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Converge Technology Solutions Corporation

4.32

0.0000

Volume:- -

Turnover:- -

Market Cap:813.34M

PE:979.46

High:4.32

Open:4.32

Low:4.32

Close:4.32

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Overview Company News Filings

Press Release: H.I.G. Capital Completes Merger of Converge Technology Solutions and Mainline Information Systems to Form "Pellera Technologies"

Press Release: Court Grants Final Order to Converge Approving Acquisition by H.I.G. Capital

Press Release: Converge Technology Solutions Shareholders Approve the Acquisition by H.I.G. Capital

Press Release: Converge Technology Solutions and H.I.G. Capital Agree to Amend Arrangement Agreement

Press Release: Converge Technology Solutions and H.I.G. Capital Agree to Amend Arrangement Agreement

Press Release: Independent Proxy Advisory Firms Recommend Converge Technology Solutions Shareholders Vote For the Proposed Acquisition by an Affiliate of H.I.G. Capital

Press Release: Independent Proxy Advisory Firms Recommend Converge Technology Solutions Shareholders Vote For the Proposed Acquisition by an Affiliate of H.I.G. Capital

Press Release: Converge Announces Filing and Mailing of Management Information Circular in Connection with its Special Meeting of Shareholders to Approve the Acquisition by H.I.G. Capital

Press Release: Converge Reports Fourth Quarter and Fiscal Year 2024 Results

Press Release: Converge Reports Preliminary Fourth Quarter and Fiscal Year 2024 Financial Results and Conference Call Details

Converge Technology initiated with a Hold at Stifel

Press Release: Converge To Pay December 2024 Dividend One Day Earlier Due to Holidays

