Cubic Corp. (CUB) Misses Q2 EPS by 2c; Updates Outlook

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Go back to Cubic Corp. (CUB) Misses Q2 EPS by 2c; Updates Outlook

Cubic Reports Second Quarter Fiscal Year 2017 Financial Results and Updates Guidance

May 8, 2017 4:13 PM EDT

Sales of $343.7 million for the quarter and $678.4 million for the six-month period. Net income of $0.5 million or $0.02 per share for the quarter and net loss of $2.4 million, or $0.09 per share for the six-month period. Adjusted EBITDA(1) of $16.8 million for the quarter and $36.9 million for the six-month period. Cash flows from operating activities of $11.0 million for the six-month period compared to cash used in operations of $37.7 million last year. Total backlog of $2.626 billion as of March 31, 2017. Sales guidance for fiscal 2017... More