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Absolute Software (NASDAQ: ABST) has declared a quarterly dividend of CAD$0.08 per share, payable on May 24, 2023, to shareholders of record by May 11, 2023. This dividend qualifies as an eligible dividend under the Income Tax Act in Canada. Additionally, the company is set to release its Q3 Fiscal 2023 financial results on May 15, 2023, after market close. A conference call scheduled for the same day at 5:00 p.m. ET will discuss these results and the company's business outlook. Absolute Software is recognized for its intelligent security solutions, embedded in over 600 million devices, serving nearly 20,000 customers. The company has been acknowledged as a leader in Endpoint Management and Zero Trust Networking.
Positive
Quarterly dividend declared at CAD$0.08 per share, indicating consistent return to shareholders.
Company recognized as a leader in Endpoint Management and Zero Trust Networking, enhancing reputation.
Scheduled release of Q3 Fiscal 2023 results may provide insights into financial health.
Negative
None.
VANCOUVER, British Columbia & SAN JOSE, Calif.--(BUSINESS WIRE)--
Absolute Software™ (NASDAQ: ABST) (TSX: ABST) today announced that its Board of Directors has declared a quarterly dividend of CAD$0.08 per share on its common shares, payable in cash on May 24, 2023 to shareholders of record at the close of business on May 11, 2023.
Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.
Q3 Fiscal 2023 Financial Results and Conference Call
Absolute also announced the company will release its financial results for its third quarter fiscal 2023 ended March 31, 2023 on Monday, May 15, 2023 after the financial markets close.
The quarterly financial statements and management’s discussion and analysis will be made available at www.absolute.com, and will be filed under Absolute’s profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov.
The company will host a conference call that same day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss its results and business outlook. The call will be accessible by dialing 1-844-282-4856 or 1-412-317-5627; participants should ask to join the Absolute Software call. A live audio webcast of the conference call will also be available via the Absolute Investor Relations website.
The conference call will be archived for replay until Monday, May 22, 2023. To access the archived conference call, please dial 855-669-9658 or 1-412-317-0088 and enter the reservation code 2276454. To access using an international dial-in number, please use this link. An archived replay of the audio webcast will be available for one year.
About Absolute Software
Absolute Software (NASDAQ: ABST) (TSX: ABST) is the only provider of self-healing, intelligent security solutions. Embedded in more than 600 million devices, Absolute is the only platform offering a permanent digital connection that intelligently and dynamically applies visibility, control and self-healing capabilities to endpoints, applications, and network connections - helping customers to strengthen cyber resilience against the escalating threat of ransomware and malicious attacks. Trusted by nearly 20,000 customers, G2 recognized Absolute as a Leader for the twelfth consecutive quarter in the Winter 2023 Grid® Report for Endpoint Management and as a Leader for the second consecutive quarter in the Grid Report for Zero Trust Networking.
