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MTY Food Group Inc.

10:52 AM EST - MTY Food Group Inc. : reported first quarter net income of $1.82 million or $0.10 per share, compared to net income of $0.98 million or $0.06 per share in the same quarter of last year. Quarterly revenues increased 52% to $6.24 million, from $4.1 million in the year ago quarter. Analysts polled by First Call/Thomson Financial expected the company to report earnings of $0.08 per share on revenues of $6.61 million. MTY Food Group Inc. shares V.MTY are trading up 51 cents at $9.00.