07:11:35 EST Fri 06 Nov 2026
Enter Symbol
or Name
USA
CA



MDA Space Ltd
Symbol MDA
Shares Issued 162,174,747
Close 2026-11-05 C$ 37.48
Market Cap C$ 6,078,309,518
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Globe/CP say MDA Space posts $30.9B Q3 profit

2026-11-06 06:37 ET - In the News

The Globe and Mail reports in its Friday, Nov. 6, edition that MDA Space reported $30.9-million in net income for its third quarter, up from $27-million in the same quarter last year and raised its guidance for the year. A Canadian Press dispatch to The Globe reports that profit amounted to 19 cents per diluted share for the quarter ended Sept. 30 compared with a profit of 21 cents per diluted share a year ago when it had fewer shares outstanding. On an adjusted basis, MDA says it earned 37 cents per diluted share in its latest quarter, the same as the same quarter last year. Revenue for the quarter totalled $498.1-million, up from $409.8-million in the third quarter of 2025. The increase came as satellite systems revenue rose to $358.3-million, up from $283.5-million a year ago, while robotics and space operations revenue notched $79.9-million, up from $78.3-million. Geointelligence revenue was $59.9-million, up from $48-million. In its outlook, MDA says it now expects revenue for 2026 to total between $1.9-billion and $1.95-billion, up from earlier expectations for $1.8-billion to $1.9-billion. MDA's order backlog stood at $3.95-billion at Sept. 30, compared with $4.39-billion a year earlier.

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