TeraGo (TSE:TGO) Posts Quarterly Earnings Results

TeraGo (TSE:TGO) posted its quarterly earnings data on Tuesday. The company reported C($0.08) EPS for the quarter, FiscalAI reports. TeraGo had a negative return on equity of 8,731.77% and a negative net margin of 66.12%.The firm had revenue of C$6.17 million during the quarter.

TeraGo Stock Down 10.5%

Shares of TGO traded down C$0.10 during mid-day trading on Tuesday, reaching C$0.85. The company’s stock had a trading volume of 9,810 shares, compared to its average volume of 27,478. The company has a market cap of C$33.16 million, a price-to-earnings ratio of -1.81, a price-to-earnings-growth ratio of -1.00 and a beta of 0.40. The business has a fifty day moving average of C$0.88 and a 200 day moving average of C$0.83. The company has a quick ratio of 0.60, a current ratio of 1.53 and a debt-to-equity ratio of 864.32. TeraGo has a 1 year low of C$0.60 and a 1 year high of C$1.50.

TeraGo Company Profile

TERAGO provides managed network and security services to businesses across Canada ensuring highly secure, reliable, and redundant connectivity including private 5G wireless networks, Fixed Wireless access, fiber, and cable wireline network connectivity. As Canada’s biggest mmWave spectrum holders, the Company possesses spectrum licenses in the 24 GHz and 38 GHz spectrum bands, which it utilizes to provide secure, dedicated SLA guaranteed enterprise grade performance that is technology diverse from buried cables ensuring high availability connectivity services.