Calian Group Ltd. (CGY.TO)
- GlobeNewswire
Calian Reports Record Results for the Second Quarter
(All amounts in release are in Canadian dollars) OTTAWA, May 14, 2024 (GLOBE NEWSWIRE) -- Calian® Group Ltd. (TSX:CGY), a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions, today released its results for the second quarter ended March 31, 2024. Q2-24 Highlights: Revenue up 19% to $201 millionGross margin at 34.8%, up from 30.9% last yearAdjusted EBITDA1 up over 50% to $25.7 millionOperating free cash flow1 of $17.8 million
- GlobeNewswire
Calian® Completes Acquisition of Mabway, Expanding Military Training and Simulation Solutions Globally
OTTAWA, May 10, 2024 (GLOBE NEWSWIRE) -- Calian Group Ltd. (TSX: CGY), a diverse products and services company, providing innovative healthcare, communications, learning and cybersecurity solutions, has agreed to acquire U.K.-based Mabway for up to CAD$41M (GBP£24M). This includes CAD$32.4M (GBP£19M) on closing. Mabway is a leader in the management of large-scale defence role-playing environments that simulate real-world operational environments and provides technical engineering education for n
- Simply Wall St.
Weak Financial Prospects Seem To Be Dragging Down Calian Group Ltd. (TSE:CGY) Stock
It is hard to get excited after looking at Calian Group's (TSE:CGY) recent performance, when its stock has declined...
