RICHMOND, BC, July 30, 2015 /CNW/ – MacDonald, Dettwiler and Associates Ltd. (“MDA” or the “Company”) (TSX: MDA), a global communications and information company, today reported financial results for the second quarter ended June 30, 2015.
The Company posted consolidated revenues of $524 million and operating earnings1 of $57 million, or $1.56 per share1, for the second quarter of 2015. These results compare to consolidated revenues of $553 million and operating earnings of $54 million, or $1.50 per share, for the same period of 2014. Second quarter net earnings in 2015 were $44 million compared to $36 million for the same period a year ago.
The Company’s total funded order backlog as at June 30, 2015 was $2.6 billion.
The Company has declared a quarterly dividend of $0.37 per common share payable on September 30, 2015 to shareholders of record at the close of business on September 15, 2015.
MDA’s condensed consolidated financial statements and management’s discussion and analysis (MD&A) for the three and six months ended June 30, 2015 are available at:
http://www.mdacorporation.com/corporate/investor/financial_reports.cfm
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