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Stocks in play: Converge Technology Solutions Corp.
Announced select preliminary unaudited financial results for the three months ended September 30, 2024. Revenue is expected to be in the range of $630.0 million to $631.0 million, compared to (i) a previously guided range of $636 million to $658 million, and (ii) $710.1 million in revenue for the third quarter of 2023. Gross profit is expected to be in the range of $158.0 to $158.5 million, compared to (i) a previously guided range of $172 million to $178 million, and (ii) $174.1 million in gross profit for Q3-2023.Converge Technology Solutions Corp. shares T.CTS are trading unchanged at $4.43.
