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Talisman Energy Inc.

10:28 AM EST - Talisman Energy Inc. : reported first-quarter net income of $228 million or $0.22 per share, compared to $455 million or $0.45 per share in the same quarter a year earlier. The company noted that prior period balances have been restated to reflect the results of discontinued operations. Income from continuing operations was $248 million or $0.24 per share, compared to loss of $67 million or $0.07 per share in the prior-year quarter. Total revenue grew to $1.81 billion from $1.49 billion in the same quarter a year earlier. Talisman Energy Inc. shares T.TLM are trading up $0.12 at $17.04.