Computer Modelling Group reports $27.8 million first-quarter revenue, declares $0.01 quarterly dividend

AI Market Summary
Computer Modelling Group reported weaker Q1 results, with revenue, recurring revenue, adjusted EBITDA, EPS, and free cash flow all down year-over-year, reflecting organic contraction despite acquisition support. The board approved a small quarterly dividend and a substantial issuer bid to repurchase up to CAD $20m of shares, which may partially offset the soft operating print. Overall, this is a company-specific update with limited broader market relevance.
Impact level
● Low
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● Neutral
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Computer Modelling Group reported fiscal 2026 first-quarter revenue of $27.8 million, down 6% year over year. Recurring revenue fell 3% to $20.3 million, while adjusted EBITDA declined 10% to $6.4 million. Earnings per share were $0.02, down 50%, and free cash flow slipped 22% to $3.5 million. The board also approved a quarterly cash dividend of $0.01 per share.