Bullboard - Stock Discussion Forum MDA Space Ltd MDALF

Primary Symbol: T.MDA

MDA Space Ltd, formerly MDA Ltd, is a global space company. The Company is a robotics, satellite systems and Geo intelligence provider. It provides communications satellites and earth and space observation. It is also involved in space exploration and infrastructure. Its software, AURORA, is a digital satellite product line providing critical new solutions to operators. AURORA technology... see more

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MDA Space Ltd > MDA REPORTS FIRST QUARTER 2023 RESULTS

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Post by Betteryear2 on May 12, 2023 10:00am

MDA REPORTS FIRST QUARTER 2023 RESULTS

Strong top line growth with revenues of $201.9 million in Q1 2023, up 57% YoY
Solid profitability with adjusted EBITDA (excluding non-recurring items) of $48.9 million in Q1 2023, up 77% YoY
Robust adjusted EBITDA margin of 24.2% in Q1 2023
Strong operating cash flow of $46 million in Q1 2023, up 212% YoY
Healthy backlog of $1.2 billion at quarter end
Reaffirmed 2023 full-year financial outlook

BRAMPTON, ON, May 12, 2023 /CNW/ - MDA Ltd. (TSX: MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, today announced its financial results for the first quarter ended March 31, 2023.

MDA REPORTS FIRST QUARTER 2023 RESULTS (newswire.ca)

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