MALJF - Magellan Aerospace GAAP EPS of -C$0.04 revenue of C$187.71M

Magellan Aerospace press release (OTCPK:MALJF): Q1 GAAP EPS of -C$0.04. Revenue of C$187.71M (+6.5% Y/Y). Adjusted EBITDA in the first quarter of 2022 decreased 40.4% to C$11.5 million in comparison to C$19.3 million in the same quarter of 2021. Airbus delivered 140 aircraft as of March 31, 2022. With a gross order intake of 253 aircraft and cancellations of 170 aircraft, Airbus ended the period with 7,025 unfilled orders, a drop from 7,082 aircraft at December 31, 2021. Airbus expects to deliver 720 commercial aircraft in 2022, an increase of 109 aircraft from 2021.

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Magellan Aerospace GAAP EPS of -C$0.04, revenue of C$187.71M