TORONTO und GATINEAU, QC, Kanada, 22. Dezember 2024 /PRNewswire/ -- Converge Technology Solutions Corp. („Converge" oder „Unternehmen") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) gab heute bekannt, dass Converge gemäß seiner Pressemitteilung vom 12. November 2024 aufgrund der Feiertage im Dezember 2024 die Auszahlung seiner zuvor angekündigten Dividende (die „Dividende") von 0,015 USD je Stammaktie um einen Tag vorziehen wird, nämlich vom 28. Dezember 2024 auf den 27. Dezember 2024.

Der Stichtag 10. Dezember 2024 (der „Stichtag") für die Dividende bleibt unverändert. Die Dividende bezieht sich auf die Finanzergebnisse von Converge für die drei und neun Monate bis zum 30. September 2024 und basiert auf diesen Ergebnissen. Die Dividende wird am 27. Dezember 2024 an die zum Geschäftsschluss des Stichtags eingetragenen Aktionäre ausgezahlt.

TORONTO and GATINEAU, QC, Dec. 20, 2024 /CNW/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) today announced that, further to the Company's press release dated November 12, 2024, due to the December 2024 holiday schedule, Converge will pay its previously announced dividend (the "Dividend") of $0.015 per common share one day earlier, from December 28, 2024 to December 27, 2024.

TORONTO and GATINEAU, QC, Dec. 20, 2024 /PRNewswire/ -- Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) today announced that, further to the Company's press release dated November 12, 2024, due to the December 2024 holiday schedule, Converge will pay its previously announced dividend (the "Dividend") of $0.015 per common share one day earlier, from December 28, 2024 to December 27, 2024.

The record date of December 10, 2024 (the "Record Date") for the Dividend remains unchanged. The Dividend is in respect of and is based on Converge's financial results for the three and nine months ended September 30, 2024. The Dividend will be paid on December 27, 2024 to shareholders of record as of the close of business on the Record Date.

TORONTO and GATINEAU, QC, Dec. 20, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) today announced that, further to the Company's press release dated November 12, 2024, due to the December 2024 holiday schedule, Converge will pay its previously announced dividend (the "Dividend") of $0.015 per common share one day earlier, from December 28, 2024 to December 27, 2024.

TORONTO and GATINEAU, QC, Nov. 20, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (OTCQX: CTSDF) is pleased to announce it has joined Tony Stewart Racing (TSR) to serve as associate sponsor of TSR in a multi-year agreement in the NHRA Mission Foods Drag Racing Series season. This will be Converge's first partnership in the arena of motorsports partnership and marketing.

TORONTO and GATINEAU, QC, Nov. 20, 2024 /CNW/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (OTCQX: CTSDF) is pleased to announce it has joined Tony Stewart Racing (TSR) to serve as associate sponsor of TSR in a multi-year agreement in the NHRA Mission Foods Drag Racing Series season. This will be Converge's first partnership in the arena of motorsports partnership and marketing.

Year-to-date cash generated from operating activities increased by $97 million to $212 million, enabling continued net debt1 reduction and a return of $61.7 million in capital to shareholders1

Announces Completion of Group CEO Transition and Appoints Greg Berard, CEO to the Company's Board of Directors

TORONTO and GATINEAU, QC, Nov. 12, 2024 /CNW/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to provide its financial results for the three and nine months period ended September 30, 2024. All figures are in Canadian dollars unless otherwise stated.

Year-to-date cash generated from operating activities increased by $97 million to $212 million, enabling continued net debt1 reduction and a return of $61.7 million in capital to shareholders1

Announces Completion of Group CEO Transition and Appoints Greg Berard, CEO to the Company's Board of Directors

TORONTO and GATINEAU, QC, Nov. 12, 2024 /PRNewswire/ -- Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to provide its financial results for the three and nine months period ended September 30, 2024. All figures are in Canadian dollars unless otherwise stated.

Year-to-date cash generated from operating activities increased by $97 million to $212 million, enabling continued net debt1 reduction and a return of $61.7 million in capital to shareholders1

Announces Completion of Group CEO Transition and Appoints Greg Berard, CEO to the Company's Board of Directors

TORONTO and GATINEAU, QC, Nov. 12, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to provide its financial results for the three and nine months period ended September 30, 2024. All figures are in Canadian dollars unless otherwise stated.

TORONTO und GATINEAU, QC, 9. November 2024 /PRNewswire/ -- Converge Technology Solutions Corp. („Converge" oder „das Unternehmen") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) freut sich bekannt zu geben, dass es von Ingram Micro, einem führenden Technologieunternehmen für das globale Informationstechnologie-Ökosystem, das fast 90 % der Weltbevölkerung erreicht, zum Lösungspartner des Jahres für Nordamerika ernannt wurde. Die Auszeichnung von Converge wurde im Rahmen des Ingram Micro ONE Innovation Summit 2024 verliehen, der vom 6. bis 8. November 2024 in Maryland stattfand.

TORONTO and GATINEAU, QC, Nov. 8, 2024 /CNW/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce it has been named Solution Partner of the Year for North America by Ingram Micro, a leading technology company for the global information technology ecosystem reaching nearly 90% of the world's population. Converge's award was presented as part of the 2024 Ingram Micro ONE Innovation Summit, held from November 6-8, 2024, in Maryland.

