CNSWF Stock Recent News

Constellation Software's defensive business model, with recurring revenues, low churn rates, and high ROIC, could provide investors with double-digit returns over the following years. Even though I believe size matters in CSU's growth strategy, for now, they are being able to deploy all its FCF into acquisitions. My fair price for CSU is $2,471, and I consider the stock undervalued.

TORONTO, July 18, 2023 (GLOBE NEWSWIRE) -- Constellation Software Inc. (TSX:CSU) announced today it intends to release its second quarter results on August 11, 2023.

CloudMD Software & Services Inc announced on Tuesday that it has closed the sale of its US based Electronic Medical Records (EMR), Practice Management (PM), and Revenue Cycle Management (RCM) assets to a subsidiary of N Harris Computer Corporation, an operating group of Constellation Software Inc, for about US$6.3 million.  The health services company said the divestiture follows the sale of CloudMD's Canadian EMR business in October 2022.

4GLOBAL PLC (AIM:4GBL), a UK-based data, services and software company, has signed a strategic, multimillion-dollar partnership to integrate its ‘Biz Insight' data module with Jonas Fitness' 'Compete' product. Jonas Fitness is part of Jonas Software, which is a subsidiary of Constellation Software, a Canadian diversified software corporation with revenue exceeding US$4bn £3.2bn).

TORONTO, April 18, 2023 (GLOBE NEWSWIRE) -- Constellation Software Inc. (TSX:CSU) announced today it intends to release its first quarter results on May 15, 2023.

On the top line, revenue at the Toronto company increased 30% over 2021, to $6.62 billion (all figures in U.S.

Constellation Software Inc. (TSX:CSU) reported fourth-quarter revenue and earnings that showed significant year-over-year growth Wednesday evening.  In the three months ended December 31, the Toronto-based company saw revenue of $1.84 billion, up 34% year-over-year from $1.38 billion.

Lumine Group Inc (TSXV:LMN) shares hit a high of $19, after opening at $16.25, on its first day of trading Friday after parent company Constellation Software Inc spun out its subsidiary to its shareholders following Lumine's merger with WideOrbit Inc. Lumine Group acquires, strengthens, and grows vertical market software businesses in the communications and media industry, while WideOrbit helps media companies do more business by making it easier to buy and sell advertising.  “For years, Lumine has been building a global network of communications and media software companies who are continuously learning, innovating, and enhancing their value to customers,” Lumine Group CEO David Nyland said in a statement.

TORONTO, March 13, 2023 (GLOBE NEWSWIRE) -- Constellation Software Inc. (TSX:CSU) announced today it intends to release its results for the fourth quarter and year ended December 31, 2022 on March 29, 2023.

Constellation Software is a business of rare quality that investors should be seeking to own a piece of whenever an opportunity comes around. Constellation is starting to find it difficult to spend all its cash flow at its historical rates of return and thus faces some uncertainty.