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Constellation Software posts $222M yearly net profit

Constellation Software Inc. reported higher full-year net income for the year ending Dec. 31, 2017.

Net profit for 2017 rose 7.34% to $222.0 million from $206.8 million in the previous year. Revenue rose 19.54% year over year to $170.4 million from $142.5 million.

Income before income taxes rose to $320.9 million from $286.4 million. EPS increased to $10.47 from 2016's $9.76.

The company also declared a dividend of $1.00 per share for the fourth quarter, payable on April 5 to shareholders of record on March 16.