Press Release: Converge Reports Third Quarter 2024 Results

Press Release: Converge Reports Third Quarter 2024 Results

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Capital Completes Merger of Converge Technology Solutions and Mainline Information Systems to Form \"Pellera Technologies\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2529588435","media":"Dow Jones","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529588435?lang=en_us&edition=fundamental","pubTime":"2025-04-23 01:55","pubTimestamp":1745344500,"startTime":"0","endTime":"0","summary":"H.I.G. Capital Completes Merger of Converge Technology Solutions and Mainline Information Systems to Form \"Pellera Technologies\". Pellera stands at the forefront of delivering innovative IT solutions to enterprise and mid-market clients. The company's deep technical expertise, strategic focus, and collaborative approach have enabled their customers to achieve impactful business outcomes through the power of technology. Pro forma for the combination, Pellera generated approximately $4 billion in revenue in 2024 and will provide unparallelled technology expertise to its customers in critical growth areas including cybersecurity, cloud, digital infrastructure, and AI.Jeff Dobbelaere, President and Chief Operating Officer of Pellera, said: \"We are thrilled to join forces as we enter the next phase in our growth journey. Together, we have stronger relationships with our industry-leading partners, unlocking greater access and broader solutions for our clients. The business is poised to creat","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation,merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["HIGA","CTSDF","BK4134","III"],"gpt_icon":0},{"id":"2528204431","title":"Press Release: Court Grants Final Order to Converge Approving Acquisition by H.I.G. Capital","url":"https://stock-news.laohu8.com/highlight/detail?id=2528204431","media":"Dow Jones","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2528204431?lang=en_us&edition=fundamental","pubTime":"2025-04-17 06:40","pubTimestamp":1744843200,"startTime":"0","endTime":"0","summary":"TORONTO and GATINEAU, QC, April 16, 2025 /PRNewswire/ - Converge Technology Solutions Corp.     announced today that the Ontario Superior Court of Justice  has issued a final order approving the previously announced plan of arrangement  involving the Company and 16728421 Canada Inc. , an affiliate of H.I.G. Capital  pursuant to which the Purchaser will acquire all of the issued and outstanding common shares in the capital of Converge , other than certain Shares held by certain shareholders who entered into rollover equity agreements.Subject to the satisfaction or waiver, where permitted, of the remaining conditions to closing contained in the arrangement agreement entered into between the Company and the Purchaser dated February 6, 2025, as amended by the amending agreement dated April 1, 2025 , it is anticipated that the Arrangement will be completed by the parties on or about April 22, 2025.The Company also announced that all regulatory approvals necessary for completion of the Arran","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["HIGA","CTSDF","BK4134"],"gpt_icon":0},{"id":"2526548259","title":"Press Release: Converge Technology Solutions Shareholders Approve the Acquisition by H.I.G. Capital","url":"https://stock-news.laohu8.com/highlight/detail?id=2526548259","media":"Dow Jones","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526548259?lang=en_us&edition=fundamental","pubTime":"2025-04-11 02:48","pubTimestamp":1744310880,"startTime":"0","endTime":"0","summary":"TORONTO and GATINEAU, QC, April 10, 2025 /CNW/ - Converge Technology Solutions Corp.     is pleased to announce that at its special meeting of shareholders held today , holders  of Converge's common shares  approved the special resolution authorizing the proposed acquisition of Converge by an affiliate of H.I.G. Capital , pursuant to a plan of arrangement under the Canada Business Corporations Act .Converge will seek a final order of the Ontario Superior Court of Justice  to approve the Arrangement at a hearing expected to be held on April 16, 2025. The Arrangement is expected to be completed on or about April 22, 2025.Converge Technology Solutions Corp. is reimagining the way businesses think about IT--a vision driven by people, for people. Since 2017, we've focused on delivering outcomes-driven solutions that tackle human- centered chall","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation,merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4134","CTSDF","HIGA"],"gpt_icon":0},{"id":"2524488353","title":"Press Release: Converge Technology Solutions and H.I.G. Capital Agree to Amend Arrangement Agreement","url":"https://stock-news.laohu8.com/highlight/detail?id=2524488353","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524488353?lang=en_us&edition=fundamental","pubTime":"2025-04-02 11:51","pubTimestamp":1743565860,"startTime":"0","endTime":"0","summary":"TORONTO and GATINEAU, QC, April 1, 2025 /CNW/ - Converge Technology Solutions Corp.     announced today that the Company has agreed to amend  the previously announced arrangement agreement dated February 6, 2025  with an affiliate of H.I.G. Capital , whereby H.I.G has agreed to acquire all of the issued and outstanding common shares  of the Company . Under the terms of the Amendment, shareholders will receive C$6.00 per Common Share in cash , other than Common Shares held by certain shareholders who enter into rollover equity agreements. Defined terms used herein that are not otherwise defined have the meaning given to them in the Arrangement Agreement.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4134","HIGA","BK4080","BK4231","CTSDF","ADC"],"gpt_icon":0},{"id":"2524488332","title":"Press Release: Converge Technology Solutions and H.I.G. Capital Agree to Amend Arrangement Agreement","url":"https://stock-news.laohu8.com/highlight/detail?id=2524488332","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524488332?lang=en_us&edition=fundamental","pubTime":"2025-04-02 11:51","pubTimestamp":1743565860,"startTime":"0","endTime":"0","summary":"TORONTO and GATINEAU, QC, April 1, 2025 /PRNewswire/ - Converge Technology Solutions Corp.     announced today that the Company has agreed to amend  the previously announced arrangement agreement dated February 6, 2025  with an affiliate of H.I.G. Capital , whereby H.I.G has agreed to acquire all of the issued and outstanding common shares  of the Company . Under the terms of the Amendment, shareholders will receive C$6.00 per Common Share in cash , other than Common Shares held by certain shareholders who enter into rollover equity agreements. Defined terms used herein that are not otherwise defined have the meaning given to them in the Arrangement Agreement.