Elsewhere, Enghouse Systems (ENGH.TO) -- which gained 5.2% on the TSX, yesterday -- reported Q4 Basic and Diluted EPS of C$0.53 and $0.52 respectively, which appears to compare with a forecast EPS GAAP 0.46 and last year's 0.45. Revenues of near $121 million appears to have missed $134 Million seen, as per Capital IQ. Cash flows from operating activities excluding changes in working capital increased 41.8% to $48.0 million. In both the quarter and year, the company said it experienced growth from internal sources and from acquisitions. Internal growth includes the expansion of the acquired businesses, particularly Vidyo, since acquisition.
Of note, ENGH said given its "substantial" cash balance, no debt and "significant" operating cash flow, the Board of Directors approved a special dividend of $1.50 per common share, payable on February 16, 2021 to shareholders of record at the close of business on January 15, 2021. It added: "With low interest rates and the ability to acquire additional funding, as needed, the company believes that after returning these funds to shareholders it continues to have the necessary funding available for its acquisition activities."
Price: 8.05, Change: +0.02, Percent Change: +0.25