Canadian Technology Stocks and Startups
Global Maxfin analyst Ralph Garcea says Canada’s largest tech still has lots of room to grow. The story of Research in Motion’s fall from grace and tempered revival under a new name has, for those outside our country, been the story of Canadian tech for some time. But lost in the din of the BlackBerry [...]
Cantor Fitzgerald analysts Justin Kew and Tom Liston say Wi-LAN (TSX:WIN) these days is a rare thing: a stock with significant upside and a valuation that provides a floor price. This morning, Wi-LAN reported its Q1, 2013 numbers. The company lost $6.43-million on revenue of $18.4-million, which it says was ahead of its own guidance [...]
Industrial Alliance Securities analyst Al Nagaraj says Macdonald Dettwiler(TSX:MDA) is beginning to capitalize on growing international demand for its satellite and remote sensing capabilities. On Friday, Macdonald Dettwiler reported its Q1, 2013 numbers. The company earned $2.2-million on revenue of $428.6-million. MDA noted that order booking was particularly strong, with an order backlog of $3-billion [...]
Tech writer Lucas Atkins of N4BB has what appears to be leaked pictures of the upcoming R10, the entry level BlackBerry 10 device that is supposedly based on the older Curve devices. A cheaper version of BlackBerry’s new operating system is viewed by many as important because the company’s growth in recent years has come [...]
When Sierra Wireless (TSX:SW) sold its AirCard unit to California-based Netgear early this year, it was the last and largest move in a long term plan. That plan was to become a machine-to machine pure play, something the company sees as a path to sustainable profitability. Numbers out of the Las Vegas Computer Electronics Show [...]
Global Maxfin analyst Ralph Garcea says Amaya Gaming’s (TSXV:AYA) most recent deal is more evidence that the company is positioned for growth. Yesterday, Amaya announced that it had entered into a memorandum of understanding with Aristocrat Technologies that will result in Aristocrat offering Amaya’s Ongame poker network platform to Aristocrat’s U.S. customers through its nLive [...]
M Partners analyst Ron Shuttleworth says the business Redknee (TSX:RKN) acquired through Nokia Siemens Networks is showing signs of stickiness and stability. Shuttleworth notes that, over the past few days, Redknee has announced some meaningful customer renewals. He believes each of these deals will represent $3-million to $4-million in annualized revenue, and many are incorporating [...]
Cantor Fitzgerald analyst Tom Liston says the market is overreacting to Catamaran’s (TSX:CCT) Q1 numbers. This morning, the company released its Q1, 2013 results. Catamaran earned $56.78-million on revenue of to $3.2-billion, an 88% bump over the $1.7-billion the company posted in the first quarter of 2012. While the stock was down immediately after the [...]
Maybe its time for a name change. They haven’t actually made a car in some time, and now Zenn Motors (TSXV:ZNN) is severing its last tie to manufacturing. The company today announced it will close its service operations and cease to provide parts and service support currently offered for ZENN LSVs, on June 30th. ZENN, [...]
Cormark analyst Richard Tse says CGI Group (TSX:GIB.A) has laid a lot of doubt about its Logica acquisition to rest. Yesterday, before market open, CGI reported its Q2, 2013 numbers. The company earned $114.2-million on revenue of $2.53-billion, a topline that was up 137% year-over-year. CEO Michael Roach said the massive integration task (Logica was, [...]
