Quorum Reports Q1 2025 Results and Board Changes

Quorum Information Technologies ( (TSE:QIS) ) has issued an update.

Quorum Information Technologies reported its Q1 2025 financial results, showing a 1% increase in total revenue to $10.2 million despite challenges from tariffs in the automotive industry. The company achieved a 15% Adjusted EBITDA margin and implemented $1.3 million in annual savings to be realized by Q3 2025. Additionally, Quorum announced the appointment of Steve Hammond to its Board of Directors, replacing Scot Eisenfelder, who has served for 16 years.

Spark’s Take on TSE:QIS Stock

According to Spark, TipRanks’ AI Analyst, TSE:QIS is a Outperform.

Quorum Information Technologies shows strong financial performance with improved profitability and robust cash flow generation. However, technical indicators suggest bearish momentum, and valuation metrics indicate fair pricing. Recent corporate events highlight positive financial growth, enhancing the overall outlook.

To see Spark’s full report on TSE:QIS stock, click here.

More about Quorum Information Technologies

Quorum Information Technologies Inc. is a North American SaaS Software and Services company that provides essential enterprise solutions for automotive dealerships and Original Equipment Manufacturers (OEMs).

Average Trading Volume: 21,281

Technical Sentiment Signal: Buy

Current Market Cap: C$66.25M

Learn more about QIS stock on TipRanks’ Stock Analysis page.