Quorum Information Technologies (TSE:QIS) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Quorum Information Technologies reported a significant increase in its Q3 2024 financial performance, with a 15% rise in adjusted EBITDA and a 39% increase in adjusted cash income compared to the previous year. The company also made strides in reducing its BDC Capital Facility debt and expressed confidence in its growth strategy and product offerings. These results highlight Quorum’s successful cost management and profitable growth strategy, positioning it well for future investments.
For further insights into TSE:QIS stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Nvidia Stock Could Take a Beating from Supply Snags on Blackwell Chips
- ‘This Is Just Pure Hype,’ Says Top Investor About Tesla Stock
- Will Palantir Stock Crash to $28? Jefferies Sounds the Alarm
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
