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CALIAN GROUP LTD ORD - CLNFF STOCK NEWS

Welcome to our dedicated page for CALIAN GROUP ORD news (Ticker: CLNFF), a resource for investors and traders seeking the latest updates and insights on CALIAN GROUP ORD stock.

Calian Group Ltd. (CLNFF) is a diverse products and services company specializing in innovative healthcare, communications, learning, and cybersecurity solutions. With over 40 years of experience, Calian is committed to customer satisfaction, integrity, innovation, and teamwork. The company recently announced a contract to support the development of Canadarm3, Canada's contribution to the NASA-led Lunar Gateway. Calian will develop Electronic Ground Support Equipment (EGSE) for Canadarm3, showcasing its expertise in the space industry.

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Calian Group Ltd. (TSX:CGY) has been awarded a contract from MDA Inc. to support the development of Canadarm3, a next-generation space robotic system being developed by MDA for the Canadian Space Agency. Calian will develop and deliver the Electronic Ground Support Equipment (EGSE) for Canadarm3. The EGSE program will be completed in three phases, with final delivery scheduled for the middle of 2025.
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Calian Group Ltd. announces normal course issuer bid (NCIB) and automatic share purchase plan (ASPP)
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Calian Group Ltd. plans to launch a normal course issuer bid (NCIB) to purchase up to 10% of its public float of common shares. The company believes that the market price of the shares significantly undervalues its future growth prospects. The NCIB is expected to commence after approval from the Toronto Stock Exchange and will continue for up to one year. The actual number of shares purchased and timing will be determined by management.
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Calian Group Ltd. (TSX:CGY) released its Q3 2023 results, reporting an 11% increase in revenue to $167 million. Gross margin remained above 30% for the fifth consecutive quarter. Adjusted EBITDA was $15 million, down 10% compared to Q3 last year. The company completed the acquisition of Hawaii Pacific Teleport and closed a $250 million debt agreement. Calian also implemented a restructuring plan for annualized savings of $8 million.
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FAQ

What is the market cap of CALIAN GROUP ORD (CLNFF)?

The market cap of CALIAN GROUP ORD (CLNFF) is approximately 537.1M.

What services does Calian Group Ltd. offer?

Calian Group Ltd. specializes in innovative healthcare, communications, learning, and cybersecurity solutions.

What recent achievement did Calian Group Ltd. announce?

Calian Group Ltd. recently announced a contract to support the development of Canadarm3 for the NASA-led Lunar Gateway.

What values does Calian Group Ltd. prioritize?

Calian Group Ltd. prioritizes customer commitment, integrity, innovation, and teamwork in all its operations.

How long has Calian Group Ltd. been in business?

Calian Group Ltd. has over 40 years of experience in providing reliable solutions to solve complex problems.

What recent partnership did Calian Group Ltd. establish?

Calian Group Ltd. partnered with MDA Inc. to support the development of Canadarm3, a next-generation space robotic system.

Where can I find more information about Calian Group Ltd.?

For more information about Calian Group Ltd.'s services, projects, and achievements, visit calian.com.

CALIAN GROUP LTD ORD

OTC:CLNFF

CLNFF Rankings

CLNFF Stock Data

537.15M
11.63M
0.62%
46.96%
Specialty Business Services
Industrials
Link
United States of America
Ottawa