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TeraGo Inc. (TSE:TGO)
:TGO
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2018
|% Change Since: -32.20%
|Next Earnings Date:Aug 08, 2018
Earnings Call Sentiment|Positive
The earnings call presented a generally positive outlook for TeraGo, highlighted by improved financial metrics, a significant new contract, and increased revenue and cash flow. However, challenges remain, particularly regarding the net loss and the need to refinance debt. Despite these challenges, the company's strategic efforts appear to be yielding positive results.Company Guidance
During the TeraGo Q3 2024 earnings call, the company provided several key performance metrics indicating positive financial and operational trends. The gross margin improved by 1.2%, with a significant 31% reduction in customer churn and a 2.8% rise in adjusted EBITDA. Average Revenue Per Account (ARPA) increased by 8.1% to $1,221 compared to the previous year, while cash flow from operations surged by 56%. Total revenues for the quarter reached $6.54 million, a slight increase from $6.49 million in Q3 2023, largely due to increased sales bookings and decreased churn. Although the net loss widened slightly to $3.3 million from $3.1 million the previous year, the company generated $1.1 million in cash from operations, up from $0.7 million in the same period of 2023. The company also highlighted a multi-million dollar agreement with a major Canadian retailer, expected to boost revenue in the coming year, reflecting a robust sales pipeline and strategic focus on mid-market and large-scale customers.Improved Financial Metrics
Gross margin increased by 1.2%, customer churn reduced by 31%, adjusted EBITDA rose by 2.8%, ARPA grew by 8.1%, and cash flow from operations increased by 56%.
Major Contract Acquisition
Secured a multimillion-dollar agreement with a major Canadian retailer to enhance their applications and network infrastructure using TeraGo's advanced Managed Fixed Wireless Internet and SD-WAN solutions.
Revenue Growth
Total revenues for Q3 2024 were $6.54 million, compared to $6.49 million in Q3 2023, driven by increased sales bookings and lower customer churn.
Increased Cash Generation
Generated $1.1 million in cash from operations in Q3 2024, compared to $0.7 million in the same period in 2023.
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TSE:TGO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:TGO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 11, 2024 | C$1.77 | C$1.66 | -6.21% |
| Aug 07, 2024 | C$1.94 | C$2.02 | +4.12% |
| May 15, 2024 | C$1.70 | C$1.93 | +13.53% |
| Mar 06, 2024 | C$1.29 | C$1.29 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does TeraGo Inc. (TSE:TGO) report earnings?
TeraGo Inc. (TSE:TGO) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is TeraGo Inc. (TSE:TGO) earnings time?
TeraGo Inc. (TSE:TGO) earnings time is at Feb 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:TGO EPS forecast?
Currently, no data Available
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