MARKHAM, ON, Oct. 4, 2024 /CNW/ - Enghouse Systems Limited (TSX: ENGH) today announced that Vince Mifsud, President, has tendered his resignation from the Company to pursue another opportunity. His departure will be effective December 2024, upon completion of the 2024 Enghouse fiscal year. Mr. Mifsud will transition his responsibilities to Steve Sadler, Chairman and CEO of Enghouse prior to his departure. The Company intends to conduct a comprehensive search for Mr. Mifsud's replacement. 

"We are committed to ensuring a seamless transition and maintaining our strategic momentum," said Mr. Sadler. "I look forward to guiding the team through this period and continuing to drive value for our shareholders."

MARKHAM, ON, Sept. 5, 2024 /CNW/ - Enghouse Systems Limited (TSX: ENGH) announces third quarter (unaudited) financial results for the period ended July 31, 2024. All figures are denominated in Canadian dollars unless otherwise indicated.

Third Quarter Financial Highlights:

Revenue increased 17.6% to $130.5 million from $111.0 million in Q3 2023 and 13.9% for the nine-month period to $376.8 million from $330.9 million last year;Recurring revenue, which includes SaaS and maintenance services, grew 22.8% to $88.8 million compared to $72.3 million in Q3 2023, and represents 68.1% of total revenue. For the nine-month period, recurring revenue increased to $258.4 million from $210.4 million in the prior period, an increase of 22.8%, as we continue to prioritize this revenue stream;Results from operating activities increased to $34.3 million compared to $30.9 million in Q3 2023 and increased for the nine-month period to $100.4 million, from $86.4 million in the prior period;Net income was $20.6 million compared to $17.6 million in Q3 2023 and $58.7 million year to date compared to $47.1 million last year, as we grow our business with a focus on profitability;Adjusted EBITDA increased to $37.7 million compared to $33.4 million, growing by 12.9%, while achieving a 28.9% margin. Year to date Adjusted EBITDA was $108.2 million compared to $95.9 million in the prior year, an increase of 12.8%;Cash flow from operating activities, excluding changes in working capital, was $37.4 million compared to $35.5 million in the prior quarter and $111.5 million year to date compared to $97.0 million in the comparable period. Cash, cash equivalents and short-term investments reached near record highs at $258.7 million as at July 31, 2024.

MARKHAM, ON, Aug. 29, 2024 /CNW/ - Enghouse Systems Limited (TSX: ENGH) announced today it intends to release its third quarter fiscal 2024 results after market close on Thursday September 5, 2024.

A conference call to discuss the results will be held Friday September 6, 2024, at 8:45 am ET.

The conference call can be accessed by dialing the following numbers:

Local/ International:                         

1-289-514-5100       

North American Toll- Free:

1-800-717-1738

Confirmation Code:                             

59337