08:48 AM EST, 11/08/2024 (MT Newswires) -- McCoy Global ( MCCRF ) said third-quarter profit and revenue fell.

Net earnings fell to $0.5 million or $0.02 per share, from $1.9 million, or $0.07 per share, last year.

Revenue declined 6% to $15.8 million, primarily due to timing of contract awards, which led to fluctuations in order intake and customer shipments between quarters, the company said.

McCoy will pay a dividend of $0.02 per share on Jan. 15.