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  5. CTS: What are your thoughts on Converge's latest quarter? [Converge Technology Solutions Corp.]

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Q: What are your thoughts on Converge's latest quarter? I've held this stock for a long time looking for a win but somehow it always seems to disappoint me. Is it time to move on?

Does it have a significant enough market share that its comments that their data center work has been delayed and cyber security work has doubled that these comments could be a leading indicator to sell data center related stocks and buy cyber security stocks. If so, what stocks would you sell and/or buy? I've not bought into cyber security stocks yet but this information might be the trigger for me. Thanks!
Asked by Brendon on October 24, 2024
5i Research Answer:
Preliminary revenue was $630M, vs $648M estimates. and EBITDA w$31.2M vs $44.4M expected. The...
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