10:02 AM EST - Bombardier Inc. : released its financial results for the first quarter ended April 30, 2011. This is the first interim reporting under IFRS. Revenues reached $4.7 billion, a 9% increase, compared to $4.3 billion last fiscal year. Net income reached $220 million, compared to $195 million for the same period last fiscal year. Diluted earnings per share (EPS) were $0.12 for the quarter, compared to diluted EPS of $0.11 for the same period last fiscal year. Bombardier Inc.
shares T.BBD.B are trading up $0.36 at $7.11.
