10:07 AM EST - Magna International Inc. : reported that its first-quarter net income was $223 million U.S., compared to a loss of $200 million U.S. in the same quarter last year. On a per-share basis, net income was $1.97 U.S., compared to a loss of $1.79 U.S. in the prior-year quarter. Sales for the quarter were $5.512 billion U.S., up from $3.574 billion U.S. in the prior-year quarter. Ten analysts had consensus revenue estimate of $5.14 billion U.S. for the quarter. Magna International Inc.
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