Mitel falls after record fourth quarter results

mitel office

Shares of Mitel (TSX:MNW), Nasdaq:MITL) are off today after the company released its fourth quarter and fiscal 2014 results. In the fourth quarter, the company earned (U.S.) $10.8-million on revenue of $301.4-million, compared to a loss of $2.8-million on a topline of $144.8-million in last year’s Q4. For the year, Mitel lost (U.S.) $7.3-million on […]

For Bombardier, the light at the end of the tunnel might be a train

The Bombardier Zefiro has a top operating speed of between 250 km/h and 380 km/h.

For more than a month now, the news has been especially bad for Bombardier (TSX:BBD.B). Midway through January, shares of the iconic Canadian company, which has been under pressure since 2011, began a fall that would see its market cap nearly halved. The culprit was cash. Bombardier, warned analysts such as RBC’s Walter Spracklin, didn’t […]

Ballard Power to help equip fuel cell powered soldiers

ardica

After spiking on a recent $80-million deal with Volkswagen, Ballard Power(TSX:BLD, Nasdaq, BLDP) is finding its fuel cell expertise is in demand for a range of applications. The company today announced it will provide expertise in proton exchange membrane (PEM) fuel cell technology to Ardica Technologies and the other to “an unnamed global automotive OEM”. […]

COM DEV is returning to its former glory, says Paradigm

Navstar-2F

The emergence of satellite as a platform to deliver global broadband connectivity has put COM DEV (TSX:CDV) in a perfect position to capture part of an “exploding market”, says Paradigm Capital analyst Daniel Kim. In a research update to clients this morning, Kim reiterated his “Buy” recommendation and $7.00 on year target on COM DEV, […]

Kitchener’s Miovision Raises $30 Million To Apply Big Data to Traffic Woes

miovision

Kitchener-based traffic systems technology company Miovision has completed a $30 million Series B financing round, led by MacKinnon, Bennett & Co., with assists from Investeco Capital, Renewal Funds, Plaza Ventures and Comerica. When we last checked in on Miovision, the company had just been presented with the Innovator of the Year Award by the Canadian […]

DataWind’s margins will expand in Q3 and beyond, says Haywood

datawind

Tomorrow’s third quarter results will reveal expanding margins for DataWind (TSX:DW), a trend that will continue into 2016, says Haywood analyst Massimo Voci. On Thursday, after market, DataWind will report its Q3, 2015 results. Voci expects that DataWind’s gross margins will increase to 17.2% in the third quarter, up from 15.4% in Q2. The analyst […]

Lumenpulse acquisition of Ariane gets thumbs up at Euro Pacific Canada

lumenpulse

Lumenpulse’s (TSX:LMP) second acquisition won’t have a huge immediate impact on its balance sheet, but it does put the company on “firmer competitive footing”, says Euro Pacific Canada analyst Andrej Krneta. Yesterday, Lumenpulse announced it had acquired Quebec City-based chip supplier Ariane Controls for an undisclosed cash amount. “With a record of developing and implementing […]

BSM negativity is a buying opportunity, says Paradigm

BSM Technologies CEO Aly Rahemtulla.

The bearish sentiment around BSM Technologies’ (TSXV:GPS) first quarter results creates an attractive entry point for investors, says Paradigm analyst Spencer Churchill. On February 5th, BSM reported its Q1, 2015 results. The company lost $785,000 on revenue of $7.85-million, a topline that was down from $7.93-million in last year’s first quarter. “Once again, we saw […]

Firan Technology soars after profitable fourth quarter

Firan Technology Group's clients include Canadian aerospace giant Bombardier.

Shares of Firan Technology (TSX:FTG) are up sharply today in this, the second day of trading since the company reported Q4 results that were cheered by the street. Firan earned $1.18-million on revenue of $16.49-million in its fourth quarter, a significant beat over fiscal 2013’s earnings of $197,000 on a topline of $15.42-million. The quarter […]