Brokerages expect ConvergeOne Holdings (NASDAQ:CVON) to report earnings of $0.13 per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for ConvergeOne’s earnings. The lowest EPS estimate is $0.12 and the highest is $0.13. The company is scheduled to report its next earnings results on Tuesday, June 19th.

On average, analysts expect that ConvergeOne will report full-year earnings of $1.05 per share for the current fiscal year, with EPS estimates ranging from $1.04 to $1.05. For the next year, analysts forecast that the company will post earnings of $1.13 per share, with EPS estimates ranging from $1.10 to $1.16. Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that that provide coverage for ConvergeOne.

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ConvergeOne (NASDAQ:CVON) last announced its quarterly earnings results on Tuesday, March 20th. The company reported $0.19 earnings per share (EPS) for the quarter. The business had revenue of $299.23 million for the quarter.

A number of research analysts have recently issued reports on CVON shares. Needham & Company LLC started coverage on ConvergeOne in a report on Monday, March 19th. They set a “buy” rating and a $12.00 price target on the stock. William Blair started coverage on ConvergeOne in a report on Monday, March 19th. They set an “outperform” rating on the stock. BTIG Research started coverage on ConvergeOne in a report on Wednesday, March 21st. They set a “buy” rating and a $12.00 price target on the stock. ValuEngine downgraded ConvergeOne from a “buy” rating to a “hold” rating in a report on Wednesday, March 28th. Finally, Raymond James Financial initiated coverage on ConvergeOne in a report on Wednesday, April 11th. They issued a “market perform” rating on the stock. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. ConvergeOne currently has a consensus rating of “Buy” and an average target price of $12.00.

In other news, Director Richard Katzman bought 125,000 shares of the stock in a transaction on Thursday, February 22nd. The shares were bought at an average price of $8.00 per share, with a total value of $1,000,000.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of NASDAQ:CVON opened at $8.76 on Friday. ConvergeOne has a 1 year low of $7.95 and a 1 year high of $10.83.

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About ConvergeOne

ConvergeOne Holdings, Inc provides collaboration and technology solutions for large and medium enterprises. It offers cloud solutions, such as C1CX, a collaboration solution spanning unified communications and contact centers with software applications, integration, and professional services; hosted collaboration solutions; and any communications as a service solution.

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Earnings History and Estimates for ConvergeOne (NASDAQ:CVON)

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