Canada's Firan Technology Q3 revenue jumps 34% on defence program ramp-up - TradingView

Firan Technology Group charged into this earnings print with the stock already hot. The share price climbed roughly 60% over the past month and just under 30% in the last week, so expectations were stretched. The report then handed traders exactly the kind of headline that tests discipline. Q3 revenue reached CA$64.1 million and net income hit CA$10.0 million, both record levels, while trailing net profit margin improved to 10.3% from 7.5% a year earlier. The market is now deciding whether this surge in profitability justifies a P/E of 36.3x or reflects investors leaning too hard into momentum. Love the record profitability at Firan Technology Group but uneasy about paying a 36.3x P/E after such a sharp run up? Stress test that setup against 7 high quality undervalued stocks. Q3 2026 Earnings Summary Revenue (Q3 2026 vs. Q3 2025): CA$64.1 million vs. CA$47.7 million (up roughly 34%) Net Income (Q3 2026 vs. Q3 2025): CA$10.0 million vs. CA$2.8 million (very large increase, more than 3x) Basic EPS (Q3 2026 vs. Q3 2025): CA$0.40 per share vs. CA$0.11 per share (very large increase, more than 3x) Net Profit Margin (Trailing 12 Months vs. Prior Year): 10.3% vs.

Firan Technology Group TSE: FTG reported record third-quarter results for fiscal 2026, as demand from aerospace and defense customers supported higher bookings, revenue, profitability and backlog. President and Chief Executive Officer Brad Bourne said the company recorded $90 million in bookings during the quarter, up 75% from the prior-year period, producing a book-to-bill ratio of 1.41-to-1. Quarter-end backlog reached $221 million, up 49% from year-end 2025. Revenue rose 34.3% year over year to $64 million.

Here’s your NYT Strands hint for today, plus the spangram and all of today’s Strands answers for puzzle No. 959 on Sunday, Oct. 18, 2026. Today’s Strands theme was tricky. It helps to be a runner. Read on for all the answers.

A supply-chain attack involving ConnectWise’s cloud services has exposed Microsoft 365 customers to unauthorized application access, with researchers reporting successful sign-ins across 173 partner and customer tenants. The incident centres on credentials associated with ConnectWise Cloud Backup, formerly SkyKick, and raises concerns about attackers exploiting permissions already entrusted to business software. ConnectWise has confirmed unauthorized access to application identities within its Cloud Backup environment. In an October 17 update on its service-status page, the company said it was shutting off application access, interrupting customer backups while investigation and remediation continued.