MDA Space Q1 Adjusted Earnings, Revenue Increase; 2026 Revenue Outlook Maintained
MT Newswires Live
May 07
MDA Space (MDA) reported Q1 adjusted earnings Thursday of 0.38 Canadian dollar ($0.28) per diluted share, up from CA$0.30 a year earlier.
Analysts polled by FactSet expected CA$0.32.
Revenue for the quarter ended March 31 was CA$464.1 million, up from CA$351.0 million a year earlier.
Analysts surveyed by FactSet expected CA$413.8 million.
For 2026, the company continues to expect revenue of CA$1.7 billion to CA$1.9 billion. Analysts polled by FactSet expect CA$1.81 billion.
Shares of the company were up 6.3% in recent premarket activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.