TeraGo (TGO) Set to Announce Quarterly Earnings on Wednesday

TeraGo (TSE:TGO) is scheduled to post its quarterly earnings results after the market closes on Wednesday, November 7th. Analysts expect TeraGo to post earnings of C($0.06) per share for the quarter.

TeraGo (TSE:TGO) last posted its earnings results on Wednesday, August 8th. The company reported C($0.10) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C($0.05) by C($0.05). The company had revenue of C$13.68 million during the quarter, compared to analysts’ expectations of C$13.40 million.

TGO opened at C$10.13 on Tuesday. TeraGo has a twelve month low of C$4.04 and a twelve month high of C$10.50.

Several brokerages have commented on TGO. Cormark lifted their price target on TeraGo from C$6.05 to C$6.75 in a research report on Friday, August 10th. Desjardins lifted their price target on TeraGo from C$6.00 to C$7.00 in a research report on Friday, August 10th. Finally, TD Securities downgraded TeraGo from a “buy” rating to a “hold” rating and set a C$7.50 price target on the stock. in a research report on Friday, August 10th.

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TeraGo Company Profile

TeraGo Inc, together with its subsidiaries, provides connectivity, colocation, and enterprise infrastructure cloud services primarily in Canada. The company owns and operates a carrier-grade multi-protocol label switching enabled wireline and fixed wireless, Internet protocol (IP) communications network that provide Internet access, private interconnection, and data connectivity services to businesses.

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Earnings History for TeraGo (TSE:TGO)

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