Feb 29 (Reuters) - Canada’s Constellation Software posted a 72 percent rise in quarterly profit, helped by acquisitions and higher sales at both its private and public sector businesses.
Fourth-quarter net income rose to $19 million, or 92 cents per share, from $11 million, or 51 cents per share, a year ago.
Adjusted profit rose to $1.90 per share from $1.06 per share.
Constellation, which makes customized software for private and public sectors entities, said revenue rose 15 percent to $ 198.4 million.
Constellation had bought Capital Computer Associates and Markinson Technologies in the fourth quarter.
Shares of the company touched a life-high of C$99.99 before closing at C$99 on Wednesday on the Toronto Stock Exchange. The stock has risen 60 percent in the last three months.