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 [...]
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, [...]
Ackroo (TSXV:AKR) this morning reported its Q1, 2013 numbers. The Ottawa-based company’s nearly doubled its revenue, but still posted a loss as it rolls out its loyalty platform aimed at small and medium-sized businesses. Ackroo lost $1.55-million on revenue of $230,992. The company’s topline was up from $122,915 in the same period a year prior. [...]
Cantor Fitzgerald analysts Tom Liston and Justin Kew say keep a close eye on CGI Group’s (TSX:GIB.A) margins. CGI will be reporting its Q2, 2013 results tomorrow morning before the market open, and the Cantor Fitzgerald analysts are a little less optimistic than the street consensus. The pair expect CGI will earn $213.8-million, or $0.45 [...]
Macdonald Dettwiler’s (TSX:MDA) massive acquisition of Space Systems Loral should soon start to make a real impact on its bottom line, says Industrial Alliance analyst Al Nagaraj. On Friday, May 3rd, MacDonald Dettwiler will report its Q1, 2013 results. The consensus estimate has MDA posting revenue of $459-million, Nagaraj thinks they will come in at [...]
Industrial Alliance Securities analyst Al Nagaraj says investors bidding Softchoice (TSX:SO) above yesterday’s proposed buyout price might be a tad optimistic. Yesterday, Softchoice announced its board had unanimously approved the sale of the company to Birch Hill Capital Partners for $20 per share, a number that values the company at approximately $412-million. Nagaraj says a [...]
Shares of Dragonwave (TSX:DWI) are spiking today after announcing it has renewed its contract with Nokia Siemens Networks, and made changes to it working arrangement management says will strengthen the working relationship between the two companies. Dragonwave, which supplies microwave radios to Nokia Siemens, will be helped out by with an immediate cash payment of [...]
Softchoice (TSX:SO) is growing, but it doesn’t appear to be losing that small company charm. The Toronto-based IT company was today named a Best Large Workplace in Canada by the Great Place to Work® Institute. The awards are handed out largely on the basis of employee feedback. “We are committed to unleashing the potential of [...]
Following a reverse takeover, Pivot Technology (TSXV:PTG) began trading on the TSX Venture Exchange today. The Carlsbad, California-based company, which was founded by former Apple CEO John Sculley in 2010, says it is already one of North America’s biggest multi-vendor solutions providers, with more than 2000 clients. Pivot CEO Greg Gallagher said flexibility is the [...]
On Friday, CriticalControl Solutions (TSX:CCZ) posted its Q4 and fiscal 2012 results. For the year, the company earned $300,000, while its topline fell 5% to $46.8-million. CEO Alykhan Mamdani said the company is in good shape going forward. “We have executed on our strategic objectives, increased our recurring revenue and reduced our debt by $1.6-million, [...]
