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

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

Tialis Essential IT Trading Up 34.3%

LON:TIA traded up GBX 11.50 during trading hours on Tuesday, hitting GBX 45. 179,347 shares of the stock were exchanged, compared to its average volume of 19,820. Tialis Essential IT has a 52-week low of GBX 28 and a 52-week high of GBX 113. The firm’s fifty day moving average price is GBX 37.89 and its 200 day moving average price is GBX 59.11. The company has a market cap of £17.96 million, a P/E ratio of -3.50 and a beta of 0.96.

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.