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Firan Technology Group Posts Higher Adjusted Earnings, Revenue for Third Quarter

Firan Technology Group Posts Higher Adjusted Earnings, Revenue for Third Quarter

MT newswireMT newswire2026/10/07 21:28

05:28 PM EDT, 10/07/2026 (MT Newswires) -- Firan Technology Group (FTG.TO) reported third-quarter adjusted earnings per share of CA$0.41, up from CA$0.12 a year earlier. Analysts polled by FactSet expected CA$0.18. Revenue rose 34% to CA$64.1 million from CA$47.7 million in the year-ago quarter. Analysts expected revenue of CA$52.3 million. "The revenue increased primarily due to operational improvements at several US sites, short-term pricing premiums and CA$0.9 million driven by favourable exchange rates," the company said. Shares of the company closed down 2.3% at CA$25.41 on the Toronto Stock Exchange.

05:28 PM EDT, 10/07/2026 (MT Newswires) -- Firan Technology Group (FTG.TO) reported third-quarter adjusted earnings per share of CA$0.41, up from CA$0.12 a year earlier. Analysts polled by FactSet expected CA$0.18. Revenue rose 34% to CA$64.1 million from CA$47.7 million in the year-ago quarter. Analysts expected revenue of CA$52.3 million. "The revenue increased primarily due to operational improvements at several US sites, short-term pricing premiums and CA$0.9 million driven by favourable exchange rates," the company said. Shares of the company closed down 2.3% at CA$25.41 on the Toronto Stock Exchange.
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