10:48:15 EDT Wed 09 Jul 2025
Enter Symbol
or Name
USA
CA



Quisitive Technology Solutions Inc
Symbol QUIS
Shares Issued 276,670,745
Close 2024-08-22 C$ 0.39
Market Cap C$ 107,901,591
Recent Sedar Documents

Globe says Quisitive Technology kept at "buy"

2024-08-22 09:05 ET - In the News

The Globe and Mail reports in its Thursday edition that Desjardins Securities analyst Jerome Dubreuil has reaffirmed his "buy" recommendation for Quisitive Technology Solutions. The Globe's David Leeder writes in the Eye On Equities column that Mr. Dubreuil jacked his share target ahead by a Canadian nickel to 65 Canadian cents. Analysts on average target the shares at 64 Canadian cents (all subsequent figures U.S.). On Tuesday, the Toronto-based Microsoft cloud and artificial intelligence solutions provider reported revenue of $29.6-million for the quarter, down 2 per cent year-over-year but largely in-line with the Street s projection of $30.3-million. Adjusted earnings before interest, taxes, depreciation and amortization of $3.9-million topped the consensus estimate of $3.6-million. Mr. Dubreuil says in a note: "Quisitive is ramping up sales and marketing investments, some of which will be financially supported by Microsoft. Indeed, the software giant appears committed to contributing to accelerating adoption of some of its AI services such as Copilot. Microsoft has historically preferred attacking the mid-market with partners such as Quisitive, which we believe would benefit if AI adoption finally accelerates."

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