<a href="https://laohu8.com/S/MDALF">MDA Space Ltd.</a> Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Results: Revenues Surge 54% YoY to $373.<a href="https://laohu8.com/S/MMM">3M</a>, Adjusted Net Income Doubles to $48.1M, EPS Up 100% YoY
MDA Space Ltd. has announced its financial results for the second quarter of 2025, showcasing significant growth and a strong financial position. The company reported revenues of $373.3 million, marking a 54% increase year-over-year. Adjusted EBITDA reached $76.3 million, up 57% compared to the previous year, with an adjusted EBITDA margin of 20.4%. The adjusted net income stood at $48.1 million, representing a 106% increase year-over-year, and adjusted diluted earnings per share doubled to $0.38. The company ended the quarter with a net cash position of $416.8 million. Additionally, MDA Space announced a new $1.8 billion Low Earth Orbit $(LEO)$ constellation award from EchoStar, boosting its backlog to over $6 billion. MDA Space has updated its 2025 full-year financial outlook, now expecting revenues to range between $1.57 billion and $1.63 billion, reflecting approximately 48% year-over-year growth at the mid-point. The company also revised its full-year adjusted EBITDA range to $305 million - $320 million, indicating a growth of approximately 45% at the mid-point. Capital expenditures for 2025 are anticipated to be between $210 million and $240 million, with an expectation of neutral to positive free cash flow for the year. For the third quarter of 2025, MDA Space forecasts revenues of $385 million to $415 million.
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