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FirstService Corporation

10:53 AM EST - FirstService Corporation : Reported strong results for its second quarter ended June 30, 2018. All amounts are in U.S. dollars. Revenues for the second quarter were $495.3 million, a 12% increase relative to the same quarter in the prior year. Adjusted EBITDA increased 21% to $57.1 million, and Adjusted EPS was $0.86, a 43% increase versus the prior year quarter. GAAP Operating Earnings were $42.4 million, relative to $35.3 million in the prior year period. GAAP diluted earnings per share was $0.62 in the quarter, versus $0.49 for the same quarter a year ago. FirstService Corporation shares T.FSV are trading up $2.68 at $105.68.