Enghouse Systems Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended October 31, 2024
December 12, 2024 at 05:00 pm EST
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Enghouse Systems Limited reported earnings results for the fourth quarter and full year ended October 31, 2024. For the fourth quarter, the company reported revenue was CAD 125.7 million compared to CAD 123.13 million a year ago. Net income was CAD 22.64 million compared to CAD 25.12 million a year ago. Basic earnings per share from continuing operations was CAD 0.41 compared to CAD 0.45 a year ago. Diluted earnings per share from continuing operations was CAD 0.41 compared to CAD 0.45 a year ago.
For the full year, the company reported revenue was CAD 502.51 million compared to CAD 454.02 million a year ago. Net income was CAD 81.33 million compared to CAD 72.25 million a year ago. Basic earnings per share from continuing operations was CAD 1.47 compared to CAD 1.31 a year ago. Diluted earnings per share from continuing operations was CAD 1.47 compared to CAD 1.31 a year ago.
Enghouse Systems Limited provides vertical enterprise software solutions. The Company has two segments: Interactive Management Group (IMG) and Asset Management Group (AMG). The IMG segment specializes in customer interaction software and services. Its products include contact center, video collaboration, video health monitoring, video room systems, interactive voice response, artificial intelligence, outbound dialers, attendant console, agent performance optimization, customer survey, business intelligence and analytics. It also offers video recording, streaming and event enterprise solutions. The segment, through Lifesize, offers video solutions, which enables remote teams to connect with in-person teams. The AMG segment offers a range of products to telecom service providers, utilities, and the oil and gas industry. Its products include network infrastructure and revenue generation solutions. It also offers fleet routing, dispatch, scheduling, transit e-ticketing and others.