07:52 AM EDT, 03/18/2024 (MT Newswires) -- Andlauer Healthcare Group Inc. ( ANDHF ) over the weekend reported fourth-quarter earnings of $18.6 million, or $0.44 per diluted share, down from $19.8 million, or $0.46 per diluted share, a year ago.

Revenue for the quarter ended Dec. 31, 2023, was $169.1 million, up from $165.8 million a year earlier. The increase is mainly driven by organic growth in the company's Canadian specialized transportation product lines, partially offset by lower fuel surcharge revenue, a decline in US-based truckload rates, and reduced revenue related to COVID-19 vaccines and ancillary products.

Analysts polled by Capital IQ expected $165.5 million.

EBITDA for Q4 was $44.8 million, up from $44.7 million a year earlier.

The company declared a first-quarter shareholder dividend of $0.10 per subordinate voting share and multiple voting share. The dividend will be paid on April 15 to shareholders of record as at March 28.

The dividend has been raised from the Q4 dividend of $0.09 per subordinate voting share and multiple voting share.