The Globe and Mail reports in its Tuesday, June 17, edition that Enghouse Systems is a Canadian application software company worth consideration. The Globe's guest columnist Brian Donovan writes in the Number Cruncher column that Enghouse Systems is a Canada-based provider of contact-centre and video software and services. The company's operations are organized into the Interactive Management Group (IMG) and the Asset Management Group (AMG) with the majority of its revenue coming from IMG. The company has operations in Canada, the U.S., Britain, Europe and the Asia-Pacific region.
In its most recent quarterly filing, a number of key revenue and earnings metrics were down year-over-year, noting some "demand-side hesitancy" and delays in capital investment decisions from its customer base, adding it believes the current environment creates opportunities given the company strong cash position and acquisition experience. Mr. Donovan says analyst consensus shows upside to the current share price.
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