{"id":849768,"date":"2026-08-07T20:02:16","date_gmt":"2026-08-07T20:02:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/849768\/"},"modified":"2026-08-07T20:02:16","modified_gmt":"2026-08-07T20:02:16","slug":"tsx-today-mda-space-revenue-rockets-34-in-q2-27-9m-profit","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/849768\/","title":{"rendered":"TSX today: MDA Space revenue rockets 34% in Q2, $27.9M profit"},"content":{"rendered":"<p class=\"c-paragraph\">TORONTO \u2014 MDA Space Ltd. recorded a $27.9 million profit in its second quarter as its revenue climbed almost 34 per cent from a year earlier.<\/p>\n<p class=\"c-paragraph\">The Toronto-based space technology company says its net income compared with earnings of $27.2 million a year prior.<\/p>\n<p class=\"c-paragraph\">Its profit for the period ended June 30 amounted to 20 cents per diluted share, compared with 21 cents in its previous second quarter.<\/p>\n<p class=\"c-paragraph\">On an adjusted basis, <a href=\"https:\/\/www.bnnbloomberg.ca\/stock\/MDA:CT\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.bnnbloomberg.ca\/stock\/MDA:CT\/\">MDA<\/a> says it earned 36 cents per diluted share in its latest quarter, unchanged from the same quarter last year.<\/p>\n<p class=\"c-paragraph\">Revenue for the quarter totalled $498.6 million, up from $373.3 million in the second quarter of 2025.<\/p>\n<p class=\"c-paragraph\">MDA says the revenue increase was spurred by higher volumes of work across all of its businesses.<\/p>\n<p class=\"c-paragraph\">&#8212;<\/p>\n<p class=\"c-paragraph\">This report by The Canadian Press was first published Aug. 7, 2026.<\/p>\n<p>Related Stories<\/p>\n","protected":false},"excerpt":{"rendered":"TORONTO \u2014 MDA Space Ltd. recorded a $27.9 million profit in its second quarter as its revenue climbed&hellip;\n","protected":false},"author":2,"featured_media":849769,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[45,49,48,1688,66],"class_list":["post-849768","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ca","tag-canada","tag-manufacturing","tag-science"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/849768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=849768"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/849768\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/849769"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=849768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=849768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=849768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}