Calian Group Ltd. (TSX: CGY) reported revenue rose 10.2% to in its fiscal first quarter ended Dec. 31. Revenue rose 12.1% in the company’s “business and technology services” segment, which includes staffing, and 5.9% in the company’s “systems engineering” segment.

The science and technology company Calian acquired in May — International Safety Research, headquartered in Ottawa, Ontario — accounted for 4% of the company’s revenue growth this quarter.

Revenue by segment

Calian also announced changed to its executive team. Jerry Johnson, currently the VP of training and engineering services for the business and technology services division, will take the CIO role at Calian Group. Johnson is transitioning into the new role while the company conducts a search for his replacement. Lynn Stevens, currently the business and technology services division’s VP of human resources, will join Calian’s corporate ranks and work with both divisions as the company’s chief human resources officer; her current role will not be refilled.

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“I am extremely proud of the team’s efforts in the quarter delivering a new high for our Q1 results,” said CEO Kevin Ford. “This quarter’s results mirror our strategy of both organic and acquisitive growth and all service lines are positively contributing to these results.”

Guidance

Calian expects revenue for fiscal 2018 to be in the range of C$290 million to C$310 million.

Share price and market cap

Shares in Calian fell 2.31% to C$30.87 as of 1:17 p.m. Eastern time. The company had a market cap of C$238.05 million.