Tialis Essential IT (LON:TIA) Issues Quarterly Earnings Results

Tialis Essential IT (LON:TIA) announced its quarterly earnings results on Tuesday. The company reported GBX (5.55) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Tialis Essential IT had a negative net margin of 16.62% and a negative return on equity of 84.46%. The firm had revenue of GBX 1,766 million for the quarter.

Tialis Essential IT Stock Performance

Shares of TIA opened at GBX 55.30 on Thursday. Tialis Essential IT has a 52-week low of GBX 28 and a 52-week high of GBX 113. The company has a market cap of £22.07 million, a price-to-earnings ratio of -4.30 and a beta of 0.96. The stock has a fifty day moving average price of GBX 37.13 and a two-hundred day moving average price of GBX 58.77.

About Tialis Essential IT

Tialis Essential IT PLC, through its subsidiaries, provides network, cloud, and IT managed services to public and private companies in the United Kingdom. The company focuses on the storage, build, configuration, and shipping of all end-user devices, as well as offers on-site support engineers, tech bars, server maintenance, and fully managed project deployments. It also offers device lifecycle management and professional services. The company was formerly known as IDE Group Holdings plc and changed its name to Tialis Essential IT PLC in November 2022.