MDA Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CAD 209.1 million compared to CAD 201.9 million a year ago. Net income was CAD 13.8 million compared to CAD 16.1 million a year ago.

Basic earnings per share from continuing operations was CAD 0.12 compared to CAD 0.14 a year ago. Diluted earnings per share from continuing operations was CAD 0.11 compared to CAD 0.13 a year ago.