Firan Technology Group's Q2 Adjusted Net Earnings Grow YoY, Beats Estimates

Firan Technology Group (FTG.TO) reported second-quarter adjusted net earnings of C$5.1 million, or C$0.20 per share, up from C$3.5 million, or C$0.14 per share, in the year-ago quarter, the company said Wednesday. The result beat the second-quarter earnings per share consensus estimate of C$0.16 as compiled by FactSet. Second-quarter sales were C$52.7 million, up from C$48.7 million, in the year-ago period. The result exceeded the second-quarter sales consensus estimate of C$52.4 million as compiled by FactSet.