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Transat A.T. Inc.

11:43 AM EST - Transat A.T. Inc. : reported second-quarter net income of $42.19 million or $1.27 per share, compared to $41.72 million or $1.25 per share last year. Adjusted net income was $20.68 million, lower than $41.39 million in the prior year. Adjusted net earnings per share were $0.62, down from $1.24 per share in the same quarter last year. Revenues increased to $1.13 billion from $1.08 billion in the comparable period a year ago. Transat A.T. Inc. shares T.TRZ.A are trading up $0.20 at $10.21.