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SECU — SSC Security Services News Story

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Canada's SSC Security Services Q2 revenue rises on internal operations growth

Canada's SSC Security Services Q2 revenue rises on internal operations growth


Overview

  • Canada security services firm's Q2 FY2026 revenue rose 15.5% yr/yr on organic growth

  • Adjusted EBITDA for Q2 FY2026 increased to C$1.2 mln from C$1.0 mln last year

  • Company to be acquired by Allied Universal; dividend suspended effective immediately


Outlook

  • SSC is not providing standalone strategic outlook due to pending acquisition by Allied Universal

  • Company will continue to operate in the ordinary course pending closing of the Transaction

  • SSC has suspended all dividend payments effective immediately; no further dividends will be paid


Result Drivers

  • ORGANIC GROWTH - Co said Q2 revenue increase was fully driven by organic growth from internal operations

  • RECURRING REVENUE - Co said long-term recurring monthly revenues remain strong


Company press release: ID:nCNWmM29ca


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

C$32 mln

Q2 Adjusted Net Income

C$400,000

Q2 Adjusted EBITDA

C$1.20 mln


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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