Mr. Ralph Garcea reports
TTGI ANNOUNCES PRELIMINARY SECOND QUARTER RESULTS WITH REVENUE UP 140%
Turnium Technology Group Inc. has released its preliminary and unaudited results for the quarter ended March 31, 2026, with revenue increasing to approximately $6.4-million, reflecting a 140-per-cent increase compared with $2.7-million from 2025.
The expected increased revenues reflect the contribution of the Insentra acquisition and continued expansion of Turnium's core operations. Gross profit increased to approximately $2.2-million compared with $1.5-million from 2025, while gross margin decreased to 33.7 per cent from 54.1 per cent, primarily due to the integration of Insentra, where roughly 46 per cent of its revenues are derived from professional services, due to seasonality impacts on billable hours during holiday periods.
For the third quarter ending June 30, 2026, management currently expects revenue in the range of approximately $7.0-million to $7.5-million, with an anticipated gross margin between 35 per cent and 45 per cent.
About Turnium Technology Group Inc.
Turnium Technology acquires companies that complement its technology-as-a-service (TaaS) strategy, integrates them to generate efficiencies and delivers their solutions through a global partner-led program to customers worldwide. Turnium Technology's mission is to provide IT providers with a complete, white-labelled portfolio of business technology solutions, enabling them to quickly add new services in response to customer demand.
Turnium Technology is focused on building a TaaS platform that incorporates all the services, platforms and capabilities that ISPs, MSPs, IT providers, VoIP/UCaaS, CCaaS or cloud providers might need. Additionally, Turnium Technology provides deployment resources, hardware, delivery, support, and marketing and sales enablement to help channel partners go to market quickly and deliver exceptional quality.
Turnium Technology delivers secure, cost-effective, uninterrupted, and scalable global IT solutions to its partners and their end customers -- because "connectivity matters."
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