05:13 PM EDT, 06/10/2024 (MT Newswires) -- Enghouse Systems ( EGHSF ) on Monday said its fiscal second-quarter profit rose 59% on higher sales.

The software company said it earned $19.97 million, or $0.36 per share, in the quarter ended April 30, up from $12.54 million, or $0.23, in the year-prior period.

Revenue rose 11% to $125.81 million from $113.46 million.

The company said the rise in both its profit and sales came on contributions from acquisitions.

"Our strong performance this quarter is demonstrated by double-digit growth in revenue, profitability and operating cash flows. Our proficiency in executing and integrating acquisitions continues to be a crucial profit growth driver. This quarter we completed the acquisition of Mediasite, which expanded our video technology into the education and event market and increased our presence in Japan," it said in a release.

Enghouse ( EGHSF ) shares closed up $0.17 to $29.18 on the Toronto Stock Exchange.