03:32 PM EST - FirstService Corporation : reported results for its year ended December 31, 2011. All amounts are in U.S. dollars. Revenues were $2.22 billion, a 12% increase relative to the prior year, while Adjusted EBITDA was $161.6 million, up 10%, and Adjusted EPS was $1.81, up 12%. GAAP EPS from continuing operations for the year was $2.03, compared to a $0.11 in the prior year. The increase in GAAP EPS was significantly impacted by the reversal of a deferred income tax valuation allowance amounting to $1.46 per share; excluding this, GAAP EPS would have been $0.57. FirstService Corporation
shares T.FSV are trading up $0.71 at $30.24.
