05:23 PM EST, 11/11/2025 (MT Newswires) -- Computer Modelling Group ( CMDXF ) after trade Tuesday said its fiscal second-quarter earnings declined even as revenue increased year-over-year.

The company reported net income of $2.7 million, or $0.03 per share, for the three months ended Sept. 30, compared with $3.8 million, or $0.05 per share, a year earlier. FactSet expected $0.04 per share.

Revenue rose to $30.2 million from $29.4 million in the year-ago quarter. FactSet projected $28.1 million.

The company also declared a cash dividend of $0.01 per common share, the same as the previous quarter. It will be paid on Dec. 15 to shareholders of record at the close of business on Dec. 5.

Computer Modelling Group ( CMDXF ) also announced that the Toronto Stock Exchange has approved its plan to start a normal course issuer bid. The company has also set up an automatic share purchase plan with its broker to manage these share purchases.

The company's shares closed down $0.17 to $5.10 on the Toronto Stock Exchange.