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ConvergeOne Holdings (ConvergeOne Holdings) Net Income : $29.3 Mil (TTM As of Sep. 2018)


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What is ConvergeOne Holdings Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. ConvergeOne Holdings's Net Income for the three months ended in Sep. 2018 was $14.5 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2018 was $29.3 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. ConvergeOne Holdings's Earnings per Share (Diluted) for the three months ended in Sep. 2018 was $0.19.


ConvergeOne Holdings Net Income Historical Data

The historical data trend for ConvergeOne Holdings's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ConvergeOne Holdings Net Income Chart

ConvergeOne Holdings Annual Data
Trend Dec16 Dec17
Net Income
- 0.30

ConvergeOne Holdings Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Net Income Get a 7-Day Free Trial 1.30 13.48 8.81 -7.46 14.50

ConvergeOne Holdings Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

ConvergeOne Holdings's Net Income for the fiscal year that ended in Dec. 2017 is calculated as

Net Income(A: Dec. 2017 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.52+-0.222+0+-5.5511151231258E-17
=0.3

ConvergeOne Holdings's Net Income for the quarter that ended in Sep. 2018 is calculated as

Net Income(Q: Sep. 2018 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=8.958+5.54+0+-1.7763568394003E-15
=14.5

Net Income for the trailing twelve months (TTM) ended in Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $29.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ConvergeOne Holdings  (NAS:CVON) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

ConvergeOne Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2018 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


ConvergeOne Holdings Net Income Related Terms

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ConvergeOne Holdings (ConvergeOne Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3344 Highway 149, Eagan, MN, USA, 55121
ConvergeOne Holdings Inc provides unified communications, mobility, converged networking, management, server, and storage consolidation services.
Executives
David Boris director C/O TRIO MERGER CORP., 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Jose Enrique Feliciano director, 10 percent owner C/O CLEARLAKE CAPITAL GROUP, LLC, 650 MADISON AVE., 23RD FLOOR, NEW YORK NY 10022
Jeffrey E Nachbor officer: Chief Financial Officer LEAP WIRELESS INTERNATIONAL, INC., 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Behdad Eghbali director, 10 percent owner 233 WILSHIRE BLVD., SUITE 850, SANTA MONICA CA 90401
Ccg Operations, Llc 10 percent owner 650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Clearlake Capital Partners, Llc 10 percent owner 233 WILSHIRE BLVD., SUITE 800, SANTA MONICA CA 90401
Timothy Pawlenty director C/O DIGITAL RIVER, INC., 10380 BREN ROAD WEST, MINNETONKA MN 55343-9072
Richard Katzman director KAZ INC, 1775 BROADWAY SUITE 2405, NEW YORK NY 10019
Ccp Mm, Llc director, 10 percent owner 233 WILSHIRE BOULEVARD, SUITE 800, SANTA MONICA CA 90401
Steven Berns other: Former Director TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Jerry Elliott other: Former Director
Marshall Kiev other: See Remarks 135 EAST 57TH STREET 8TH FLOOR, NEW YORK NY 10022
Neil Goldberg other: Former Director 135 EAST 57TH STREET 8TH FLOOR, NEW YORK NY 10022
Stephen A Vogel other: Former Director 701 BRAZOS STREET, SUITE 1200, AUSTIN TX 78701