04:39 PM EDT, 08/08/2024 (MT Newswires) -- Altus Group ( ASGTF ) on Thursday said its second-quarter adjusted profit fell as revenue edged up.

The real-estate technologies company said it earned $20.8 million, or $0.45 per share, in the period, down from $24.2 million, or $0.53, in the year-prior quarter. The result lagged the consensus analyst estimate for the measure of $0.57 per share, according to Capital IQ.

Revenue rose 0.7% to $206.7 million.

A quarterly dividend of $0.15 per share was declared, payable on October 15.

The company's shares closed up $1.07 to $54.90 on the Toronto Stock Exchange.