MDA Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CAD 128.4 million compared to CAD 123.4 million a year ago. Net income was CAD 8.4 million compared to net loss of CAD 1.6 million a year ago. Basic earnings per share from continuing operations was CAD 0.07 compared to basic loss per share from continuing operations of CAD 0.02 a year ago. Diluted earnings per share from continuing operations was CAD 0.07 compared to diluted loss per share from continuing operations of CAD 0.02 a year ago.