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MDS Inc.

03:39 PM EST - MDS Inc. : reported its first-quarter loss from continuing operations was $43.0 million U.S. compared with an income from continuing operations of $3 million U.S. in the corresponding quarter in fiscal 2009. Basic loss per share from continuing operations was $0.36 U.S. versus a profit of $0.03 U.S. in the previous year. The company reported revenues from continuing operations of $46.0 million U.S. for the first quarter of 2010, down from revenues of $66.0 million U.S. in the corresponding quarter in fiscal 2009. Excluding the impact of foreign exchange, revenues decreased 35%. MDS Inc. shares T.MDS are trading up $0.05 at $8.95.