AAC Clyde Space: Q2 now a bad memory, we’re back on growth track if supply chain cooperates; multiple irons in the fire

by Peter B. de Selding

LA PLATA, Maryland — Small satellite hardware and service provider AAC Clyde Space, recovering from a bad quarter that it blamed on temporary supply-chain issues, rebounded in Q3 to report increased sales for the nine months ending Sept. 30.

Sweden- and Scotland-based AAC more than made up for the drop in Q2, reporting 209.8 million Swedish krona ($20.8 million) in sales for the nine-month period, up 1.9% from a year ago. EBITDA was 13.7 million krona, up 28% from last year, for a 6.5 . . .

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