12:01 PM EST - Kingsway Financial Services Inc. : reported first-quarter net income of $24.1 million U.S. or $0.46 U.S. per share, compared to net loss of $58.27 million U.S. or $1.06 U.S. per share last year. Loss from continuing operations was $16.8 million U.S. or $0.32 U.S. per share, wider than $5.6 million U.S. or $0.10 U.S. per share in the same quarter a year earlier. Revenue declined to $83.41 million U.S. from $142.42 million U.S. in the prior-year quarter. Kingsway Financial Services Inc.
shares T.KFS are trading up $0.09 at $2.14.
