12:06 PM EST - Transat A.T. Inc. : posted revenues of $1.1 billion for the quarter ended April 30, 2013, compared with$1.2 billion in 2012, a decrease of $105.6 million, or 8.7%. The Corporation recorded an operating loss before amortization and depreciation of $1.2 million, compared with $26.2 million in 2012 and a net loss of $22.8 million ($0.59 per share on a diluted basis), compared with $13.2 million ($0.35 per share on a diluted basis) in 2012. Before non-operating items, amortization and depreciation, and restructuring charges, Transat reported a margin of $2.7 million, compared with an operating loss before amortization and depreciation of $26.2 million; and an adjusted after-tax loss of $1.4 million ($0.04 per share on a diluted basis) in 2013, compared with $24.5 million ($0.64 per share on a diluted basis) in 2012. Transat A.T. Inc.
shares T.TRZ.B are trading up $0.69 at $6.00.
