA$0.098 profit in 3Q 2022) Nov 15
Converge Technology Solutions Corp. Declares Third Quarter Dividend on Common Share, Payable on December 28, 2023 Nov 15
Investor sentiment improves as stock rises 15% Nov 08
Converge Technology Solutions Corp. to Report Q3, 2023 Results on Nov 14, 2023 Oct 25
New major risk - Share price stability Oct 23
Investor sentiment deteriorates as stock falls 16% Oct 19
Converge Technology Solutions Appoints Patrick Haupt as Managing Director of Converge Germany, Effective December 1, 2023 Oct 12
Upcoming dividend of CA$0.01 per share at 1.5% yield Aug 31
Investor sentiment deteriorates as stock falls 16% Aug 16
Converge Technology Solutions Corp. Announces Second Quarter Dividend, Payable on September 22, 2023 Aug 11
New minor risk - Profit margin trend Aug 10
Second quarter 2023 earnings released: CA$0.017 loss per share (vs CA$0.056 profit in 2Q 2022) Aug 10
Converge Technology Solutions Corp. to Report Q2, 2023 Results on Aug 09, 2023 Jul 22
Investor sentiment improves as stock rises 16% Jun 02
Investor sentiment improves as stock rises 29% May 18
First quarter 2023 earnings released: CA$0.009 loss per share (vs CA$0.011 loss in 1Q 2022) May 10 Converge Technology Solutions Corp. Appoints Avjit Kamboj to Chief Financial Officer
Investor sentiment deteriorates as stock falls 16% Apr 26
Full year 2022 earnings released: EPS: CA$0.13 (vs CA$0.086 in FY 2021) Mar 17
Investor sentiment deteriorates as stock falls 17% Feb 18 Converge Technology Solutions Corp. to Report Q4, 2022 Results on Mar 15, 2023
Investor sentiment improved over the past week Nov 28
Converge Technology Solutions Corp. Forms Special Committee of Independent Directors Nov 23
Chairman of the Board recently bought €125k worth of stock Nov 20
Third quarter 2022 earnings released: EPS: CA$0.098 (vs CA$0.023 in 3Q 2021) Nov 10
Converge Technology Solutions Corp. (TSX:CTS) completed the acquisition of Stone Technologies Group Limited. Nov 08
Investor sentiment deteriorated over the past week Nov 01
Converge Technology Solutions Corp. to Report Q3, 2022 Results on Nov 08, 2022 Oct 27
Converge Technology Solutions Corp. (TSX:CTS) agreed to acquire Stone Technologies Group Limited. Sep 23
Converge Technology Solutions Corp. (TSX : CTS) acquired Newcomp Analytics Inc. for CAD 20.3 million. Sep 13
Investor sentiment improved over the past week Aug 17
Second quarter 2022 earnings released: EPS: CA$0.056 (vs CA$0.006 in 2Q 2021) Aug 11
Converge Technology Solutions Corp. Announces Greg Berard as North American CEO Aug 10
Converge Technology Solutions Corp. (TSX:CTS) completed the acquisition of PC Specialists, Inc. Aug 03
High number of new directors Jul 31
Converge Technology Solutions Corp. (TSX:CTS) acquired Gesellschaft für digitale Bildung/Institut für moderne Bildung/DEQSTER. Jul 30
Converge Technology Solutions Corp. to Report Q2, 2022 Results on Aug 09, 2022 Jul 28
Chairman of the Board recently bought €88k worth of stock Jun 24
Converge Technology Solutions Corp. Approves the Election of Toni Rinow to Board of Directors Jun 24
Converge Technology Solutions Corp. (TSX:CTS) agreed to acquire Gesellschaft für digitale Bildung/Institut für moderne Bildung/DEQSTER. Jun 16
CEO & Director recently bought €922k worth of stock May 27
Chairman of the Board recently bought €223k worth of stock May 20
Converge Technology Solutions Corp. (TSX:CTS) has signed definitive agreements to acquire PC Specialists, Inc. for $74 million. May 20
First quarter 2022 earnings released: CA$0.011 loss per share (vs CA$0.023 profit in 1Q 2021) May 12 Converge Technology Solutions Corp. Announces Converge Enterprise Cloud for IBM Guardium Insights May 10
Converge Technology Solutions Corp. (TSX:CTS) completed the acquisition of InterDynamix Systems Corp. May 03
Converge Technology Solutions Corp., Annual General Meeting, Jun 23, 2022 Apr 22
Converge Technology Solutions Corp. (TSX:CTS) acquired Creative Breakthroughs, Inc. for $67 million. Apr 03
Converge Technology Solutions Corp. Appoints Richard Lecoutre to Chief Financial Officer Mar 30
Converge Technology Solutions Corp. (TSX:CTS) entered into a definitive agreement to acquire InterDynamix Systems Corp. Mar 29
Converge Technology Solutions Corp. to Report Q4, 2021 Results on Mar 22, 2022 Feb 18
Converge Technology Solutions Corp. (TSX:CTS) acquired VisuCom GmbH for €5.7 million. Feb 11
Converge Technology Solutions Corp. (TSX:CTS) acquired VisuCom GmbH. Feb 10
Converge Technology Solutions Corp. (TSX:CTS) acquired Paragon Development Systems, Inc. from Mason Wells, Inc. for $52 million. Jan 12
High number of new directors Dec 31
Lead Independent Director recently bought €54k worth of stock Nov 24
Lead Independent Director recently bought €54k worth of stock Nov 24
Third quarter 2021 earnings released: EPS CA$0.023 (vs CA$0.007 in 3Q 2020) Nov 11
President recently sold €3.3m worth of stock Sep 15
Converge Technology Solutions Corp. has completed a Follow-on Equity Offering in the amount of CAD 225.2425 million. Sep 02 Converge Technology Solutions Corp. (TSX:CTS) completed the acquisition of Infinity Systems Software, Inc.
