Opmedic Group Inc. (OMG.TO: Quote), Friday, reported a decline in profit for the second-quarter on lower revenues.
The Mount Royal, Quebec-based company reported a second-quarter net profit of C$378 thousands or C$0.02 per share, compared to C$1.038 million or C$0.06 per share.
Total revenues for the quarter dropped 10 percent to C$4.456 million from C$4.928 million in the prior-year quarter.
The company declared a cash dividend of $0.02 per share, payable on April 30.
The company also said Ken Newport resigned as director on April 2, to pursue other professional responsibilities.
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org