Technicians work on Radarsat Constellation Mission satellites at the MDA facility in Montreal in 2018. The company recorded third-quarter revenue of $283.5-million in its satellite systems division.

MDA Space Ltd. MDA-T reported $24.4-million in net income for its third quarter, down from $29.5-million in the same quarter last year as its revenue rose 45 per cent compared with a year ago.

The company says the profit amounted to 19 cents per diluted share for the quarter ended Sept. 30, down from 24 cents per diluted share a year ago.

On an adjusted basis, MDA says it earned 35 cents per diluted share in its latest quarter, up from an adjusted profit of 28 cents per diluted share a year ago.

Revenue totalled $409.8-million, up from $282.4-million in the third quarter of 2024.

MDA inv

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