04:43 PM EST, 11/07/2024 (MT Newswires) -- Altus Group ( ASGTF ) on Wednesday said its third quarter adjusted profit and revenue increased.

On an adjusted basis excluding most one-time items, Altus reported a profit of $8.7 million, or $0.19 per share, compared with $6.6 million, or $0.14 in the prior year period.

Consolidated revenue rose 3.2%, to $128.4 million.

The company, which provides software and data to the real-estate industry, will pay a dividend of $0.15 per share, on December 31.

Altus shares closed down $0.54 to $54.12 on the Toronto Stock Exchange.