04:41 PM EDT, 09/11/2024 (MT Newswires) -- Evertz Technologies ( EVTZF ) after trade Wednesday reported a decline in fiscal first-quarter profit and revenue.

The video-technologies company said it earned $9.71 million, or $0.13 per share, in the quarter ended July 31, down from $15.89 million, or $0.20, a year earlier. Two analysts polled by Capital IQ expected the company to report a profit of $0.17 per share.

Revenue dropped 11% to $111.6 million from $125.8 million.

For the quarter, revenue in the US/Canada region came in at $73.9 million, down from $87 million in the same quarter last year. The International region had revenues of $37.7 million, down from $38.8 million a year ago.

Evertz's ( EVTZF ) board declared a regular quarterly dividend of $0.195 per share that will be paid around Sept. 25 to shareholders of record on Sept. 17.

The company's shares closed up $0.23 to $13.77 on the Toronto Stock Exchange.