05:27 PM EDT, 09/04/2025 (MT Newswires) -- Enghouse Systems ( EGHSF ) after trade Thursday said its third-quarter profit and revenue fell year-over-year, and missed market expectations, not helped by "special charges" and amid "ongoing macroeconomic uncertainty and a difficult market environment".

The company earned $17.20 million, or $0.31 per share, in the period, down from $20.60 million, or $0.37 per share, a year ago. FactSet expected earnings of $0.37 per share.

Revenue fell to $125.60 million in the quarter ended July 31, from $$130.50 million a year prior. This also missed a FactSet forecast of $129.5 million.

Among other highlights, recurring revenue, which includes SaaS and maintenance services, stood at $87.8 million compared to $88.8 million in Q3 2024 and represents 69.9% of total revenue. Adjusted EBITDA was $32.3 million compared to $37.7 million in Q3 2024, while achieving a 25.7% margin.

"During the quarter, Enghouse ( EGHSF ) undertook strategic measures to align costs with revenues, including operational adjustments and acquisition restructuring efforts, resulting in special charges of approximately $3 million," the company said.

It added that the changes aim to boost profitability amid current market conditions, with ongoing cost controls expected to bring more benefits over time.

The company also said its board approved a quarterly dividend of $0.30 per common share, payable on Nov. 28 to shareholders of record at the close of business on Nov. 14.