The latest update is out from VIQ Solutions ( (TSE:VQS) ).
VIQ Solutions has concluded its strategic review process, deciding to continue with its current business plan as a public company, following a thorough evaluation of various transaction proposals and strategic alternatives. The company aims to focus on operational efficiencies, margin expansion through automation, and disciplined cost management, while scaling its global technology platform for sustainable growth. The conclusion of the review also marks the resignation of David Sharma from the board, who played a significant role in the process.
More about VIQ Solutions
VIQ Solutions is a global provider of secure, AI-driven digital voice and video capture technology and transcription services. The company offers a comprehensive solution suite that integrates intelligent automation with human review, catering to sectors such as criminal justice, legal, insurance, government, corporate finance, media, and transcription service provider markets. Their platform enhances the quality and accessibility of evidence, facilitates predictive insights, and accelerates digital transformation at reduced costs.
YTD Price Performance: -4.76%
Average Trading Volume: 70,607
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$10.99M
Learn more about VQS stock on TipRanks’ Stock Analysis page.