FirstService Corporation

11:12 AM EST - FirstService Corporation : Today reported strong results for its first quarter ended March 31, 2019. All amounts are in U.S. dollars. Revenues for the first quarter were $485.7 million, up 14% relative to the same quarter in the prior year, Adjusted EBITDA increased 15% to $29.2 million, and Adjusted EPS was $0.30, representing 20% growth over the prior year quarter. GAAP Operating Earnings were $12.9 million, relative to $11.1 million in the prior year period. GAAP diluted earnings per share was $0.06 per share in the quarter, versus $0.17 in the same quarter a year ago. FirstService Corporation shares T.FSV are trading down $0.25 at $117.98.