Q: Hi,
Your comments please and thank you on MDA’s earnings. Market is happy today (+15%).
Cheers, Michael
Your comments please and thank you on MDA’s earnings. Market is happy today (+15%).
Cheers, Michael
5i Research Answer:
EPS of 28c beat estimates of 22c; revenue of $346.6M beat estimates of $318.8M. EBITDA of $70.9M beat estimates by 18%. Backlog is $4.4B (up from $3.1B). Sales and EBITDA guidance was raised. The company noted 90% of the backlog is outside of the US and tariffs should have little impact. All in, a very solid quarter and improved outlook.