Lumine Group Inc.

Equities

LMN

CA55027C1068

Investment Management & Fund Operators

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-05-07 pm EDT			5-day change	1st Jan Change
38.51 ^CAD	+1.74%		+2.12%	+28.80%

May. 01	Lumine Group Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 30	Lumine Group Completes Acquisition of Certain Casa Systems Assets	MT

Lumine Group Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

November 02, 2023 at 04:48 pm EDT

Lumine Group Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 131.3 million compared to USD 66.03 million a year ago. Net loss was USD 179.04 million compared to net income of USD 11.77 million a year ago. Basic loss per share from continuing operations was USD 2.42.
For the nine months, revenue was USD 356.57 million compared to USD 187.46 million a year ago. Net loss was USD 1,320.2 million compared to net income of USD 28.49 million a year ago. Basic loss per share from continuing operations was USD 18.34.

Latest news about Lumine Group Inc.

Lumine Group Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 01	CI
Lumine Group Completes Acquisition of Certain Casa Systems Assets	Apr. 30	MT
Lumine Group Inc. compeleted the acquisition of Axyom Cloud Native 5G Core Software & RAN Assets of Casa Systems, Inc	Apr. 29	CI
Lumine Group Creates A Stand-Alone Pure-Play Technology Company Called Motive	Apr. 08	CI
Lumine Group to Acquire Certain Casa Systems' Assets	Apr. 03	MT
Lumine Group Inc. entered into asset purchase agreement to acquire Axyom Cloud Native 5G Core Software & RAN Assets of Casa Systems, Inc.	Apr. 02	CI
Lumine Group Inc. completed the acquisition of Device Management and Service Management Platform businesses of Nokia.	Mar. 31	CI
Lumine Group Announces Completion Of US$310 Million Debt Facility	Mar. 20	MT
Lumine Group Inc. Announces Completion of USD 310 million Debt Facility	Mar. 20	CI
Lumine Group Downgraded to Hold at TD	Mar. 05	MT
Lumine Group Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 04	CI
Lumine Price Target Raised to $30 at TD	Dec. 21	MT
Lumine Group Agrees to Buy Device Management and Service Management Platform Businesses from Nokia; Up Over 12%	Dec. 20	MT
Nokia to Sell Device Management, Service Platform Businesses for EUR185 Million	Dec. 20	DJ
Lumine to Buy Device Management and Service Management Platform Businesses from Nokia	Dec. 20	DJ
Lumine Group Agrees to Buy Device Management and Service Management Platform Businesses from Nokia	Dec. 20	MT
Lumine Group Brief: Says to Acquire Device Management and Service Management Platform Businesses from Nokia	Dec. 20	MT
Lumine Group Inc. entered into a definitive agreement to acquire Device Management and Service Management Platform businesses of Nokia for ?185 million.	Dec. 19	CI
Lumine Group Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 02	CI
Lumine Group Inc. acquired SPATIALinfo, Inc., Razorsight Corporation and Openwave Messaging, Inc. from Synchronoss Technologies, Inc. for $41.8 million.	23-10-30	CI
Lumine Group Inc.(TSXV:LMN) added to S&P/TSX Venture Composite Index	23-10-23	CI
Multibagger Stories: Constellation Software	23-08-24
Lumine Group Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-15	CI
Lumine Group Inc.(TSXV:LMN) dropped from FTSE All-World Index	23-03-29	CI
Lumine Group Inc.(TSXV:LMN) dropped from S&P Global BMI Index	23-03-28	CI

Chart Lumine Group Inc.

Duration

Period

More charts

Company Profile

Lumine Group Inc. is a Canada-based company. The Company is engaged in acquiring and growing vertical market software businesses in the communications and media industry. It is engaged principally in the development, installation, and customization of software and in the provision of related professional services and support for customers globally. It also provides access to capital for organic and merger & acquisition (M&A)-related investments and assist with the professional development and training of management teams. The Company's portfolio of companies consists of Axyom.Core, Motive, RazorFlow, SpatialNetworX, Openwave, Titan.ium platfom, WideOrbit, Wiztivi, TOMIA, Incognito Software Systems, MDS Global, Ubersmith, WDS mobile, Lifecycle Software, Velovix, NetEngage, Tarantula, Flash Networks, TransMedia Dynamics, VAS-X, Collab, Neural Technologies, Telepin, Netadmin Systems, Sicap, Advantage 360, Kansys, Aleyant, Avance Metering, and Symbrio.

Sector

Investment Management & Fund Operators

Calendar

2024-05-13 - Annual General Meeting

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

38.51 CAD

Average target price

40 CAD

Spread / Average Target

+3.87%

Consensus

Quarterly revenue - Rate of surprise

Company calendar

Sector Investment Management

	1st Jan change	Capi.
LUMINE GROUP INC.	+28.80%	7.21B
BLACKSTONE INC.	-7.20%	86.83B
ARES MANAGEMENT CORPORATION	+15.45%	26.72B
LEGAL & GENERAL PLC	-1.45%	18.3B
THE CARLYLE GROUP INC.	+3.17%	15.08B
AMUNDI	+12.18%	15.11B
FRANKLIN RESOURCES, INC.	-21.79%	12.26B
HDFC ASSET MANAGEMENT COMPANY LIMITED	+15.94%	9.63B
BLUE OWL CAPITAL INC.	+21.61%	9.08B
INFRATIL LIMITED	+7.68%	5.41B

Investment Management