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Magellan Aerospace Q1 2024 Earnings Report

Magellan Aerospace logo
C$9.89 +0.04 (+0.41%)
As of 01/20/2025 03:59 PM Eastern

Magellan Aerospace EPS Results

Actual EPS
C$0.11
Consensus EPS
C$0.10
Beat/Miss
Beat by +C$0.01
One Year Ago EPS
N/A

Magellan Aerospace Revenue Results

Actual Revenue
$235.24 million
Expected Revenue
$243.30 million
Beat/Miss
Missed by -$8.06 million
YoY Revenue Growth
N/A

Magellan Aerospace Announcement Details

Quarter
Q1 2024
Time
N/A

Conference Call Resources

Magellan Aerospace Earnings Headlines

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Magellan Aerospace Announces Strategic Business Developments
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About Magellan Aerospace

Magellan Aerospace (TSE:MAL), through its subsidiaries, engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe. The company offers aero engine products, such as laser welded honeycomb and filament wound tubes, frames, compressor components, bypass ducts, hot section components, and aeroengine and helicopter drive shafts, as well as other flight safety critical machined components, including discs, seals, and spacers; and aerostructures comprising landing gear systems, wing ribs, spars and skins, bulkheads and fuselage components, tailcone assemblies, composite wing and fairing structures, horizontal and vertical stabilizers, plug and nozzle, exhaust systems, crown modules, and vane boxes and transition ducts. It also designs, engineers, and manufactures assemblies and components, such as stage rocket motors, solid propellant rocket motors, and rocket weapon systems; wire strike protection systems for helicopter safety; space solutions, including small satellite bus platforms and satellite subsystem equipment, as well as offers services for satellite assembly, integration, and testing; and aluminum and magnesium alloy sand castings, such as engine mounted accessory gearbox housings, helicopter power transmission housings, auxiliary power unit inlet and gearbox housings, engine front inlet and intermediate cases, engine front frames and fan cases, pump and accessory drive housings, and environmental control housings. In addition, the company offers maintenance, repair, and overhaul for various engine and components MRO, as well as lifecycle management services to logistics, fleet management, and engineering services. Magellan Aerospace Corporation was incorporated in 1996 and is headquartered in Mississauga, Canada.

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