11:58 AM EST - Bombardier Inc. : reported financial results for the second quarter of fiscal year 2011. All figures are in U.S. dollars unless specified otherwise. Revenues totaled $4.1 billion, compared to $4.9 billion for the corresponding period last fiscal year. Earnings before financing income, financing expense and income taxes (EBIT) totalled $231 million, versus $313 million last fiscal year. EBIT margin was 5.7% compared to last fiscal year's 6.3%. Net income for the second quarter ended July 31, 2010 amounted to $148 million, compared to $202 million for the same period last fiscal year. Diluted earnings per share (EPS) was $0.08, compared to $0.11 last fiscal year. Bombardier Inc.
shares T.BBD.B are trading up $0.17 at $4.61.
