CA - Converge Technology Solutions Non-GAAP EPS of $0.16 revenue of $640.93M beats by $75.74M
2023-03-15 17:00:48 ET
- Converge Technology Solutions press release ( OTCQX:CTSDF ): Q4 Non-GAAP EPS of $0.16.
- Revenue of $640.93M (+43.7% Y/Y) beats by $75.74M .
- Gross Profit of $168.9 million compared to $115.9 million in Q4-21; an increase of $53.0 million or 46%.
- Adjusted EBITDA of $43.1 million, increasing from $34.7 million in Q421 by 24%.
- Cash generated from operations was $30.4 million, compared to $17.9 million in Q4-21, representing an increase of 69%.
- Q4-22 bookings were over $1 billion, setting up a strong 2023 with 89% of our customers already buying more than one service and/or solution.
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Converge Technology Solutions Non-GAAP EPS of $0.16, revenue of $640.93M beats by $75.74M