{"id":83465,"date":"2012-03-01T23:39:16","date_gmt":"2012-03-01T15:39:16","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/mda-maintains-double-digit-full-year-revenue-growth-despite-shaky-4q\/"},"modified":"2012-03-01T23:39:16","modified_gmt":"2012-03-01T15:39:16","slug":"mda-maintains-double-digit-full-year-revenue-growth-despite-shaky-4q","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/mda-maintains-double-digit-full-year-revenue-growth-despite-shaky-4q\/","title":{"rendered":"MDA Maintains Double-Digit Full-Year Revenue Growth Despite Shaky 4Q"},"content":{"rendered":"<p>[03-01-12] Canadian space and satellite company <b>MacDonald, Dettwiler and Associates (MDA)<\/b> reported a strong 2011 fiscal full year with double-digit growth in operational revenue and earnings, according to its latest financial results issued Feb. 29.<\/p>\n<p>&nbsp; &nbsp;MDA\u2019s 2011 full-year revenues from continuing operations were $761 million \u2014 an 11 percent jump from its $688 million mark in 2010. The company\u2019s operational earnings, or adjusted net earnings, increased 17 percent from last year\u2019s $100 million to $117 million in 2011.<br \/>\n&nbsp; &nbsp;MDA produced solid full-year fiscal gains despite a shaky 2011 fourth quarter, during which its net income fell from $37.1 million in the same quarter last year to $6.3 million in the latest quarter. Net earnings from continuing operations were $3.31 per share compared with $1.45 per share in 2010. In October, the company repurchased 9.43 million of its common shares, or 22.9 percent of its shares, and cancelled them at a price of $53 per share.<br \/>\n&nbsp; &nbsp;\u201cWe are pleased to announce that we have increased our cash dividend by $0.30 per common share, raising the annualized dividend to $1.30 per common share. A semi-annual dividend of $0.65 per common share is payable on March 30, 2012, to common shareholders of record at the close of business on March 15, 2012,\u201d MDA CEO Daniel Friedmann said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[03-01-12] Canadian space and satellite company MacDonald, Dettwiler and Associates (MDA) reported a strong 2011 fiscal full year with double-digit growth in operational revenue and earnings, according to its latest financial results issued Feb. 29. &nbsp; &nbsp;MDA\u2019s 2011 full-year revenues from continuing operations were $761 million \u2014 an 11 percent jump from its $688 million [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-83465","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/83465"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=83465"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/83465\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=83465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=83465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=83465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}