latest news in earnings
MDA Space Soars: Q3 Earnings Reveal 38% Revenue Surge
Brampton, Saturday, 16 November 2024.
MDA Space Ltd. reported impressive Q3 2024 results, with revenue up 38% to $282.4 million and backlog reaching $4.6 billion. The company raised its full-year revenue guidance, signaling strong growth in the space sector.
Cisco Beats Earnings Expectations Amid Revenue Decline
San Jose, Thursday, 14 November 2024.
Cisco Systems reported Q1 FY2025 earnings exceeding analyst forecasts, with revenue of $13.8 billion despite a 6% year-over-year decline. The tech giant saw a 20% increase in product orders, signaling potential growth amid market challenges. Cisco’s strong performance in AI infrastructure orders highlights its strategic pivot towards emerging technologies.
RioCan Real Estate Trust Reports Record Occupancy Amid Q3 Earnings
Toronto, Tuesday, 12 November 2024.
RioCan Real Estate Investment Trust announced strong Q3 2024 results, showcasing resilience in the Canadian real estate market. The trust reported increased revenue and net income, with sales rising to CAD 279.56 million, up from CAD 269 million year-over-year, signaling robust sector growth.