Cubic Corp. (CUB) Tops Q2 EPS by 15c; Updates FY16 Outlook

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Cubic Reports Second Quarter Fiscal Year 2016 Results and Updates Guidance

May 2, 2016 12:46 PM EDT

Sales of $366.0 million for the quarter and $679.8 million for the six-month period Adjusted EBITDA(1) of $30.3 million for the quarter and $41.6 million for the six-month period Net income of $10.1 million, or $0.38 per diluted share for the quarter and $4.7 million, or $0.18 per diluted share for the six-month period Total backlog of $2.809 billion as of March 31, 2016 Completed acquisition of GATR Technologies, Inc. in February 2016 Completed first phase of efficiency-enhancing OneCubic ERP implementation Sales guidance for fiscal 2016 revised to $1.51 billion... More