Computer Modelling Group (CMG) Q3 2025 earnings summary

Executive summary

• Completed the acquisition of Sharp Reflections GmbH, expanding into the Seismic Solutions segment.

• Operations now organized into Reservoir & Production Solutions (R&P) and Seismic Solutions segments.

• Declared a quarterly cash dividend of $0.05 per share, payable March 14, 2025.

Financial highlights

• Q3 revenue was $35.8M, up 8% year-over-year, with 2% organic growth and 6% from acquisitions.

• Q3 net income rose 71% year-over-year to $9.6M, driven by higher operating profit and FX gains.

• Q3 EPS was $0.12, up from $0.07; free cash flow per share increased 22% to $0.11.

• Year-to-date revenue reached $95.8M, up 25% year-over-year; net income was $17.3M, down 9%.

• Year-to-date EPS was $0.21, down 13%; free cash flow per share decreased 22% to $0.25.

Outlook and guidance

• Seismic Solutions segment revenue and profitability expected to be stronger in the latter half of the fiscal year due to contract renewal timing.

• Maintaining high renewal rates in Q4 is critical for sustaining growth.