First-quarter revenue rose 8.1% year-over-year while adjusted EBITDA margin narrowed to 3.6% from 14.6%.
NTG Clarity Networks reported first-quarter GAAP earnings of C$0.02 per share on revenue of C$21.3 million, an 8.1% increase from the same period last year.
Adjusted EBITDA fell to C$0.8 million, or 3.6% of revenue, down from C$2.9 million and 14.6% in the prior-year quarter. The company did not provide full-year guidance in the release.
Shares of NCI:CA were inactive in early trading.