🟢 MDA Space is trading 9.7% up today after raising 2026 revenue and adjusted EBITDA outlook

MDA Space is trading 9.7% higher at $28.77 after raising its 2026 revenue and adjusted EBITDA outlook.

• Third-quarter revenue was $498.1 million, up 21.5% year over year and above analyst expectations.
• Shares were already up nearly 12% in premarket trading after the results; growth in Satellite Systems also supported the November 5 move.
• The company now expects 2026 revenue of $1.90–$1.95 billion, versus its prior range of $1.8–$1.9 billion.