08:11 AM EDT, 08/09/2024 (MT Newswires) -- Softchoice ( SFTCF ) on Friday reported higher adjusted profit even as revenue fell.

The software and cloud-focused IT solutions provider said adjusted profit rose 16% to US$16 million, or US$0.27 per diluted share, from US$13.9 million, or US$0.23 last year.

Net sales fell 7% to US$193 million.

The company will pay a quarterly dividend of $0.13 on October 11, unchanged from the previous quarter.