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FirstService Corporation

09:50 AM EST - FirstService Corporation : reported results for its first quarter ended March 31, 2014. All amounts are in US dollars and all percentage revenue variances are calculated on a local currency basis. Revenues for the first quarter were $548.4 million, up 18% relative to the same quarter in the prior year, Adjusted EBITDA was $22.8 million, up from $10.4 million and Adjusted EPS was $0.09, versus a loss of $0.20 reported in the prior year quarter. GAAP EPS from continuing operations was a loss of $0.14 per share in the quarter, versus a loss of $0.53 in the same quarter a year ago. FirstService Corporation shares T.FSV are trading up $0.85 at $52.99.