Cubic Corp. (CUB) Misses Q1 EPS by 5c

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Cubic Reports Improved First Quarter Fiscal Year 2017 Financial Results

February 9, 2017 4:24 PM EST

Sales of $334.7 million for the first quarter up, 7 percent from last year. Net loss of $2.9 million or $0.11 per share for the quarter, improving 49 percent from last year. Adjusted EBITDA(1) of $20.1 million for the quarter, up 78 percent from last year. Cash flows provided by operating activities of $7.1 million for the quarter, significantly improved from last year. Total backlog of $2.705 billion as of December 31, 2016.

SAN DIEGO--(BUSINESS WIRE)--... More