Magellan Aerospace Sees Increased Headwinds In First Quarter
Credit: USAF
Canadian aerostructures and spacecraft sub-tier provider Magellan Aerospace saw almost 7% greater revenue during the first quarter of 2022 over the year-before period. But it also suffered a massive swing to a net loss from net income year-over-year. This was due to lingering effects of the COVID-19...
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