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CTSDF","BK4080","BK4134","HIGA","BK4231","ADC"],"gpt_icon":0},{"id":"2522483306","title":"Press Release: Independent Proxy Advisory Firms Recommend Converge Technology Solutions Shareholders Vote For the Proposed Acquisition by an Affiliate of H.I.G. Capital","url":"https://stock-news.laohu8.com/highlight/detail?id=2522483306","media":"Dow Jones","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522483306?lang=en_us&edition=fundamental","pubTime":"2025-03-26 05:00","pubTimestamp":1742936400,"startTime":"0","endTime":"0","summary":"Independent Proxy Advisory Firms Recommend Converge Technology Solutions Shareholders Vote For the Proposed Acquisition by an Affiliate of H.I.G. Capital. TORONTO and GATINEAU, QC, March 25, 2025 /PRNewswire/ - Converge Technology Solutions Corp.     is pleased to announce that two leading independent proxy advisory firms, including Institutional Shareholder Services Inc. , have recommended that holders  of common shares of Converge  vote \"FOR\" the special resolution approving the previously announced statutory plan of arrangement under Section 192 of the Canada Business Corporations Act  between Converge and 16728421 Canada Inc. , an affiliate of H.I.G. Capital , pursuant to which all of the issued and outstanding Shares will be acquired by the Purchaser for cash consideration of C$5.50 per Share, other than certain Shares held by certain Shareholders who entered into rollover equity agreements with the Purchaser and its affiliates.The ISS report states that, among other things, \"in t","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation,merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4134","CTSDF","HIGA"],"gpt_icon":0},{"id":"2522283370","title":"Press Release: Independent Proxy Advisory Firms Recommend Converge Technology Solutions Shareholders Vote For the Proposed Acquisition by an Affiliate of H.I.G. Capital","url":"https://stock-news.laohu8.com/highlight/detail?id=2522283370","media":"Dow Jones","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522283370?lang=en_us&edition=fundamental","pubTime":"2025-03-26 05:00","pubTimestamp":1742936400,"startTime":"0","endTime":"0","summary":"Independent Proxy Advisory Firms Recommend Converge Technology Solutions Shareholders Vote For the Proposed Acquisition by an Affiliate of H.I.G. Capital. TORONTO and GATINEAU, QC, March 25, 2025 /CNW/ - Converge Technology Solutions Corp.     is pleased to announce that two leading independent proxy advisory firms, including Institutional Shareholder Services Inc. , have recommended that holders  of common shares of Converge  vote \"FOR\" the special resolution approving the previously announced statutory plan of arrangement under Section 192 of the Canada Business Corporations Act  between Converge and 16728421 Canada Inc. , an affiliate of H.I.G. Capital , pursuant to which all of the issued and outstanding Shares will be acquired by the Purchaser for cash consideration of C$5.50 per Share, other than certain Shares held by certain Shareholders who entered into rollover equity agreements with the Purchaser and its affiliates.The ISS report states that, among other things, \"in this cir","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation,merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CTSDF","HIGA","BK4134"],"gpt_icon":0},{"id":"2519806509","title":"Press Release: Converge Announces Filing and Mailing of Management Information Circular in Connection with its Special Meeting of Shareholders to Approve the Acquisition by H.I.G. Capital","url":"https://stock-news.laohu8.com/highlight/detail?id=2519806509","media":"Dow Jones","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2519806509?lang=en_us&edition=fundamental","pubTime":"2025-03-14 20:30","pubTimestamp":1741955400,"startTime":"0","endTime":"0","summary":"Converge Announces Filing and Mailing of Management Information Circular in Connection with its Special Meeting of Shareholders to Approve the Acquisition by H.I.G. Capital. Further, the Company announced today that the Ontario Superior Court of Justice  has issued an interim order in connection with the Arrangement , authorizing the calling and holding of the Meeting and other matters related to the conduct of the Meeting. The Company also announced that the waiting period applicable to the Arrangement  under the Hart-Scott Rodino Antitrust Improvements Act of 1976   has expired. The expiration of the waiting period under the HSR Act satisfies one of the conditions necessary for completion of the Arrangement.The Board of Directors of Converge unanimously (with an interest","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4134","CTSDF","III","HIGA"],"gpt_icon":0},{"id":"2517927130","title":"Press Release: Converge Reports Fourth Quarter and Fiscal Year 2024 Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2517927130","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2517927130?lang=en_us&edition=fundamental","pubTime":"2025-03-06 06:00","pubTimestamp":1741212000,"startTime":"0","endTime":"0","summary":"TORONTO and GATINEAU, QC, March 5, 2025 /PRNewswire/ - Converge Technology Solutions Corp.     is pleased to provide its financial results for the three months and fiscal year ended December 31, 2024. All figures are in Canadian dollars unless otherwise stated.