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Softchoice Reports Record Profits and Dividend Hike
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Softchoice Reports Record Profits and Dividend Hike

Softchoice Corporation (TSE:SFTC) has released an update.

Softchoice Corporation reported a solid performance for 2023 with a record gross profit, primarily fueled by strong growth in its Software & Cloud offerings. The company also achieved a significant increase in its Adjusted EBITDA margin and generated $100 million in net cash from operating activities. Additionally, shareholders were rewarded with an 18% rise in quarterly dividend and a special dividend of Cdn. $4.00 per share.

For further insights into TSE:SFTC stock, check out TipRanks’ Stock Analysis page.

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