Quorum Information Technologies (TSE:QIS) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Quorum Information Technologies Inc. reported a successful fiscal year with a 26% increase in Adjusted EBITDA, reaching $7.0 million, and a rise in Adjusted Cash Income to $4.5 million. Despite a slowdown in SaaS revenue growth due to an installation backlog, the company anticipates a rebound in the upcoming quarter. Quorum attributes the strong performance to its strategic focus on profitable growth, cost management, and a comprehensive suite of 13 essential software solutions.
For further insights into TSE:QIS stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue