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Quorum Information Technologies Inc. (QIS)
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Q: Hi Peter can you let me know what you think of the Qtrly results.
Thanks

Asked by Frank on August 24, 2023

5i Research Answer:

Revenue for the quarter rose 2% to $10 mln, a record for the company. Gross margin held steady at 48% while the company saw adjusted EBITDA margins rise to 17%. Total dealer rooftops has been trending lower which is not ideal but it looks like the company is making adjustments to their solutions to address this issue.

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