TeraGo (TSE:TGO) Releases Quarterly Earnings Results

TeraGo (TSE:TGO) released its quarterly earnings results on Saturday. The company reported C$0.12 earnings per share for the quarter, FiscalAI reports. The business had revenue of C$6.20 million for the quarter. TeraGo had a negative return on equity of 62,018.60% and a negative net margin of 51.83%.

TeraGo Price Performance

TeraGo stock opened at C$0.84 on Friday. TeraGo has a fifty-two week low of C$0.60 and a fifty-two week high of C$1.50. The firm has a market capitalization of C$32.76 million, a price-to-earnings ratio of -1.30, a price-to-earnings-growth ratio of -1.00 and a beta of 0.46. The stock’s fifty day moving average is C$0.88 and its two-hundred day moving average is C$0.83. The company has a debt-to-equity ratio of -1,140.92, a quick ratio of 0.60 and a current ratio of 0.10.

TeraGo Company Profile

TeraGo provides wireless connectivity and private 5G wireless networking services to businesses operating across Canada. The Company holds 2120 MHz of exclusive spectrum licenses in the 24 GHz and 38 GHz spectrum bands, which it utilizes to provide secure and reliable enterprise grade networking and connectivity services. TeraGo serves over 1,800 Canadian and Global businesses operating in major markets across Canada, including Toronto, Montreal, Calgary, Edmonton, Vancouver, Ottawa and Winnipeg, and has been providing wireless services since 1999.