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MDA reports $2.2M Q1 profit, revenue up on Space Systems/Loral acquisition

Canadian Press, The Canadian Press
0 Comments| May 3, 2013

RICHMOND, B.C. - MacDonald, Dettwiler and Associates Ltd. (TSX:MDA) says it earned $2.2 million in its latest quarter, down from $33.2 million a year ago, due in part to costs related to its acquisition of California-based Space Systems/Loral Inc.

The company said Thursday the earnings amounted to seven cents per diluted share for the quarter ended March 31, compared with $1.04 a year ago.

© The Canadian Press, 2013

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