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Converge Technology Solutions Corp. - CTSDF STOCK NEWS

Welcome to our dedicated news page for Converge Technology Solutions (Ticker: CTSDF), a resource for investors and traders seeking the latest updates and insights on Converge Technology Solutions.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Converge Technology Solutions's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Converge Technology Solutions's position in the market.

Rhea-AI Summary
Converge Technology Solutions Corp. has been honored on CRN's 2024 Tech Elite 250 list for the third consecutive year. The company's commitment to top-tier certifications and specializations from leading technology vendors showcases its dedication to providing cutting-edge solutions to customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
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none
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Rhea-AI Summary
Converge Technology Solutions Corp. (CTSDF) has been chosen as a strategic partner by a leading global provider of software solutions, enhancing its market presence and growth opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.28%
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none
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Rhea-AI Summary
Converge Technology Solutions Corp. reports a strong financial performance for Q4 2023 and FY 2023 with gross sales reaching $4.0 billion, marking consecutive billion-dollar quarters. The company shows growth in revenue, gross profit, adjusted EBITDA, and net income. Cash from operating activities increased significantly, and net debt decreased. The CEO highlights the company's strategic position for growth and shareholder benefit.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.96%
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none
Rhea-AI Summary
Converge Technology Solutions Corp. announces its participation in the 27th Annual Scotiabank TMT Conference. Key executives will engage in a live session with institutional investors, covering Telecom, Media, and Technology sectors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.99%
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none
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Rhea-AI Summary
Converge Technology Solutions Corp. has been named to CRN's MSP 500 list in the Elite 150 category for 2024, marking the third consecutive year. The list recognizes top Managed Service Providers in North America, highlighting their role in enhancing business efficiency and IT solutions. Converge's continuous investment in Managed Services reflects its commitment to growth and innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.81%
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none
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Rhea-AI Summary
Converge Technology Solutions Corp. will hold a conference call to discuss its Q4 and fiscal year 2023 results on March 6th, 2024. The call will be hosted by the Converge leadership team, and the financial results will be reported in the morning prior to the call. Participants can join via webcast or dial-in, and a recording playback will be available. The live audio webcast and presentation slides will be accessible on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
Tags
conferences earnings
Rhea-AI Summary
Converge Technology Solutions Corp. (TSX: CTS) is hosting the 'Coffee and Converge' event on January 30th, 2024, in Toronto. The event will focus on the Application Modernization practice, featuring the Company's services and solutions. Converge is a leading provider of Application Modernization services across North America, with a strong ecosystem of strategic partners.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.99%
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none
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Rhea-AI Summary
Converge Technology Solutions Corp. (CTS) is pleased to announce that Stone Group and REDNET have achieved IBM Platinum Status, allowing the Company to better deliver IBM services and solutions across North America, Germany, and the UK. This significant milestone is a testament to the commitment of Stone Group and REDNET to delivering transformative services and solutions to clients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.3%
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none
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Rhea-AI Summary
Converge Technology Solutions Corp. (CTS) appoints Wendy Bahr, a former Cisco and Rubrik executive, to its Board of Directors. Wendy brings extensive global sales experience and will contribute to Converge's growth and services-led practices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
Tags
management
Rhea-AI Summary
Converge Technology Solutions Corp. (CTS) renews Cisco Master Collaboration Specialization in the US and wins Cisco's Americas Central Area Customer Experience Partner of the Year for 2023. The company's demonstrated expertise and commitment to customers have been recognized with these prestigious awards, highlighting its significant investments in providing sophisticated, value-added Cisco solutions and integrated networking solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.45%
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none
Converge Technology Solutions Corp.

OTC:CTSDF

CTSDF Rankings

CTSDF Stock Data

870.76M
191.73M
5.12%
36.39%
Data Processing, Hosting, and Related Services
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Toronto