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Converge Technology Solutions (STU:0ZB) Revenue : €1,862 Mil (TTM As of Dec. 2023)


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What is Converge Technology Solutions Revenue?

Converge Technology Solutions's revenue for the three months ended in Dec. 2023 was €445 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was €1,862 Mil. Converge Technology Solutions's Revenue per Share for the three months ended in Dec. 2023 was €2.18. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was €9.02.

During the past 12 months, the average Revenue per Share Growth Rate of Converge Technology Solutions was 30.50% per year. During the past 3 years, the average Revenue per Share Growth Rate was 12.40% per year. During the past 5 years, the average Revenue per Share Growth Rate was 9.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 6 years, Converge Technology Solutions's highest 3-Year average Revenue per Share Growth Rate was 12.40% per year. The lowest was -0.30% per year. And the median was 4.10% per year.


Converge Technology Solutions Revenue Historical Data

The historical data trend for Converge Technology Solutions's Revenue 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.

Converge Technology Solutions Revenue Chart

Converge Technology Solutions Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial 470.06 608.88 919.39 1,504.18 1,849.04

Converge Technology Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 445.37 462.94 462.55 491.74 445.03

Competitive Comparison of Converge Technology Solutions's Revenue

For the Information Technology Services subindustry, Converge Technology Solutions's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Converge Technology Solutions's Revenue Distribution in the Software Industry

For the Software industry and Technology sector, Converge Technology Solutions's Revenue distribution charts can be found below:

* The bar in red indicates where Converge Technology Solutions's Revenue falls into.



Converge Technology Solutions Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,862 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.


Converge Technology Solutions  (STU:0ZB) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Converge Technology Solutions Revenue Related Terms

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Converge Technology Solutions (STU:0ZB) Business Description

Traded in Other Exchanges
Address
161 Bay Street, Suite 2325, Toronto, ON, CAN, M5J 2T6
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.

Converge Technology Solutions (STU:0ZB) Headlines

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