TORONTO and GATINEAU, QC, Nov. 8, 2024 /PRNewswire/ -- Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce it has been named Solution Partner of the Year for North America by Ingram Micro, a leading technology company for the global information technology ecosystem reaching nearly 90% of the world's population. Converge's award was presented as part of the 2024 Ingram Micro ONE Innovation Summit, held from November 6-8, 2024, in Maryland.

TORONTO and GATINEAU, QC, Nov. 8, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce it has been named Solution Partner of the Year for North America by Ingram Micro, a leading technology company for the global information technology ecosystem reaching nearly 90% of the world's population. Converge's award was presented as part of the 2024 Ingram Micro ONE Innovation Summit, held from November 6-8, 2024, in Maryland.

TORONTO and GATINEAU, QC, Nov. 1, 2024 /CNW/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) is pleased to announce that CRN, a brand of The Channel Company, has named Converge as a 2024 Triple Crown Award winner. This elite recognition is awarded to solution providers who earn spots on three of CRN's most prestigious lists in one year.

The Triple Crown Award goes to companies who were honored on the Solution Provider 500, which ranks the largest IT solution providers in North America based on revenue; the Fast Growth 150, which spotlights the fastest-growing organizations in the channel; and the Tech Elite 250, which recognizes companies that attained the highest-level certifications from leading technology vendors in the industry.

TORONTO and GATINEAU, QC, Nov. 1, 2024 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) is pleased to announce that CRN, a brand of The Channel Company, has named Converge as a 2024 Triple Crown Award winner. This elite recognition is awarded to solution providers who earn spots on three of CRN's most prestigious lists in one year.

The Triple Crown Award goes to companies who were honored on the Solution Provider 500, which ranks the largest IT solution providers in North America based on revenue; the Fast Growth 150, which spotlights the fastest-growing organizations in the channel; and the Tech Elite 250, which recognizes companies that attained the highest-level certifications from leading technology vendors in the industry.

TORONTO and GATINEAU, QC, Oct. 28, 2024 /PRNewswire/ -- Stone Technologies Ltd., A Converge Technology Solutions Corp. Company, ("Stone" or "Stone Group") today announced the departure of current CEO, Simon Harbridge. Since joining Stone Group in 2005, Simon has driven the company's transformation from a £38 million education focused OEM to a £160 million technology reseller with a sustainable and circular approach to the provision of IT and related services. Current Stone Chief Revenue and Marketing Officer, Tim Westbrook, will assume the role of Converge UK Managing Director, effective January 1, 2025.

TORONTO und GATINEAU, QC, 25. Oktober 2024 /PRNewswire/ -- Converge Technology Solutions Corp. („Converge" oder „das Unternehmen") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) gab heute ausgewählte vorläufige ungeprüfte Finanzergebnisse für das Quartal bis zum 30. September 2024 bekannt („3. Quartal 2024"). Alle Angaben sind, sofern nicht anders angegeben, in kanadischen Dollar. 

Vorläufige Ergebnisse des 3. Quartals 2024 

Der Umsatz wird voraussichtlich zwischen 630,0 und 631,0 Millionen US-Dollar liegen, verglichen mit (i) einer zuvor prognostizierten Spanne von 636 bis 658 Millionen US-Dollar und (ii) einem Umsatz von 710,1 Millionen US-Dollar für das dritte Quartal 2023 („3. Quartal 2023").Der Bruttogewinn wird voraussichtlich im Bereich von 158,0 bis 158,5 Millionen US-Dollar liegen, verglichen mit (i) einer zuvor prognostizierten Spanne von 172 bis 178 Millionen US-Dollar und (ii) einem Bruttogewinn von 174,1 Millionen US-Dollar für das 3. Quartal 2023.Das bereinigte EBITDA1 wird voraussichtlich im Bereich von 31,8 bis 32,3 Millionen US-Dollar liegen, verglichen mit (i) einem zuvor prognostizierten Bereich von 43 bis 47 Millionen US-Dollar und (ii) 41,3 Millionen US-Dollar im bereinigten EBITDA1 für das 3. Quartal 2023.Es wird erwartet, dass der Cashflow aus betrieblicher Tätigkeit im Bereich von 48,0 bis 49,0 Millionen US-Dollar liegt, was einer Cash-Conversion1 von ungefähr 150 % des bereinigten EBITDA1 entspricht.

TORONTO, Oct. 24, 2024 /CNW/ - Trading resumes in:

Company: Converge Technology Solutions Corp.

TSX Symbol: CTS

All Issues: No

Resumption (ET): 9:39:07 AM

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

TORONTO, Oct. 24, 2024 /CNW/ - The following issues have been halted by CIRO:

Company: Converge Technology Solutions Corp.

TSX Symbol: CTS

All Issues: No

Reason: Single Stock Circuit Breaker

Halt Time (ET): 9:34:07 AM

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

TORONTO and GATINEAU, QC, Oct. 24, 2024 /PRNewswire/ -- Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) today announced select preliminary unaudited financial results for the three months ended September 30, 2024 ("Q3-2024"). All figures are in Canadian dollars unless otherwise stated. 

Q3-2024 Preliminary Results 

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 ("Q3-2023").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.Adjusted EBITDA1 is expected to be in the range of $31.8 to $32.3 million, compared to, (i) a previously guided range of $43 million to $47 million, and (ii) $41.3 million in Adjusted EBITDA1 for Q3-2023.Cash from operating activities is expected to be in the range of $48.0 to $49.0 million, representing cash conversion1 of approximately 150% from Adjusted EBITDA1.