03:27 PM EST - Cargojet Inc. : announced today financial results for the first quarter ended March 31, 2012. Total Revenues were $40.1 million, a decrease of $1.0 million or 2.4% versus the previous year. Gross Margin was $5.5 million, a decrease of $1.8 million or 24.7% versus the previous year. EBITDA was $1.9 million, a decrease of $2.4 million or 55.8% versus the previous year. Cargojet Inc.
shares T.CJT are trading down $0.05 at $8.10.
