Converge Technology Solutions (TSX:CTS) Other Income (Expense) : C$-202 Mil (TTM As of Sep. 2024)

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What is Converge Technology Solutions Other Income (Expense)?

Converge Technology Solutions's other income expense for the Converge Technology Solutions's pretax income for the three months ended in Sep. 2024 was C$-6 Mil. Its other income expense for the trailing twelve months (TTM) ended in Sep. 2024 was C$-202 Mil.

Converge Technology Solutions Other Income (Expense) Historical Data

The historical data trend for Converge Technology Solutions's Other Income (Expense) 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.

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Converge Technology Solutions Other Income (Expense) Chart

Converge Technology Solutions Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Income (Expense)

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-11.36

-16.67

-20.33

-17.77

-23.96

Converge Technology Solutions Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Other Income (Expense)	Get a 7-Day Free Trial															-2.43	-8.01	-5.94	-182.29	-6.09

Converge Technology Solutions Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-202 Mil.

Converge Technology Solutions (TSX:CTS) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Converge Technology Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Converge Technology Solutions Corp (TSX:CTS) » Definitions » Other Income (Expense)

Comparable Companies

Traded in Other Exchanges

CTSDF:USA 0ZB:Germany

Address

161 Bay Street, Suite 2325, Toronto, ON, CAN, M5J 2S1

Website

https://www.convergetp.com

Converge Technology Solutions Corp is a Canadian company building a platform of regionally focused Hybrid IT infrastructure providers that deliver best-of-breed solutions and services in the United States. The solutions provided include multi-cloud solutions, the blockchain, resiliency, and managed services, enabling the company to address the business and IT issues that public and private-sector organizations face.

Executives

Greg Berard	Senior Officer
John Teltsch	Senior Officer
Avjit Kamboj	Senior Officer
Toni Rinow	Director
Cory Reid	Senior Officer
Shaun Maine	Director, Senior Officer
Brian Arthur Phillips	Director
Thomas Volk	Director
Darlene Kelly	Director
Donald Lawrence Cuthbertson	Senior Officer
Richard Lecoutre	Senior Officer
Winton Smith	Senior Officer
Carl Gilbert Smith	Senior Officer
Gordon Mcmillan	10% Security Holder, Director
Ralph Garcea	Director