Computer Modelling ( (TSE:CMG) ) has shared an update.
Computer Modelling Group Ltd. reported its financial results for the third quarter of fiscal 2025, marking a notable increase in its financial performance compared to the previous year. The recent acquisition of Sharp Reflections GmbH contributed significantly to the company’s Seismic Solutions segment, resulting in a 9% contribution to total revenue and a substantial increase in operating profit and net income. The company’s strategic acquisition and robust growth in software and service revenues have positioned it favorably in the market, enhancing stakeholder value through increased earnings per share and cash flow.
More about Computer Modelling
Computer Modelling Group Ltd. is a technology company operating in the software industry, focusing primarily on the development and licensing of reservoir simulation and seismic interpretation software. The company is organized into two segments: Reservoir & Production Solutions and Seismic Solutions, following its acquisition of Sharp Reflections GmbH.
YTD Price Performance: 3.03%
Average Trading Volume: 214,534
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$880.4M
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