Thursday, July 26, 2007

UPDATE 1-MDA quarterly profit declines as costs rise

(Reuters) - MDA, which sells real-estate data, develops space robotics
and provides satellite services, said it earned C$19.8 million
, or 45 Canadian cents a share, in the three
months ended June 30. That was down from a profit of C$20.8
million, or 48 Canadian cents a share, in the same period a
year earlier.




Consolidated revenues rose 29 percent to C$312 million, led
by its information products segment, the company said. Expenses
jumped to C$280 million from C$205.9 million a year earlier.


Read more at Reuters.com Market News

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