MDA Space Ltd. Q2 Sales Increase
(RTTNews) - MDA Space Ltd. (MDA.TO) released a profit for second quarter of C$27.9 million
The company's earnings totaled C$27.9 million, or C$0.20 per share. This compares with C$27.2 million, or C$0.21 per share, last year.
Excluding items, MDA Space Ltd. reported adjusted earnings of C$51.8 million or C$0.36 per share for the period.
The company's revenue for the period rose 33.6% to C$498.6 million from C$373.3 million last year.
MDA Space Ltd. earnings at a glance (GAAP) :
-Earnings: C$27.9 Mln. vs. C$27.2 Mln. last year. -EPS: C$0.20 vs. C$0.21 last year. -Revenue: C$498.6 Mln vs. C$373.3 Mln last year.
FY Outlook: Narrowing Revenue to $1.8 - $1.9 billion Narrowing Adjusted EBITDA to $330 - $370 million
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