By Adriano Marchese
Calian swung to a fourth-quarter profit after the company said it no longer has to pay contingent earn-out payments tied to an acquisition.
For the three months ended Sept. 30, the Canadian diversified services company on Wednesday posted net income of 20.6 million Canadian dollars ($14.6 million), or C$1.80 a share, compared with a loss of C$568,000, or C$0.05 a share, in the comparable quarter a year ago.
Calian credits the rise largely to the removal of the performance-based payments tied to its acquisition of Decisive, an Ottawa‑based IT infrastructure and cybersecurity services company.
Adjusted earnings were C$1.00 a share. According to FactSet, analysts were expecting C$1.07 a share.
Revenue rose 12% to C$203.2 million. According to FactSet, analysts were expecting C$200.5 million.
Growth was made up of 6% from organic growth from its Advanced Technologies, Health and Learning segments, and 6% from contributions from acquisitions, namely the acquisition of Advanced Medical Solutions completed in May.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
November 26, 2025 07:29 ET (12:29 GMT)
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