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 |
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(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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