-- Gross sales1 of $1.11 billion, an increase of $27.4 million or 2.5%;-- Gross sales organic growth1 of 3.0% and gross profit organic growth1 of. -- Revenue of $680.8 million, an increase of $29.7 million or 4.6%;-- Gross profit decreased 1.6% to $178.6 million, representing a gross. -- Cash from operating activities was $57.0 million, a decrease of $57.5. million, compared to $114.5 million for the comparative period in the. -- Returned $20.6 million of capital to shareholders1 as compared to $4.7. million return of capital to shareholders in Q4 FY23; and. -- Reduced net debt1 by $14.5 million from $127.9 million at Q3 2024;-- Gross sales1 of $4.12 billion, an increase of $82.8 million or 2.1%;-- Revenue of $2.59 billion, a dec","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["HIGA","BK4149","CTSDF","GP","BK4134"],"gpt_icon":0},{"id":"2510854090","title":"Press Release: Converge Reports Preliminary Fourth Quarter and Fiscal Year 2024 Financial Results and Conference Call Details","url":"https://stock-news.laohu8.com/highlight/detail?id=2510854090","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510854090?lang=en_us&edition=fundamental","pubTime":"2025-02-10 21:00","pubTimestamp":1739192400,"startTime":"0","endTime":"0","summary":"Converge Reports Preliminary Fourth Quarter and Fiscal Year 2024 Financial Results and Conference Call Details. TORONTO and GATINEAU, QC, Feb. 10, 2025 /CNW/ - Converge Technology Solutions Corp.    , today announced preliminary results for the fourth quarter  and fiscal year ended December 31, 2024. The Company will hold a conference call to discuss complete financial results for Q4-2024 and fiscal year ended December 31, 2024 on Thursday, March 6 , 2025 at 8:00am EST. The call will be hosted by the Converge leadership team, followed by a question-and-answer period. Converge will report its financial results in the morning prior to the call.-- Gross sales1 is expected to be approximately $1.1 billion, an increase of. -- Revenue is expected to be approximately $680.8 million, an increase of. -- Gross profit is expected to be approximately $178.6 million, a decline of. -- Adjusted EBITDA1 is expected to be approximately $47.9 million, an. -- Cash from operating activities is expected to","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CTSDF","BK4134"],"gpt_icon":0},{"id":"2503670409","title":"Converge Technology initiated with a Hold at Stifel","url":"https://stock-news.laohu8.com/highlight/detail?id=2503670409","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503670409?lang=en_us&edition=fundamental","pubTime":"2025-01-16 05:25","pubTimestamp":1736976348,"startTime":"0","endTime":"0","summary":"Stifel initiated coverage of Converge Technology (CTSDF) with a Hold rating and C$4 price target The firm prefers Telus International (TIXT) over C...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/converge-technology-initiated-with-a-hold-at-stifel?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/converge-technology-initiated-with-a-hold-at-stifel?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4127","TIXT","BK4226","BK4134","BK4106","SF","CTSDF"],"gpt_icon":0},{"id":"2493320474","title":"Press Release: Converge To Pay December 2024 Dividend One Day Earlier Due to Holidays","url":"https://stock-news.laohu8.com/highlight/detail?id=2493320474","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2493320474?lang=en_us&edition=fundamental","pubTime":"2024-12-21 05:30","pubTimestamp":1734730200,"startTime":"0","endTime":"0","summary":"TORONTO and GATINEAU, QC, Dec. 20, 2024 /PRNewswire/ - Converge Technology Solutions Corp.     today announced that, further to the Company's press release dated November 12, 2024, due to the December 2024 holiday schedule, Converge will pay its previously announced dividend  of $0.015 per common share one day earlier, from December 28, 2024 to December 27, 2024.The record date of December 10, 2024  for the Dividend remains unchanged. The Dividend is in respect of and is based on Converge's financial results for the three and nine months ended September 30, 2024. The Dividend will be paid on December 27, 2024 to shareholders of record as of the close of business on the Record Date.Specifically, statements regarding the expected timing of the Dividend are considered forward-looking information. The forward-looking information are based on management's opinions, estimates and assumptions, including, but not limited to those assumptions described under the heading \"About Forward-Looking I","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CTSDF","BK4134"],"gpt_icon":0},{"id":"2482703453","title":"Press Release: Converge Reports Third Quarter 2024 Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2482703453","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482703453?lang=en_us&edition=fundamental","pubTime":"2024-11-12 20:15","pubTimestamp":1731413700,"startTime":"0","endTime":"0","summary":"Year-to-date cash generated from operating activities increased by $97 million to $212 million, enabling continued net debt reduction and a return of $61.7 million in capital to shareholders. Announces Completion of Group CEO Transition and Appoints Greg Berard, CEO to the Company's Board of Directors. TORONTO and GATINEAU, QC, Nov. 12, 2024 /PRNewswire/ - Converge Technology Solutions Corp.     is pleased to provide its financial results for the three and nine months period ended September 30, 2024. All figures are in Canadian dollars unless otherwise stated.-- Gross sales1 of $945.0 million, a decrease of $91.8 million or 8.9%;-- Gross sales organic growth1 of  and gross profit organic growth1 of. -- Revenue of $630.7 million, a decrease of $79.4 million or 11.2%;-- Gross profit decreased 9.1% to $158.3 million, representing a gross. -- Adjusted EBITDA1 decreased 22.2% to $32.1 million;million, compared to $95.9 million for the comparative period in the. million return of capital to ","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["GP","BK4149","CTSDF","BK4134"],"gpt_icon":0},{"id":"2482116703","title":"Press Release: Converge Reports Third Quarter 2024 Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2482116703","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482116703?lang=en_us&edition=fundamental","pubTime":"2024-11-12 20:15","pubTimestamp":1731413700,"startTime":"0","endTime":"0","summary":"Year-to-date cash generated from operating activities increased by $97 million to $212 million, enabling continued net debt reduction and a return of $61.7 million in capital to shareholders. Announces Completion of Group CEO Transition and Appoints Greg Berard, CEO to the Company's Board of Directors. TORONTO and GATINEAU, QC, Nov. 12, 2024 /CNW/ - Converge Technology Solutions Corp.     is pleased to provide its financial results for the three and nine months period ended September 30, 2024. 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