Topic: Growth Stocks

CALIAN TECHNOLOGIES $18.50 – Toronto symbol CTY

CALIAN TECHNOLOGIES $18.50 (Toronto symbol CTY; TSINetwork Rating: Speculative) (613- 599-8600; www.calian.com; Shares outstanding: 7.4 million; Market cap: $136.1 million; Dividend yield: 6.1%) operates in two areas: the Business and Technology Services division (70% of revenue) supplies engineers, health care workers and other professionals on a contract basis. The Systems Engineering division (30%) sells hardware and software for testing and operating satellite and other communication systems.

In the three months ended December 31, 2014, Calian’s revenue rose 8.1%, to $56.0 million from $51.8 million a year earlier.

Even with the higher revenue, earnings fell 1.4%, to $2.74 million, or $0.37 a share, from $2.78 million, or $0.38. That was mostly because Calian added workers to fulfill new contracts.

Calian Technologies is still a buy.

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