Chairman of the Board recently bought €70k worth of stock Aug 19
Second quarter 2021 earnings released: EPS CA$0.006 (vs CA$0.048 loss in 2Q 2020) Aug 12
Converge Technology Solutions Corp. (TSX:CTS) acquired 75% stake in Rednet Ag. Aug 07 Converge Technology Solutions Corp. (TSX:CTS) signed a definitive agreement to acquire Infinity Systems Software, Inc.
Independent Chairman of the Board Gordon McMillan has left the company Jun 25
Chief Financial Officer Carl Smith has left the company Jun 25
Converge Technology Solutions Corp. (TSX:CTS) acquired ExactlyIT, Inc. Jun 24
Converge Technology Solutions Corp. Achieves Elite Partner Status with Pure Storage Jun 16
Director recently bought €102k worth of stock Jun 10
Converge Technology Solutions Corp. has completed a Follow-on Equity Offering in the amount of CAD 150 million. Jun 04
First quarter 2021 earnings released: EPS CA$0.023 (vs CA$0.016 loss in 1Q 2020) May 13 Shareholder Returns 0ZB DE IT DE Market 7D -2.4% -2.8% -2.6% 1Y -23.1% -21.1% 6.9%
See full shareholder returns
Return vs Industry: 0ZB underperformed the German IT industry which returned -21.1% over the past year.
Return vs Market: 0ZB underperformed the German Market which returned 6.9% over the past year.
Price Volatility Is 0ZB's price volatile compared to industry and market? 0ZB volatility 0ZB Average Weekly Movement 9.2% IT Industry Average Movement 5.2% Market Average Movement 4.8% 10% most volatile stocks in DE Market 11.2% 10% least volatile stocks in DE Market 2.4%
Stable Share Price: 0ZB's share price has been volatile over the past 3 months compared to the German market.
Volatility Over Time: 0ZB's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions in the United States and Canada. Its solutions approach delivers advanced analytics, artificial intelligence, application modernization, cloud, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. The company also offers managed and talent services, and hardware and software products and solutions.
Show more Converge Technology Solutions Corp. Fundamentals Summary How do Converge Technology Solutions's earnings and revenue compare to its market cap? 0ZB fundamental statistics Market cap €421.05m Earnings (TTM ) -€108.49m Revenue (TTM ) €1.71b
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) 0ZB income statement (TTM ) Revenue CA$2.56b Cost of Revenue CA$1.87b Gross Profit CA$694.34m Other Expenses CA$857.02m Earnings -CA$162.68m
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) -0.84 Gross Margin 27.10% Net Profit Margin -6.35% Debt/Equity Ratio 85.8%
How did 0ZB perform over the long term?
See historical performance and comparison Dividends
1.8% Current Dividend Yield When do you need to buy 0ZB by to receive an upcoming dividend? Converge Technology Solutions dividend dates Ex Dividend Date Dec 10 2024 Dividend Pay Date Dec 27 2024 Days until Ex dividend 13 days Days until Dividend pay date 4 days
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/22 01:09 End of Day Share Price 2024/12/20 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
Analysis Model and Snowflake Details of the analysis model used to generate this report is available on our Github page , we also have guides on how to use our reports and tutorials on Youtube .
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources Converge Technology Solutions Corp. is covered by 19 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Benjamin May Berenberg Deepak Kaushal BMO Capital Markets Equity Research Robert Young Canaccord Genuity
Show 16 more analysts 
