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  5. SYZ: SYZ earnings didn't look too bad, with pretty good revenue growth. [Sylogist Ltd.]
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Q: SYZ earnings didn't look too bad, with pretty good revenue growth. The stock was down at the open but recovered by the close. What's your take on the quarter and on SYZ future prospects?
Asked by David on May 12, 2023
5i Research Answer:

Revenues of $15.9 mln beat estimates of $14.8. EBITDA of $4 mln was a bit light but largely in line with expectations. Organic growth was at 21% and bookings appears to be gaining some momentum. We think this was a good step in showing that the strategic changes are working and don't really see a whole lot to pick on here.