Tantalus Systems (TSE:GRID) Announces Earnings Results

Tantalus Systems (TSE:GRID) announced its quarterly earnings data on Wednesday. The company reported C($0.03) EPS for the quarter, FiscalAI reports. The business had revenue of C$21.91 million during the quarter. Tantalus Systems had a negative net margin of 1.28% and a negative return on equity of 6.81%.

Tantalus Systems Price Performance

GRID traded down C$0.04 on Wednesday, hitting C$4.90. 157,027 shares of the company’s stock traded hands, compared to its average volume of 153,313. The company’s 50 day simple moving average is C$5.16 and its 200-day simple moving average is C$5.23. The firm has a market cap of C$275.78 million, a price-to-earnings ratio of -245.00 and a beta of 0.53. Tantalus Systems has a one year low of C$2.67 and a one year high of C$6.64. The company has a current ratio of 1.60, a quick ratio of 0.51 and a debt-to-equity ratio of 37.88.

About Tantalus Systems

Tantalus is a technology company dedicated to helping utilities modernize their distribution grids by harnessing the power of data across all their devices and systems deployed throughout the entire distribution grid. The Company offers a grid modernization platform across multiple levels: intelligent connected devices, communications networks, data management, enterprise applications and analytics. Our solutions provide utilities with the flexibility they need to get the most value from existing infrastructure investments while leveraging advanced capabilities to plan for future requirements.