Enghouse Releases Fourth Quarter and Year-end Results and Announces Special Dividend

Enghouse Systems Limited (TSX: ENGH) today announced its fourth quarter (unaudited) and year-end financial results for the period ended October 31, 2020. All the financial information is in Canadian dollars unless otherwise indicated.

Key financial and operational highlights for the three months ended October 31, 2020 (compared to the same period in 2019) are as follows:

  • Results from operating activities increased 31.2% to $42.7 million;
  • Net income increased 19.0% to $29.4 million;
  • Cash flows from operating activities excluding changes in working capital increased 41.8% to $48.0 million. […]