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CTSDF - Converge Technology Solutions GAAP EPS of $0.10 revenue of $550.04M beats by $166.28M
Converge Technology Partners Inc
Converge Technology Solutions press release (OTCQX:CTSDF): Q1 GAAP EPS of $0.10. Revenue of $550.04M (+77.3% Y/Y) beats by $166.28M. Bookings backlog increased to ~$472M in Q1 compared to $350M in Q4 2021 subsequent to clearing $250M worth of backlog during the quarter. Achieved 111 net new logos in Q1 compared to 95 net new logos in 4Q21. Acquired ~$398.7M of LTM gross revenue and $29.4M EBITDA through five acquisitions YTD.