Tialis Essential IT (LON:TIA) Posts Quarterly Earnings Results

Tialis Essential IT (LON:TIA) posted its quarterly earnings results on Tuesday. The company reported GBX (5.55) EPS for the quarter, Digital Look Earnings reports. Tialis Essential IT had a negative net margin of 16.62% and a negative return on equity of 84.46%. The company had revenue of GBX 1,766 million during the quarter.

Tialis Essential IT Price Performance

Shares of LON:TIA traded up GBX 11.50 during midday trading on Tuesday, hitting GBX 45. The company had a trading volume of 179,347 shares, compared to its average volume of 19,820. Tialis Essential IT has a twelve month low of GBX 28 and a twelve month high of GBX 113. The stock has a market cap of £17.96 million, a price-to-earnings ratio of -3.50 and a beta of 0.96. The business’s 50-day simple moving average is GBX 37.89 and its 200-day simple moving average is GBX 59.11.

Tialis Essential IT Company Profile

Tialis Essential IT PLC, through its subsidiaries, provides network, cloud, and IT managed services to public and private companies in the United Kingdom. The company focuses on the storage, build, configuration, and shipping of all end-user devices, as well as offers on-site support engineers, tech bars, server maintenance, and fully managed project deployments. It also offers device lifecycle management and professional services. The company was formerly known as IDE Group Holdings plc and changed its name to Tialis Essential IT PLC in November 2022.