We feel now is a pretty good time to analyse Converge Technology Solutions Corp.’s (CVE:CTS) business as it appears the company may be on the cusp of a considerable accomplishment. Converge Technology Solutions Corp., through its subsidiaries, distributes storage devices and systems, computer products, software, and peripherals. The CA$160m market-cap company posted a loss in its most recent financial year of CA$10.8m and a latest trailing-twelve-month loss of CA$11.4m leading to an even wider gap between loss and breakeven. Many investors are wondering about the rate at which Converge Technology Solutions will turn a profit, with the big question being “when will the company breakeven?” Below we will provide a high-level summary of the industry analysts’ expectations for the company.
View our latest analysis for Converge Technology Solutions
According to the 5 industry analysts covering Converge Technology Solutions, the consensus is that breakeven is near. They anticipate the company to