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Stock Market & Financial Investment News

News Breaks
July 28, 2014
15:12 EDTCUBCubic awarded contract over $8M for SmarTrip devices
Cubic Transportation Systems has been awarded a contract for more than $8M to convert existing paper magnetic farecard vending machines to sales and reload devices for SmarTrip, the contactless smart card for the Washington Metropolitan Area Transit Authority, the company announced. The project is part of the agency’s plan to eliminate paper ticketing from its fare system to all contactless media by Spring 2016.
News For CUB From The Last 14 Days
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February 4, 2016
08:46 EDTCUBCubic reports Q1 EPS (20c), may not compare to consensus 28c
Reports Q1 revenue $313.8M, consensus $330.33M. Reports total backlog of $2.92B as of December 31, 2015. During the first quarter of fiscal 2016, total expenses incurred for the recent acquisitions of businesses and diligence on prospective business acquisitions totaled $4.3M compared to $1.7M in the first quarter of fiscal 2015.

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