Converge Technology Solutions Reports Fourth Quarter and Fiscal Year 2020 Financial Results
USA - English
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Converge or the
Company ) (TSX:CTS) (FSE:0ZB) (OTCQX:CTSDF) a national platform of regionally focused Hybrid IT solution providers in the U.S. and Canada, is pleased to provide its financial results for the three and twelve month periods ended December 31, 2020. All figures are in CAD dollars unless otherwise stated.
Q420 & FY20 Highlights
Fourth quarter revenue increased 35% over the last year to $289.6 million and annual revenue increased 38% to $948.8 million
Fourth quarter adjusted EBITDA increased 98% over the last year to $23.4 and annual adjusted EBITDA increased 92% to $60.5 million