Cubic Corporation announced consolidated earnings results for the first quarter ended December 31, 2018. For the quarter, the company reported net sales of $305,259,000 compared to $248,391,000 a year ago. Operating loss was $566,000 compared to $11,902,000 a year ago. Net loss was $10,614,000 compared to $9,786,000 a year ago. Basic earnings per share attributable to the company was $0.23 compared to $0.36 a year ago. Basic earnings per share from continuing operations attributable to the company was $0.23 compared to $0.42 a year ago.

For the fiscal year 2019, the company expects sales to be in the range of $1,400 million to $1,475 million.