Converge Technology Solutions Corp
TSX:CTS
Gross Margin
Converge Technology Solutions Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CA |
C
|
Converge Technology Solutions Corp
TSX:CTS
|
1.1B CAD |
27%
|
|
| US |
|
International Business Machines Corp
NYSE:IBM
|
223.7B USD |
58%
|
|
| IE |
|
Accenture PLC
NYSE:ACN
|
159B USD |
32%
|
|
| IN |
|
Tata Consultancy Services Ltd
NSE:TCS
|
11.4T INR |
96%
|
|
| IN |
|
Infosys Ltd
NSE:INFY
|
6.4T INR |
30%
|
|
| IN |
|
HCL Technologies Ltd
NSE:HCLTECH
|
4.1T INR |
85%
|
|
| JP |
|
Fujitsu Ltd
TSE:6702
|
6.3T JPY |
33%
|
|
| JP |
|
NEC Corp
TSE:6701
|
6.1T JPY |
30%
|
|
| JP |
|
NTT Data Corp
TSE:9613
|
5.5T JPY |
28%
|
|
| JP |
N
|
NTT Data Group Corp
DUS:NT5
|
32B EUR |
28%
|
|
| US |
|
Cognizant Technology Solutions Corp
NASDAQ:CTSH
|
35.1B USD |
34%
|
Converge Technology Solutions Corp
Glance View
Converge Technology Solutions Corp. engages in combining accelerators and foundational infrastructure solutions to deliver best-of-breed solutions and services to customers. The company is headquartered in Toronto, Ontario. The company went IPO on 2018-04-30. The firm offers Hybrid IT solutions to assist them in their provision of multi-cloud solutions, blockchain and resiliency services, which enables the Company to address the business and IT issues that public and private-sector organizations face. The Company’s regional sales and services organizations deliver advanced analytics, cloud, cybersecurity, digital infrastructure and managed services offerings. The firm supports these solutions and digital infrastructure offerings across all IT vendors in the marketplace.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Converge Technology Solutions Corp's most recent financial statements, the company has Gross Margin of 26.7%.
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