07:13 AM EDT, 07/09/2025 (MT Newswires) -- Firan Technology Group ( FTGFF ) , an aerospace and defence electronics product and subsystem supplier, overnight Tuesday reported higher net earnings in the second quarter.

Net earnings rose to $3.5 million, or $0.13 per diluted share, compared with $2.6 million, or $0.11 per share, a year earlier. Adjusted earnings per diluted share climbed to $0.14 from a year-ago figure of $0.11.

Sales for the quarter increased to $48.7 million compared with $38.8 million. The company's quarter-end backlog saw a 9% rise to $133.5 million, compared with the previous year end.

"We continued to see strong end market demand from all market segments and we continue to ramp our throughput in support of this demand," said Firan Technology ( FTGFF ) Chief Executive Brad Bourne. "The uncertainty around US tariffs remains but we have not seen any material impact so far."

Shares of the company closed up 8.9% to $12.42 on Tuesday on the Toronto Stock Exchange.