Enghouse Releases First Quarter Results

Enghouse Systems Limited (TSX: ENGH) today announced its first quarter (unaudited) financial results for the period ended January 31 , 2021. All the financial information is in Canadian dollars unless otherwise indicated.

Key financial and operational highlights for the three months ended January 31 , 2021 (compared to the same period in 2020) are as follows:

  • Revenue grew 7.6% to $119 .1 million;
  • Results from operating activities increased 32.0% to $40 .7 million;
  • Net income increased 27.9% to $20 .6 million;
  • Cash flows from operating activities excluding changes in working capital increased 18.6% to $41 .7 million, closing the quarter with $230 .4 million in cash, cash equivalents and short-term investments.

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