Yahoo Finance Enghouse Systems Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS In Line
Enghouse Systems (TSE:ENGH) Second Quarter 2024 Results
Key Financial Results
Revenue: CA$125.8m (up 11% from 2Q 2023).
Net income: CA$20.0m (up 59% from 2Q 2023).
Profit margin: 16% (up from 11% in 2Q 2023). The increase in margin was driven by higher revenue.
EPS: CA$0.36 (up from CA$0.23 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Enghouse Systems Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Software industry in Canada.
Performance of the Canadian Software industry.
The company's shares are up 6.3% from a week ago.
Valuation
Enghouse Systems' financial results now indicate the company's shares could present an opportunity based on 6 important indicators. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.
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