08:37 AM EST, 11/07/2025 (MT Newswires) -- McCoy Global ( MCCRF ) reported Friday a 7% increase in net earnings for the third quarter.

The company's net earnings rose to $554,000, or $0.02 per share, compared to $516,000, or $0.02 per share.

Revenue fell 6% to $14.8 million from $15.8 million while adjusted EBITDA was down 24% to $2.0 million.

"Our third quarter results highlight the inherent variability of capital equipment markets, where timing of shipments and customer investment decisions can shift between periods, particularly under the current market backdrop," Chief Financial Officer Lindsay McGill said.

"While revenue was impacted by deferred deliveries and order timing, we delivered earnings and generated cash flow from operations in the quarter," McGill added.