11:36 AM EST, 11/07/2025 (MT Newswires) -- (Updates shares.)
McCoy Global ( MCCRF ) reported Friday a 7.5% rise in its third quarter profit.
The company said it earned $554,000, or $0.02 per share, in the period, up from $516,000, or $0.02, in the year-prior quarter.
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.
The company's shares were last seen up $0.24 to $2.96 on the Toronto Stock Exchange.
Price: 2.96, Change: -0.24, Percent Change: -7.50